top stories

News: Top Stories

Fed weighs how and when to signal higher rates
33 minutes ago

The US Federal Reserve is widely expected to keep its key lending rate at virtually zero percent as financial markets look for signals of future monetary policy tightening.(AFP/File/Paul J. Richards)AP - Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered.




US envoy cancels Mideast trip, Israel feud deepens
2 hours ago

Undercover Israeli police officers detain a Palestinian demonstrator during clashes in east Jerusalem, Tuesday, March 16, 2010. Dozens of masked Palestinians hurled rocks at police and set tires ablaze across the holy city's volatile eastern sector, where thousands of officers, including reinforcements brought in from other locations, were in place for a fifth straight day. (AP Photo / Dan Balilty)AP - A U.S. envoy's postponement of his Mideast trip appeared Tuesday to deepen one of the worst U.S.-Israeli feuds in memory — even as Israel's foreign minister signaled his government had no intention of curtailing the contentious construction at the heart of the row.




Pakistani officials: Suspected US missile kills 9
25 minutes ago

File photo shows a US Air Force Predator drone. Missiles fired by unmanned US drone aircraft on Tuesday killed at least six militants in Pakistan's restive tribal belt bordering Afghanistan, Pakistani security officials said.(AFP/HO/US AIR FORCE/File)AP - An apparent U.S. missile attack destroyed a suspected militant compound in a tribal region of northwestern Pakistan on Tuesday, killing at least nine people, intelligence officials said.




Magnitude-4.4 earthquake shakes Southern Calif.
3 minutes ago

A quake reading on a seismograph. Los Angeles and surrounding areas were rattled early Tuesday by a 4.4 magnitude earthquake, US seismologists said.(AFP/File/Nicolas Asfouri)AP - An earthquake east of downtown Los Angeles rippled across Southern California's vast urban center before dawn Tuesday, jolting people awake and putting first-responders on alert.




Housing construction drops 5.9 pct in February
44 minutes ago

Construction workers build one of a number of new single family homes in a subdivision outside San Diego as new home construction returns to San Marcos, California March 8, 2010. The Obama administration has more work to do to help struggling U.S. homeowners, despite signs of a stabilizing housing market, a senior Treasury official said on Monday.    REUTERS/Mike Blake  (UNITED STATES - Tags: EMPLOYMENT BUSINESS POLITICS CONSTRUCTION)AP - Housing construction fell in February as winter blizzards held down activity in the Northeast and South. The decline highlighted the challenges facing builders as they struggle to emerge from the worst housing slump in decades.




New HIV infections increasing among homosexuals
3 hours ago

A nurse draws blood from a patient for an HIV test in Johannesburg. Britain announced Tuesday one million pounds in aid to South Africa for the purchase of condoms to tackle HIV and AIDS in the world's worst-affected country ahead of the 2010 World Cup.(AFP/File/Paballo Thekiso)AP - New HIV infections are increasing among homosexuals, drug users and prostitutes who don't seek help because of laws that criminalize these practices, the head of the U.N. AIDS agency said Monday.




Jackson estate in record deal worth up to $250 mln
3 hours ago

FILE - In this Feb. 24, 1988 file photo, Michael Jackson performs during his 13-city U.S. tour in Kansas City, Mo. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal.  (AP Photo/Cliff Schiappa, File)AP - Even in death, Michael Jackson is breaking new records.




World's shortest man, He Pingping, dies in Italy
1 hour ago

FILE - In this Thursday, Jan. 14, 2010 file photo, the world's shortest man He Pingping and world's tallest man Sultan Kosen of Turkey, 27,  pose together during an event organized by the Guinness World Records in Istanbul, Turkey.  According to a spokesperson for Guinness World Records in London, He Pingping, has died at the age of 21, after developing chest problems while filming a television programme in Italy. The Chinese-born man, who became a record-holder in March 2008, was taken to hospital in Rome for treatment but died  on Saturday March 13.(AP Photo/Ibrahim Usta, File)AP - The world's shortest man has died in Italy, where he was to take part in a TV show, the program's production company said Tuesday.




