WASHINGTON - The Federal Reserve, working to combat the effects of a serious credit crisis, said Tuesday it had auctioned $30 billion in funds to commercial banks at an interest rate of 3.95 percent.
WASHINGTON - Three Army soldiers who were gunned down during an intensive, three-hour firefight in the Salahuddin province north of Baghdad last week, may have died from friendly fire, military officials said Tuesday.
The Bush administration announced its intention on Monday to sell $123 million worth of sophisticated, precision-guided bomb technology to Saudi Arabia as part of a larger arms package to the country and its Gulf neighbors, estimated to total $20 billion. Congress has 30 days to lodge objections to the sale.
WASHINGTON - House Speaker Nancy Pelosi and Fed chief Ben Bernanke met Monday to discuss how Congress might act to stimulate the slowing economy.
WASHINGTON - Apparently, raising the price really does make the wine taste better.
WASHINGTON - Still smarting from the partisan wars of 2007, Congress confronts a sinking economy, a lingering war and election-year politics as it gets back to work for the 2008 session.
WASHINGTON - The Supreme Court declined Monday to hear industry complaints that the Environmental Protection Agency should have dropped some old clean air safeguards when it imposed a more stringent air quality standard for ozone.
WASHINGTON - The nation's intelligence chief says waterboarding ''would be torture'' if used against him or if someone under interrogation actually was taking water into his lungs.
WASHINGTON - Blackwater Worldwide repaired and repainted its trucks immediately after a deadly September shooting in Baghdad, making it difficult to determine whether enemy gunfire provoked the attack, according to people familiar with the government's investigation of the incident.
WASHINGTON - The Supreme Court refused Monday to review a ruling that terminally ill patients have no constitutional right to be treated with experimental drugs - even if that means the patient will likely die before the medicine is approved.
WASHINGTON - Driving on a suspended license, David Lee ''Chubs'' Moore nonetheless had the law on his side. But was it enough?
WASHINGTON - A key House Democrat said Monday he plans to question EPA officials about why the agency refused to allow California to require reductions in greenhouse gas emissions from cars and trucks.
WASHINGTON - The Democratic-led Congress is unlikely to block U.S. plans to sell $123 million worth of sophisticated precision-guided bomb technology to Saudi Arabia, despite concerns from some members that the systems could be used against Israel.
WASHINGTON - The Bush administration has authority to rehire retired workers to reduce a backlog of immigration applications that is preventing thousands of people from becoming U.S. citizens in time to vote in November's elections, a Democratic senator said.
WASHINGTON - The faltering economy has caught the Iraq war as people's top worry, a national poll suggests, with the rapid turnabout already showing up on the presidential campaign trail and in maneuvering between President Bush and Congress.