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    Oil prices plummet $7 on spreading economic fears (AP)

    Traders work the crude oil options pit at the New York Mercantile Exchange, Tuesday, July 15, 2008 in New York. Oil prices plunged Tuesday as worries about the nation's economic health moved to the fore and OPEC warned that high pump prices are likely to erode global demand for crude. (AP Photo/Mary Altaffer)AP - Oil prices plunged Tuesday as worries about the nation's economic health shot to the fore and OPEC warned that high pump prices are likely to erode global demand for crude.


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    Tue, 15 Jul 2008 18:32:47 GMT - Yahoo! News: Top Stories
    Bush says troubled financial system is 'basically sound' (AP)

    President Bush gestures in the briefing room of the White House in Washington, Tuesday, July 15, 2008, where he called on Congress to move quickly to put into force legislation designed to prop up mortgage giants Fannie Mae and Freddie Mac. (AP Photo/Ron Edmonds)AP - President Bush said Tuesday the nation's troubled financial system is "basically sound" and urged lawmakers to quickly enact legislation to prop up mortgage giants Fannie Mae and Freddie Mac.


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    Tue, 15 Jul 2008 16:25:34 GMT - Yahoo! News: Top Stories
    Fed chief details woes in markets, housing, jobs (AP)

    Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Tuesday, July 15, 2008, as he reports on the economy during an appearance  before the Senate Banking Committee. (AP Photo/Susan Walsh)AP - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing "numerous difficulties" despite the Fed's aggressive interest rate reductions and other fortifying steps.


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    Tue, 15 Jul 2008 17:20:23 GMT - Yahoo! News: Top Stories
    World's biggest Christian festival launched with Sydney mass (AFP)

    Graphic on Pope Benedict XVI's visit to Sydney for World Youth Day. The biggest mass ever held in Australia is set to officially launch World Youth Day events with 150,000 Catholic pilgrims expected to attend, organisers have said(AFP)AFP - The world's biggest Christian festival opened Tuesday with a spectacular harbourside mass for thousands of pilgrims taking part in World Youth Day celebrations in Sydney headed by Pope Benedict XVI.


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    Tue, 15 Jul 2008 08:13:35 GMT - Yahoo! News: Top Stories
    UN prepares to pull staff from Darfur (AFP)

    International Criminal Court prosecutor Luis Moreno-Ocampo adressing the press. The UN is preparing to fly non-essential staff from Darfur as supporters of Sudan President Omar al-Beshir planned protests in Khartoum to denounce the world court prosecutor's call for him to be arrested for alleged war crimes(AFP/ANP/Koen van Weel)AFP - The United Nations prepared on Tuesday to fly non-essential staff from Darfur as supporters of Sudan President Omar al-Beshir planned protests in Khartoum to denounce the world court prosecutor's call for him to be arrested for alleged war crimes.


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    Tue, 15 Jul 2008 07:36:01 GMT - Yahoo! News: Top Stories
    Sleep deprivation raised in bin Laden driver case (Reuters)

    In this photograph of a sketch by courtroom artist Janet Hamlin, reviewed by the U.S. Military, Khalid Sheikh Mohammed (C) stands during a court hearing inside a U.S. military war crimes court at Guantanamo Bay U.S. Naval Base in Cuba June 5, 2008. REUTERS/Janet Hamlin/PoolReuters - A newly-released document suggests Osama bin Laden's former driver may have been subjected to 50 days of sleep deprivation at the Guantanamo prison camp in Cuba, the prisoner's defense lawyers said on Monday.


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    Mon, 14 Jul 2008 22:00:57 GMT - Yahoo! News: Top Stories
    Sydney transformed by young Catholic pilgrims (Reuters)

    A World Youth Day participant reads a text message on his mobile phone outside St. Mary's cathedral in Sydney July 15, 2008. REUTERS/Tim WimborneReuters - About 150,000 young pilgrims attended mass on the shores of Sydney Harbor on Tuesday for the Catholic church's biggest youth festival, but protesters plan to rally against Pope Benedict ahead of his outdoor mass on Sunday.


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    Tue, 15 Jul 2008 08:45:52 GMT - Yahoo! News: Top Stories
    Blair scraps Gaza visit due to security threat (Reuters)

    Palestinian Hamas militants take part in a training exercise in Gaza June 24, 2008. (Mohammed Salem/Reuters)Reuters - Middle East envoy Tony Blair's decision to cancel a visit to the Hamas-controlled Gaza Strip on Tuesday stemmed from a security threat, a spokesman for the former British prime minister said.


