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  • Mortgage rates drop to lowest level this year

    May 13, 2010 11:58 AM

    Mortgage rates fell this week to the lowest level of the year. The drop was caused by a high demand for U.S. government securities, which closely track mortgage rates, as investors fled risky European debt. The average rate on a 30-year fixed rate mortgage dipped to 4.93 percent this... more »
  • Government to warn on baby slings because of deaths

    March 9, 2010 2:51 PM

    The U.S. government is preparing a safety warning about baby slings - those popular and fashionable infant carriers that parents can sling around their chests to carry their baby. The concern is that infants can suffocate, and a few have. Consumer Product Safety Commission Chairman Inez Tenenbaum says... more »
  • Timing of missile defense announcement criticized

    September 24, 2009 4:04 PM

    The Obama administration is coming under fire from members of Congress over its decision to make changes in missile defense plans. At a hearing today, lawmakers said they resented hearing about the decision in news reports before being briefed. A Pentagon official told the Senate hearing that the administration rushed... more »
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