Mexico pipeline attacks raise fear of new Nigeria
September 11 2007 8:28 PM
A series of attacks on Mexico's fuel pipelines this summer has raised fears the key energy supplier could slide into a Nigeria-style struggle to keep its oil and gas flowing, experts said on Tuesday.
U.S. and China promise Americans lead-free toys
September 11 2007 8:25 PM
U.S. and Chinese officials agreed on Tuesday to take immediate steps to stop the use of lead paint in toys made in China following toy recalls that have scared American parents ahead of holiday shopping.
Biofuels may harm more than help
September 11 2007 4:00 PM
Biofuels, often seen as a benefit for the climate, farmers and countries, may in fact hurt the environment and push up food prices.
Consumers turn to plastic as home loans slow
September 11 2007 3:37 PM
Consumers are carrying a record $907 billion in credit card debt, and that looks likely to jump now that the housing slump has blunted another popular financing tool -- home equity loans. Americans cashed out hundreds of billions of dollars in home equity as credit came cheap in a five-year housing boom that ended about 18 months ago.
Focus on WTC site for 9/11 commemoration
September 11 2007 3:24 PM
Under a gray and drizzly sky, thousands gathered around the sprawling, reconstruction site of the World Trade Center in New York City to take part in ceremonies, view memorials and commemorate the deaths of those killed in terrorist attacks six years ago on September 11.
Bernanke: current account gap cannot persist
September 11 2007 12:32 PM
Federal Reserve Chairman Ben Bernanke on Tuesday told a European audience that huge external debts were not unduly burdening the U.S. economy now, but that over time the U.S. current account gap is unsustainable.
US to commemorate 9-11 anniversary
September 11 2007 8:22 AM
Americans will commemorate the sixth anniversary of the September 11, 2001 attacks that killed about 3000 people and gripped the nation's psyche, by organizing silent processions and lighting candles in memory of the victims, even as reports poured in that Al-Qaeda leader Osama Bin Laden is seen mocking the U.S. in a new video release.
September 11 2007 7:53 AM
New Yorkers are doing all they can to preserve the way September 11 is commemorated, and with it falling on a Tuesday for the first time since 2001, the day is another trigger of tragic memories. And across the United States, September 11 will have much of the same emotional impact that has gripped the American psyche and dominated U.S. political discourse for six years, an impact that will not soon ease, analysts say.
Dozens dead in Mexico truck crash and blast
September 10 2007 11:00 PM
A tractor-trailer loaded with explosives blew up in Mexico on Monday after a traffic accident, creating a huge fireball that killed dozens, including rescue workers and photographers.
Petraeus calls for cutting U.S. troops in Iraq
September 10 2007 10:57 PM
The top U.S. general in Iraq on Monday recommended cutting American troops by about 30,000 by next summer, ending the so-called surge of forces but not fundamentally changing strategy in the unpopular war.
Fed officials see risks in housing, financial markets
September 10 2007 10:23 PM
Federal Reserve officials said on Monday that while there were risks related to ongoing housing and financial markets turmoil, it was not completely clear if such uncertainty could spread to the wider economy.
Fed's Mishkin: Further pullback in housing, business spending possible
September 10 2007 9:57 PM
Federal Reserve Governor Frederic S. Miskhkin said Monday he would not rule out a scenario where heightened uncertainty could lead to further retrenchment in housing and business spending.
Japan's GDP contracts in the second quarter
September 10 2007 4:12 PM
Japan's gross domestic product (GDP ) declined by 0.3 percent in the April-June period compared to the same period a year earlier, revised down from a preliminary estimate of 0.5 percent growth, the government said Monday.
China safety chief urges staff: don't lose heart
September 10 2007 11:41 AM
China's product safety chief has urged his officials not to be discouraged by current global concern about Chinese goods, but warned them in the same pep talk their jobs may be at risk if they don't perform up to scratch.
Fed's Plosser: U.S. housing sector warrants monitoring
September 10 2007 11:10 AM
The weak U.S. housing sector warrants close attention to assess the economic outlook as well as its recent disruptive effects on financial markets, Philadelphia Federal Reserve Bank President Charles Plosser said on Saturday.
Petraeus, Crocker to assess Iraq surge in Congress
September 10 2007 10:22 AM
Gen. David Petraeus, the top U.S. military commander in Iraq, is due to assess on Monday whether President Bush's move to add 30,000 troops in Iraq this year has succeeded - and what troop levels are needed going forward.
In pure Arctic air, signs of China's economic boom
September 10 2007 6:13 AM
In the apparently pure Arctic air, a research station on a Norwegian island mountain ridge finds tiny chemical traces from factories in Russia, pesticides in Israel or China's coal-fired power plants.
Does APEC merely add to global warming?
September 10 2007 6:08 AM
To the chagrin of green groups, APEC members signed a voluntary non-binding agreement to cut greenhouse gases.
U.S. official calls bin Laden virtually impotent
September 10 2007 6:00 AM
President George W. Bush's homeland security adviser said on Sunday al Qaeda leader Osama bin Laden is virtually impotent and can do little more than send videotaped messages.
Thousands stranded as Bangladesh flood spreads
September 10 2007 5:58 AM
A second spell of floods in less than a month has spread across parts of Bangladesh, killing seven people and leaving thousands stranded, officials said on Monday.