WASHINGTON – U.S. mortgage finance regulators on Tuesday raised the limit for loans that can be bought by government-sponsored mortgage enterprises Fannie Mae (FNM) and Freddie Mac (FRE) to $417,000 for 2006, in most areas. Lenders charge lower interest rates for mortgages they are confident they can sell to Fannie …
Read More »Deere Q4 Earnings Slide but Beat Forecasts
MOLINE, Ill. – Deere & Co. (DE) reported lower quarterly profit on Tuesday as U.S. farmers cut back on machinery purchases, and said that trend would continue into next year. But Deere’s results beat Wall Street forecasts, which were slashed after the company said in August it would cut production, …
Read More »Leaders Talk Iraq Troop Cuts
WASHINGTON – The Bush administration and military leaders are sounding optimistic notes about scaling back U.S. troops in Iraq next year, as public opposition to the war and congressional demands for withdrawal get louder. Contingency plans for a phased withdrawal include proposals to further postpone or cancel the deployment of …
Read More »Strong GDP Rekindles Fed Rate Fears
NEW YORK – Strong growth in the nation’s gross domestic product spooked investors and sent stocks mostly lower Wednesday as the data renewed fears that the Federal Reserve would continue raising interest rates. Despite the drop, the market ended November with impressive gains. The Dow Jones industrial average fell 82.29, …
Read More »U.S. Military Issues Iraq IED Report
BAGHDAD, Iraq – On Tuesday, the U.S. command issued a report showing its efforts to combat the threat from IEDs (search), which have emerged as the deadliest weapon in the insurgent arsenal. The report, summarizing combat operations around Baghdad (search) during a five-day period, said U.S. forces had found several …
Read More »October 29 & 30
Weekends at 9 p.m. ET Fugitives! Amber Alerts! Missing Persons! Captures! Tips! Watch “The Lineup,” for an investigative look at America’s high-profile crimes and cases, murders and mysteries. It’s Crime Time coverage on FOX News Channel! Here are just some of the stories we’re investigating: Saturday, October 29 Missing in …
Read More »WHO Warns China of More Bird Flu Outbreaks
BEIJING – China should prepare for more bird flu outbreaks in poultry and possibly more human cases as cold winter weather sets in, the World Health Organization said Thursday. The agency issued the warning despite praising China’s handling of outbreaks in its vast poultry flocks and the country’s first human …
Read More »Prehistoric Texas Reptile Deemed Missing Link
DALLAS – Amateur fossil hunter Van Turner felt certain he had found something important during his search of earth turned up by bulldozers making way for a new subdivision in Dallas County. Sixteen years later, scientists finally confirmed that Turner had discovered the first well preserved early mosasaur found in …
Read More »Five Al Qaeda Suspects to Face Military Tribunals
WASHINGTON – Five suspected Al Qaeda terrorists, including one accused of killing a U.S. Special Forces medic, are the latest Guantanamo Bay detainees headed for the kind of military trials that now face a Supreme Court review. The high court agreed Monday to consider a constitutional challenge to military trials …
Read More »Pro-Bush Dem Defeated in St. Paul
ST. PAUL – Voters punished Mayor Randy Kelly on Tuesday for standing with President Bush a year ago, denying the Democrat a second term in Minnesota’s capital city. Former City Council member Chris Coleman, also a Democrat, routed Kelly 70 percent to 30 percent in unofficial returns with all but …
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