Bernanke says US economy likely to slow (newsone.ca)
Federal Reserve Chairman Ben Bernanke said Thursday that a host of economic problems, including the severe housing slump, will cause business growth to slow noticeably in coming months.
He stressed that the central bank was keeping all options open, saying the Fed would be closely watching economic growth and the threat of inflation.
Oral Roberts' son accused of misspending (Yahoo news)
A Beverly Hills house and country club membership. Vacations in Palm Springs and the South Seas. A closet as big as an apartment, stuffed with hundreds of pairs of shoes, suits, dresses and golf shoes.
People with close ties to TV evangelist Oral Roberts and his son, Richard, say they witnessed such extravagances years before a recent lawsuit accusing them of lavish spending engulfed the ministers and their debt-ridden university in scandal.
Democrats warn Pakistan like '70s Iran (Yahoo news)
Two Democratic presidential candidates with extensive foreign policy experience warned Thursday that the current unrest in Pakistan is reminiscent of events that led up to the Iranian hostage crisis of 1979-81.
Joe Biden, chairman of the Senate Foreign Relations Committee, and Bill Richardson, a former U.N. ambassador during the Clinton administration, said the U.S. is in danger of repeating the mistakes that led to one of the nation's worst international debacles of the last half century.
23 charged in O'Hare immigration bust (Yahoo news)
Nearly two dozen illegal immigrants were arrested Wednesday, accused of using fake security badges to work in critical areas of O'Hare International Airport, including the tarmac, authorities said.
The 23 illegal workers were employed by Ideal Staffing Solutions Inc., whose corporate secretary and office manager also were arrested after an eight-month investigation that involved federal, state and Chicago authorities.
Ship's oil washing up on Calif. beaches (Yahoo news)
Oil that leaked from a cargo ship after it bumped the San Francisco-Oakland Bay Bridge has closed five beaches and is washing up as far as 40 miles north of San Francisco, the Coast Guard said Thursday.
About 58,000 gallons of oil spilled from the ship when it struck a tower supporting the bridge Wednesday morning. The accident caused no structural damage to the span, officials said, but vessel's hull suffered a large gash. The ship has since anchored in the bay.
Federal Reserve Chairman Ben Bernanke said Thursday that a host of economic problems, including the severe housing slump, will cause business growth to slow noticeably in coming months.
He stressed that the central bank was keeping all options open, saying the Fed would be closely watching economic growth and the threat of inflation.
Oral Roberts' son accused of misspending (Yahoo news)
A Beverly Hills house and country club membership. Vacations in Palm Springs and the South Seas. A closet as big as an apartment, stuffed with hundreds of pairs of shoes, suits, dresses and golf shoes.
People with close ties to TV evangelist Oral Roberts and his son, Richard, say they witnessed such extravagances years before a recent lawsuit accusing them of lavish spending engulfed the ministers and their debt-ridden university in scandal.
Democrats warn Pakistan like '70s Iran (Yahoo news)
Two Democratic presidential candidates with extensive foreign policy experience warned Thursday that the current unrest in Pakistan is reminiscent of events that led up to the Iranian hostage crisis of 1979-81.
Joe Biden, chairman of the Senate Foreign Relations Committee, and Bill Richardson, a former U.N. ambassador during the Clinton administration, said the U.S. is in danger of repeating the mistakes that led to one of the nation's worst international debacles of the last half century.
23 charged in O'Hare immigration bust (Yahoo news)
Nearly two dozen illegal immigrants were arrested Wednesday, accused of using fake security badges to work in critical areas of O'Hare International Airport, including the tarmac, authorities said.
The 23 illegal workers were employed by Ideal Staffing Solutions Inc., whose corporate secretary and office manager also were arrested after an eight-month investigation that involved federal, state and Chicago authorities.
Ship's oil washing up on Calif. beaches (Yahoo news)
Oil that leaked from a cargo ship after it bumped the San Francisco-Oakland Bay Bridge has closed five beaches and is washing up as far as 40 miles north of San Francisco, the Coast Guard said Thursday.
About 58,000 gallons of oil spilled from the ship when it struck a tower supporting the bridge Wednesday morning. The accident caused no structural damage to the span, officials said, but vessel's hull suffered a large gash. The ship has since anchored in the bay.