Tuesday, August 2, 2011

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Tuesday, August 2, 2011 12:07 AM PDT
Today's Yahoo! News - Latest News & Headlines:
House OKs debt; Giffords brings down the House
Mon,1 Aug 2011 05:52 PM PDT
AP -

photoEmergency legislation to avoid an economy-rattling government default sped through the House Monday night, a scant day before the deadline for action — the dramatic vote made all the more memorable by Rep. Gabrielle Giffords' first appearance in Congress since suffering a head wound in a shooting six months ago.


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Analysis: Storms ahead as debt deal sets up tax fight
Mon,1 Aug 2011 05:38 PM PDT
Reuters -

photoWASHINGTON (Reuters) - If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock.


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Questions and answers about the debt-deficit deal
Mon,1 Aug 2011 05:07 PM PDT
AP -

photoAn explanation, in questions and answers, of key features in the debt-reduction plan, how it would work and possible impacts on programs:


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Missing NH girl's body found in river near home
Mon,1 Aug 2011 03:31 PM PDT
AP -

photoThe body of an 11-year-old New Hampshire girl who disappeared almost a week ago was discovered Monday in a river less than half a mile from her home, authorities said. The death was being considered suspicious.


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Debt battle set to draw to close, for now
Mon,1 Aug 2011 10:57 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The United States is poised to step back from the brink of economic disaster on Tuesday as a bitterly fought deal to cut the budget deficit is expected to clear the Senate and President Barack Obama's desk.


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Japan primes markets for FX intervention
Mon,1 Aug 2011 11:51 PM PDT
Reuters -

photoTOKYO (Reuters) - Japan primed financial markets on Tuesday for currency intervention after the yen tested record highs overnight, signaling it may try to tame the unit with a combination of yen-selling and monetary easing.


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Hama assault into second day as U.N. revives Syria debate
Mon,1 Aug 2011 07:36 PM PDT
Reuters -

photoAMMAN (Reuters) - A two-day assault by Syrian government forces on anti-government protesters in the city of Hama was widely condemned in the West and prompted European powers to relaunch a dormant U.N. resolution condemning Damascus for its crackdown.


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Libyans start Ramadan fast amid conflict, divisions
Mon,1 Aug 2011 07:36 PM PDT
Reuters -

photoTRIPOLI/BENGHAZI (Reuters) - Libyans entered the Muslim holy month of Ramadan on Monday with no let-up in the five-month conflict after Muammar Gaddafi sought to divide a rebellion threatening him on several fronts.


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Putin says U.S. is "parasite" on global economy
Mon,1 Aug 2011 02:45 PM PDT
Reuters -

photoLAKE SELIGER, Russia (Reuters) - Russian Prime Minister Vladimir Putin accused the United States Monday of living beyond its means "like a parasite" on the global economy and said dollar dominance was a threat to the financial markets.


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ECB eyed for signs of growing rate hike caution
Mon,1 Aug 2011 11:09 PM PDT
Reuters -

photoFRANKFURT (Reuters) - Financial markets will be watching the European Central Bank on Thursday for any hints that recent signs of an economic slowdown and the unrelenting debt crisis have lowered the chances of another rate hike this year.


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Government hankers for hackers
Mon,1 Aug 2011 10:03 PM PDT
Reuters -

photoWASHINGTON (Reuters) - The National Security Agency has a challenge for hackers who think they're hot stuff: prove it by working on the "hardest problems on Earth."


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Factory growth slows, casts shadow on economy
Mon,1 Aug 2011 02:13 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam.


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Analysis: Tea Party proves clout, but at what cost?
Mon,1 Aug 2011 10:07 PM PDT
Reuters -

photoWASHINGTON (Reuters) - Tea Party conservatives scored their biggest political triumph with a debt-ceiling deal that cuts federal spending, but their hardline tactics could risk a voter backlash in the 2012 elections.


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Analysis: Storms ahead as debt deal sets up tax fight
Mon,1 Aug 2011 05:38 PM PDT
Reuters -

photoWASHINGTON (Reuters) - If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock.


