Pentagon releases video depicting confrontation between US and Iranian forces in Persian Gulf

WASHINGTON - Recent clashes between Iranian and U.S. Navy forces in the Persian Gulf reflect Iran's shifted military strategy to use its Revolutionary Guard's fast boats more aggressively in the region, the top U.S. military officer said Friday.

January 27, 2008 | By LOLITA C. BALDOR Associated Press Writer | Washington

AP Exclusive: Repairs to Blackwater convoy vehicles could complicate Baghdad shooting inquiry

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.

January 27, 2008 | By LARA JAKES JORDAN and MATT APUZZO Associated Press Writer | Washington

US lawmakers plan to use Beijing Olympic spotlight to raise complaints with China

WASHINGTON - The world will be watching China closely as it gears up to host the Olympics this year. So will U.S. lawmakers, who hope to use the attention generated by the summer games to highlight their complaints about China's government.

January 27, 2008 | By FOSTER KLUG Associated Press Writer | Washington

Schumer urges Bush to work with Democrats on economic stimulus package

WASHINGTON - Congress and the White House need to work together to get the U.S. economy back on track, a leading Senate Democrat said Saturday.

January 27, 2008 | The Associated Press | Washington

Federal budget was in surplus in December but deficit now higher so far this year

WASHINGTON - The federal budget recorded a record surplus for December, but for the first three months of the budget year, the deficit is running significantly higher than the previous year.

January 26, 2008 | By MARTIN CRUTSINGER AP Economics Writer | Washington

Congressional investigation finds a former TSA Web site vulnerable to security breaches

WASHINGTON - Some travelers may be vulnerable to identity theft after petitioning the government a year ago to have their names removed from lists that restrict them from flying.

January 26, 2008 | By EILEEN SULLIVAN Associated Press Writer | Washington

Mullen: US-Iranian navy clash reflects shift in Tehran military strategy

WASHINGTON - The recent confrontation between Iranian and U.S. navy forces in the Persian Gulf reflects a shift in military strategy by Tehran to use its Revolutionary Guard's fast boats in a more aggressive manner in the region, the top U.S. military officer said Friday.

January 26, 2008 | By LOLITA C. BALDOR Associated Press Writer | Washington

Consumer confidence sinks to record low over worry about jobs, energy costs, and foreclosures

WASHINGTON - Consumer confidence fell to an all-time low as worries about jobs, energy bills and home foreclosures darkened people's feelings about the country's economic health and their own financial well-being.

January 26, 2008 | By JEANNINE AVERSA AP Economics Writer | Washington

Bush administration times Saudi arms sale notification with president’s Riyadh arrival

WASHINGTON - The Bush administration will notify Congress on Monday of its intent to sell $20 billion in weapons, including precision-guided bombs, to Saudi Arabia, moving up the announcement to coincide with the president's arrival in Riyadh, The Associated Press has learned.

January 26, 2008 | By MATTHEW LEE Associated Press Writer | Washington

Record price for foreign oil pushes U.S. trade deficit to highest level in 14 months

WASHINGTON - The U.S. trade deficit in November rose to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.

January 26, 2008 | By MARTIN CRUTSINGER Associated Press Writer | Washington

Democrats looking at tax rebates, benefit boosts and public works to stimulate economy

WASHINGTON - Democrats controlling Congress are looking at tax rebates, extended unemployment benefits and more food stamps to stimulate the sagging economy.

January 26, 2008 | By ANDREW TAYLOR Associated Press Writer | Washington

US formally protests Iranian harassment of US warships in Persian Gulf

WASHINGTON - The United States has lodged a formal diplomatic protest with Iran over a weekend incident in which Iranian speedboats harassed U.S. warships in the Persian Gulf, the State Department said Thursday.

January 25, 2008 | By MATTHEW LEE Associated Press Writer | Washington

Weekly jobless claims drop for second straight week due to seasonal factors

WASHINGTON - The number of newly laid off workers filing claims for unemployment benefits unexpectedly fell last week although the decline was not viewed as evidence of an improving job market.

January 25, 2008 | By MARTIN CRUTSINGER AP Economics Writer | Washington

AP interview: U.S. general says once-violent Anbar province ready for Iraqi control

WASHINGTON - Iraq's western province of Anbar, origin of the Sunni Arab insurgency that arose in the early months of U.S. occupation, will be returned to Iraqi control in March, a senior U.S. general said Thursday.

January 25, 2008 | By ROBERT BURNS AP Military Writer | Washington

Chairman Bernanke says Fed ready to cut interest rates again as needed

WASHINGTON - Federal Reserve Chairman Ben Bernanke pledged Thursday to slash interest rates yet again to prevent housing and credit problems from plunging the country into a recession.

January 25, 2008 | By JEANNINE AVERSA AP Economics Writer | Washington

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