Lakers top Warriors for 9th straight time, 124-121
2 hours ago

Los Angeles Lakers' Kobe Bryant dunks against the Golden State Warriors during the first half of an NBA basketball game Monday, March 15, 2010, in Oakland, Calif. (AP Photo/Ben Margot)AP - Kobe Bryant scored 29 points and Pau Gasol added 26 to lead the Los Angeles Lakers to their ninth straight victory over the Golden State Warriors, 124-121 on Monday night.




Fed seen renewing low rates, extended period vow
12 minutes ago
Reuters - The Federal Reserve is expected to hold interest rates near zero on Tuesday and renew its pledge to keep rates very low for a long time, but it could note a brightening economic picture and hint at being closer to dropping the vow.

Protesters splash blood outside Thai PM's office
36 minutes ago

Hundreds of supporters of former premier Thaksin Shinawatra on trucks lead a march to the base of Thai Army 11th Infantry Regiment in Bangkok March 15, 2010. REUTERS/Chaiwat SubprasomReuters - Anti-government protesters poured bottles of their own blood outside the Thai prime minister's office on Tuesday, a "sacrifice for democracy" after demands for elections were rejected.




Dodd says Congress must address financial reform
1 hour ago

Senate Banking Committee Chairman Christopher Dodd unveils new financial legislation in Washington, DC. President Barack Obama's stuttering bid to rein in the largest US banks has been boosted with Dodd's reform package, described as the most sweeping in 80 years.(AFP/Getty Images/Mark Wilson)Reuters - U.S. Senate Banking Committee Chairman Christopher Dodd said on Tuesday that Congress should not adjourn for its two-week Easter recess on March 26 without addressing financial reform.




EU ministers discuss standby plans for Greece
2 hours ago

Spanish Finance Minister Elena Salgado (2nd L) and her French counterpart Christine Lagarde (R) talk at the start of a European Union finance ministers meeting in Brussels March 16, 2010. REUTERS/Yves HermanReuters - EU finance ministers on Tuesday discussed standby plans drawn up by countries using the euro to provide Greece with financial help if it becomes the first state in 11 years of monetary union to seek such aid.




China warns Google to obey rules even if it pulls out
2 hours ago
Reuters - Google should obey Chinese government rules even if it decides to retreat from the country over hacking and censorship complaints, a Chinese government spokesman said on Tuesday.

Afghanistan denies peace talks with Taliban No. 2
44 minutes ago
Reuters - Afghanistan's government denied a report on Tuesday that it had been holding secret peace talks with the Taliban's number two leader, Mullah Abdul Ghani Baradar, when he was arrested in Pakistan.

Palestinians, Israeli police clash in Jerusalem
1 hour ago

An Israeli border police officer fires tear gas towards Palestinian stone-throwers in East Jerusalem neighbourhood of Issawiya March 16, 2010. REUTERS/Darren WhitesideReuters - Palestinians mounted violent protests in a "day of rage" in Jerusalem on Tuesday and a U.S.-Israeli crisis over a Jewish settlement project deepened with the cancellation of a U.S. peace envoy's visit.




Madoff family seek dismissal of cases against it
4 hours ago
Reuters - Andrew and Mark Madoff, sons of fraudster Bernard Madoff, have submitted a request with a U.S. court to dismiss all the complaints against them, with prejudice, court documents showed.

Thai demonstrators in symbolic blood protest
1 hour ago

Fact file on Thailand(AFP Graphic)AFP - Protesters spilled their own blood at the gates of Thailand's government headquarters Tuesday in a colourful act of political theatre designed to propel their fugitive hero back to power.




Sri Lanka's ex-army chief in court martial
9 minutes ago

Sri Lanka's former army chief Sarath Fonseka addresses a press conference in Colombo in January 2010. Fonseka, now a sworn political enemy of President Mahinda Rajapakse, was facing a military court on controversial charges that could see him jailed for up to five years.(AFP/File/Ishara S.Kodikara)AFP - Sri Lanka's former army chief, now a sworn political enemy of President Mahinda Rajapakse, faced a military court Tuesday on controversial charges that could see him jailed for up to five years.




© 2001-2007 Faremax, Inc.  All rights reserved.
faremax.com and its contents are trademarks and/or service marks of Faremax, Inc.
Use of this Website constitutes acceptance of the User Agreement and Privacy Policy