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News Selected By World News Trust Editors

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  • Republicans' Lobbying Grip Crumbles After Congressional Shakeup (Jonathan D. Salant)

    The Republicans' loss of power in Congress is mirrored by a swift reversal of fortune in some key precincts of lobbying influence.

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  • U.S. Stocks Retreat This Week, Pulled Down by Lending Concerns (Eric Martin and Michael Patterson)

    U.S. stocks slid this week as growing mortgage defaults heightened concern the home-loan crisis is spreading and inflation cut the odds of a Federal Reserve interest interest-rate reduction.

    Read more...
  • CIA's Wilson Blames `Political Motives' for Unmasking (Jay Newton-Small)

    Former CIA official Valerie Plame Wilson said the Bush administration disclosed her covert status in 2003 for ``purely political motives'' and ended her work searching for weapons of mass destruction ...

    Read more...
  • U.S. Stocks Fall as Inflation Gains; Banks, Energy Shares Drop (Nick Baker)

    An unexpected surge in inflation drove U.S. stocks to their first decline in three days and erased all of last week's rebound on concern the Federal Reserve is unlikely to lower interest rates this y ...

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  • Pimco Says Subprime Collapse May Spread To Other Types Of Mortgages (Mark Pittman)

    Pacific Investment Management Co., the money manager that first predicted a collapse in U.S. home prices almost two years ago, said today that losses on subprime mortgages will spread to other ``aggr ...

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  • Wal-Mart, Citing Controversy, Abandons Bank Plans (Alison Vekshin)

    Wal-Mart Stores Inc. scrapped plans to open its own bank, ending a two-year controversy that roiled financial-services companies that feared direct competition from the world's largest retailer.

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  • Interspecies Sex: Evolution's Hidden Secret? (James Owen)

    The act of mating with a species other than your own may not be as ill advised or peculiar as it seems.

    Read more...
  • VIDEO: Valerie Plame Confirms Her Covert Status Prior To Novak Leak (Think Progress)

    “While I helped to manage and run secret worldwide operations against this WMD target from CIA headquarters in Washington, I also traveled to foreign countries on secret missions to find vital intell ...

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  • SEC Allows Auction-Rate Manipulators When They Disclose Intent (Darrell Preston)

    SEC Allows Auction-Rate Manipulators When They Disclose Intent (Darrell Preston)

    ``You make your point, you collect your money and everyone goes on as they were before,'' said Richard Lehmann, a registered investment adviser in Miami Lakes, Florida, and president of Income Securi ...

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  • U.S. Michigan Consumer Sentiment Index Fell in March (Bob Willis)

    American consumers lost confidence this month after fuel prices rose and stocks fell by the most in more than four years, a private report showed today.

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  • U.S. Dollar Falls to Three-Month Low on Concern U.S. Growth Slowing (Bo Nielsen and Ye Xie)

    The dollar fell to the lowest level this year against the euro and dropped against the yen on concern a slowing U.S. economy is reducing the appeal of U.S. debt.

    Read more...

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