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Israel PM ready to discuss border "package": official
Mon,1 Aug 2011 04:44 PM PDT
Reuters - JERUSALEM (Reuters) - Israel has told Middle East power brokers it was ready to discuss a proposed package on borders with Palestinians to help Western powers revive stalled peace talks, an Israeli official said Monday. Full Story
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Rhode Island's Central Falls files for bankruptcy
Mon,1 Aug 2011 01:47 PM PDT
Reuters -

photoCENTRAL FALLS, Rhode Island (Reuters) - Central Falls, Rhode Island, one of a handful of U.S. cities and counties facing fiscal collapse in the wake of the economic recession, filed for a rare Chapter 9 bankruptcy on Monday.


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Wall Street ends down
Mon,1 Aug 2011 07:37 PM PDT
Reuters -

photoNEW YORK (Reuters) - The S&P 500 fell for a sixth day on Monday as time runs out for the government to pass a deal to avoid default and the economy showed further signs of stalling.


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Wall St. cuts losses, ends down as debt vote looms
Mon,1 Aug 2011 01:52 PM PDT
Reuters -

photoNEW YORK (Reuters) - The S&P 500 fell for a sixth day on Monday as time runs out for the government to pass a deal to avoid default and the economy showed further signs of stalling.


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House OKs debt bill, Giffords brings down House
Mon,1 Aug 2011 06:01 PM PDT
AP -

photoEmergency legislation to scrape past an economy-rattling national financial default sped through the House Monday night a scant day before the deadline for action. The moment was made all the more electric by Rep. Gabrielle Giffords' first appearance in Congress since being shot in the head six months earlier.


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Small spending cuts to have little economic impact
Mon,1 Aug 2011 07:42 PM PDT
AP -

photo The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending will probably have only a minor impact on the economy for the next two years.


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Missing NH girl's body found in river near home
Mon,1 Aug 2011 03:31 PM PDT
AP -

photoThe body of an 11-year-old New Hampshire girl who disappeared almost a week ago was discovered Monday in a river less than half a mile from her home, authorities said. The death was being considered suspicious.


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Justice Dept. challenges tough Ala immigration law
Mon,1 Aug 2011 07:27 PM PDT
AP - The Obama administration is challenging Alabama's new law that would let police detain those stopped for traffic offenses who they suspect are in the country illegally, a statute described as one of the toughest immigration regulations nationwide. Full Story
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Coverage with no copay extended to birth control
Mon,1 Aug 2011 12:30 PM PDT
AP -

photo A half-century after the advent of the pill, the Obama administration on Monday ushered in a change in women's health care potentially as transformative: coverage of birth control as prevention, with no copays.


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FBI investigates tip that dead man is D.B. Cooper
Mon,1 Aug 2011 04:34 PM PDT
AP -

photoThe FBI is investigating whether a dead man in the Pacific Northwest is D.B. Cooper, who hijacked a passenger jet in 1971 over Washington state and parachuted with $200,000 in ransom.


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Senate plan to end FAA shutdown falls apart
Mon,1 Aug 2011 06:21 PM PDT
AP -

photo Republicans late Monday blocked a bipartisan Senate plan to end the partial shutdown of the Federal Aviation Administration, making it increasingly likely Congress will be unable to resolve the legislative standoff before September.


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Rights group: 24 killed in Syria as Ramadan starts
Mon,1 Aug 2011 11:17 PM PDT
AP -

photo A human rights group says Syrian forces have killed 24 people on the first day of the Muslim holy month of Ramadan.


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ABC's 'Bachelorette' picks her guy, gets engaged
Mon,1 Aug 2011 10:02 PM PDT
AP -

photo "Bachelorette" Ashley Hebert (AY'-behr) has picked her match made in network TV heaven.


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Agent: Randy Moss retiring from NFL
Mon,1 Aug 2011 07:09 PM PDT
AP -

photo Randy Moss dominated when he wanted to dominate.


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