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    Tue, 15 Jul 2008 08:53:55 GMT - Yahoo! News: Top Stories
    Two suicide bombers kill 23 in Iraq's Diyala (Reuters)

    Iraqi soldiers attend their graduation ceremony at Rustamiyah Military Base in Baghdad July 14, 2008. About 786 soldiers from four military colleges graduated during the ceremony after finishing a year of training. (Mahmoud Raouf Mahmoud/Reuters)Reuters - Two suicide bombers killed 23 people and wounded 68 at a recruitment centre for the Iraqi army north of Baghdad on Tuesday, an Iraqi security source said, just days after the government promised a crackdown in the area.


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    Tue, 15 Jul 2008 07:37:47 GMT - Yahoo! News: Top Stories
    Bush lifts offshore drilling ban in symbolic move (Reuters)

    President George W. Bush walks out of the Oval Office before talking about offshore oil drilling in the Rose Garden of the White House in Washington July 14, 2008. (Larry Downing/Reuters)Reuters - President George W. Bush on Monday lifted a White House ban on offshore drilling to try to drive down soaring energy prices, a largely symbolic bid unlikely to have any short-term impact on high gasoline costs.


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    Mon, 14 Jul 2008 20:55:48 GMT - Yahoo! News: Top Stories
    McCain and Obama clash over strategy in Iraq (Reuters)

    U.S. Republican presidential candidate John McCain speaks in Washington, July 8, 2008. McCain, who has hectored Democratic rival Barack Obama to visit Iraq, now says Obama should go to South America as well. REUTERS/Jonathan ErnstReuters - Presidential foes John McCain and Barack Obama clashed on Monday over the U.S. role in Iraq, with McCain questioning his rival's judgment as Obama pushed for a new strategy to boost troop levels in Afghanistan.


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    Tue, 15 Jul 2008 01:26:57 GMT - Yahoo! News: Top Stories
    Pledge fails to lift cloud over Fannie, Freddie (Reuters)

    Mortgage firm Freddie Mac headquarters is pictured in McLean, Virginia July 13, 2008. U.S. (Larry Downing/Reuters)Reuters - Buyers showed no hesitation in bidding on Freddie Mac's $3 billion debt sale on Monday, just hours after the U.S. government pledged support for the nation's top mortgage finance agencies, but the steps failed to stem growing alarm on Wall Street.


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    Mon, 14 Jul 2008 23:03:45 GMT - Yahoo! News: Top Stories
    Congress to hear Bernanke, Paulson on market strain (Reuters)

    Fed Chairman Ben Bernanke speaks at the Federal Reserve Bank of Chicago's Annual Conference on Bank Structure and Competition May 15, 2008. REUTERS/John GressReuters - Discussion of persistent financial market turmoil is seen as likely to overshadow the Federal Reserve's semi-annual monetary policy outlook when Fed Chairman Ben Bernanke testifies before Congress on Tuesday.


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    Tue, 15 Jul 2008 04:12:01 GMT - Yahoo! News: Top Stories
    Hamilton hits record 28 HRs in Derby's first round (AP)

    Texas Rangers' Josh Hamilton swings at the ball during the Major League Baseball All-Star Home Run Derby at Yankee Stadium in New York on Monday, July 14, 2008. Hamilton hit a record 28 home runs in the first round. (AP Photo/Julie Jacobson)AP - Fans at Yankee Stadium were chanting Josh Hamilton's name and the theme music from "Rocky" was blaring over the loudspeakers.


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    Tue, 15 Jul 2008 07:43:01 GMT - Yahoo! News: Top Stories
    New animated show `Cleveland' goes multiethnic (AP)

    This image provided by Fox shows the cast of 'The Cleveland Show'. The 'Family Guy' spinoff show featuring the character of Cleveland Brown is mixing up its voice cast, ethnically speaking. Mike Henry, who is white, will continue to provide the voice for Cleveland on Fox's new animated series. Joining Henry in the cast will be black actors Sanaa Lathan, Nia Long and Kevin Michael Richardson, the network announced Monday, July 14, 2008. The show is set for a 2009 debut. (AP Photo/Fox)AP - A "Family Guy" spinoff show featuring the character of Cleveland Brown is mixing up its voice cast, ethnically speaking.


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    Tue, 15 Jul 2008 08:17:10 GMT - Yahoo! News: Top Stories
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