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Month: February 2008

Fed Chief Signals Another Rate Cut

By JEANNINE AVERSA, AP Economics Writer WASHINGTON – Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy. “The economic situation has become distinctly less favorable” since the

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Fed Chief Signals Another Rate Cut

By JEANNINE AVERSA, AP Economics Writer WASHINGTON – Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy. “The economic situation has become distinctly less favorable” since the

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Senate Republicans Advance Iraq Debate

By ANNE FLAHERTY, Associated Press Writer WASHINGTON – In an about-face, Senate Republicans on Tuesday agreed with Democrats to advance an anti-war bill because they said the debate would give them time to hail progress in Iraq. The change of heart came after months of blocking similar measures. But unlike most of last year, security

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Senate Republicans Advance Iraq Debate

By ANNE FLAHERTY, Associated Press Writer WASHINGTON – In an about-face, Senate Republicans on Tuesday agreed with Democrats to advance an anti-war bill because they said the debate would give them time to hail progress in Iraq. The change of heart came after months of blocking similar measures. But unlike most of last year, security

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Train Comes Off Track In Alpine, Texas

ALPINE, Texas (AP) – Cleanup was under way in West Texas on Wednesday after nearly 90 cars from a train carrying hazardous materials derailed and prompted temporary evacuations, Union Pacific Corp. said. The train was traveling from Louisiana to California when 86 cars came off the track around 11:50 p.m. Tuesday. The two-person crew was

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Train Comes Off Track In Alpine, Texas

ALPINE, Texas (AP) – Cleanup was under way in West Texas on Wednesday after nearly 90 cars from a train carrying hazardous materials derailed and prompted temporary evacuations, Union Pacific Corp. said. The train was traveling from Louisiana to California when 86 cars came off the track around 11:50 p.m. Tuesday. The two-person crew was

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