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US President George W. Bush is set to announce for the first time a series of measures aimed at easing the US mortage crisis marked by rising defaults and foreclosures, US media said Friday.
The proposals target homeowners who have fallen behind on their mortgages and are the administration’s first official response to the troubled […]

Sen. Larry Craig of Idaho pleaded guilty in June to lewd conduct in a restroom.

By Linda Feldmann | Staff writer of The Christian Science Monitor
from the August 31, 2007 edition
Perhaps the most relieved Republican in the country this week is Alberto Gonzales. On the day the much-maligned attorney general announced his resignation, spurring renewed […]

By WILLIAM F. BUCKLEY JR.
The most recent initiative of the president of Venezuela, Hugo Chavez, is to change Venezuela’s time zone by one half-hour. Why? There is only one reasonable answer: to annoy the United States.
Why should the U.S. be annoyed by such a time change? Answer: It shouldn’t be, really.
We tamper with the clock […]

By Mark Shenk Bloomberg News
 

U.S. crude oil prices rose to a three-week high above $73 a barrel Wednesday after a government report showed a larger-than-expected drop in oil and gasoline inventories.
The Energy Department reported that crude oil stockpiles fell 3.49 million barrels to 333.6 million in the week ended Aug. 24. Analysts surveyed by Bloomberg […]