News Selected By World News Trust Editors
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Pentagon `Undercut' CIA on Pre-War Intelligence, Probe Finds (Tony Capaccio)
The Pentagon provided ``inappropriate'' analysis for its finding of a strong link between Hussein and al- Qaeda -- a finding that Vice President Dick Cheney cited as a rationale for invading Iraq ...
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U.S. Subprime Mortgage Bond Sales Plunge as Loan Delinquencies Soar (Darrell Hassler)
Sales of bonds backed by subprime mortgages are tumbling as investors and bankers, concerned about rising delinquency rates, pull back from what had been one of Wall Street's fastest growing ...
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China's Spying Overwhelms U.S. Counterintelligence (Jeff Bliss)
China has systematically gained sensitive information on U.S. nuclear bombs and ship and missile designs, current and former U.S. officials say.
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'Cheap' Stocks Signal Bull Market To Some Big Money Managers (Tsang, Hauck & Baker)
``The economy is stronger than people think it is.''
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Department Of Homeland Security Demand For Internet Key Alarms Nations (Deep Harm)
The U.S. Department of Homeland Security (DHS) is demanding the master key for the DNS root zone -- a demand that has other nations alarmed. With the master key, DHS would have control over the ...
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U.S. Treasury Yield Curve Steepens on Rising Inflation Expectations (Daniel Kruger, Annie Pinkert)
The increasing gap in yields ``is about the Fed not hiking when inflation still seems to be rising,'' said David Ader, head of U.S. government bond strategy at RBS Greenwich Capital in Greenwich, ...
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U.S. home prices fell in January for the first time in at least six years (Shobhana Chandra)
Today's data ``are a good indicator of the dire state of the U.S. residential real estate market,'' said Robert Shiller, chief economist at MacroMarkets LLC and a professor at Yale University.
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U.S. Economy: Confidence Wanes, House Prices Decline (Bob Willis and Shobhana Chandra)
U.S. consumer confidence declined from a five-year high in March as gasoline prices rose, stocks fell and the housing recession showed few signs of ending.
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Fed's Braunstein Says Delinquencies `Great Concern' (Craig Torres and Scott Lanman)
The Federal Reserve has ``great concern'' about the surge in mortgage delinquencies and foreclosures, said Sandra Braunstein, director of the Fed's Division of Consumer and Community Affairs.
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Subprime Defaults May Spread to Automobile Loan Bonds, S&P Says (Mark Pittman)
Bonds backed by automobile loans may be hurt by rising subprime mortgage defaults as people with poor credit struggle with their household debt, according to Standard & Poor's.
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Cheney: Early Iraq Pullout Won’t Be Allowed
U.S. Vice President Dick Cheney has assured political allies that an early withdrawal of U.S. forces from Iraq would not be allowed, despite efforts by Congress to impose a deadline on U.S. combat ...
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