» News «
Pitt's Cancer Institute warns of cell phone risks

The head of a prominent cancer research institute issued an unprecedented warning to his faculty and staff Wednesday: Limit cell phone use because of the possible risk of cancer. Read More

McCain denies he misstated timing of Iraq surge

Republican John McCain pushed back on Wednesday against Democratic criticism that he misstated when the troop buildup ordered by President Bush began, saying elements were put in place before Bush announced the strategy in early 2007. Read More

Arctic's oil could meet world demand for 3 years

The Arctic Circle holds an estimated 90 billion barrels of recoverable oil, enough supply to meet current world demand for almost three years, the U.S. Geological Survey forecast on Wednesday. Read More

House OKs rescue for homeowners, Freddie, Fannie

Rescue legislation sailed through the House Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. Read More

Minimum wage going up, little help as costs soar

About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers. Read More

House passes housing bill; Bush lifts veto threat

The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression. Read More

AP Source: Goodell monitoring Favre situation

NFL commissioner Roger Goodell is monitoring the ongoing rift between the Green Bay Packers and Brett Favre. A person with direct knowledge of Goodell's interest said the commissioner has spoken with Packers management several times recently as tensions mounted between the three-time MVP and his team. Read More

» Business news «
Wall Street rises on oil drop, housing plan optimism

Stocks rose on Wednesday as financial shares climbed on optimism about a rescue plan for mortgage finance companies Fannie Mae and Freddie Mac and as the price of oil fell. Read More

Fed says price pressures gain, growth slackens

The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak." Read More

House passes housing bill; Bush lifts veto threat

The House of Representatives passed a massive housing rescue bill on Wednesday while the White House dropped a threat to veto it, paving the way for measures aimed at shoring up the worst U.S. housing market since the Great Depression. Read More

Karadzic to defend himself, mirroring Milosevic

Bosnian Serb genocide suspect Radovan Karadzic is to defend himself before the UN war crimes court, his lawyer said Wednesday, raising memories of the trial of his late ally, Slobodan Milosevic. Read More

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