XML US NewsHome-Heating Costs Expected to Risepublished about 2 hours ago
Consumers can expect to pay about 15% more to heat their homes this winter despite recent slumps in oil and natural gas prices.
Fed creates commercial paper-buying facilitypublished about 2 hours ago
WASHINGTON (Reuters) - The Federal Reserve on Tuesday announced it would create a special-purpose facility, with the Treasury Department's blessing, to begin buying commercial paper in yet another emergency move aimed at calming chaotic financial markets.
China slams U.S. arms sale to Taiwanpublished about 2 hours ago
BEIJING (Reuters) - A $6.5 billion U.S. arms sale to Taiwan has ruined years of work building trust with China, China said on Tuesday as the Pentagon voiced disappointment that Beijing had reacted by postponing military exchanges.
Iran denies report U.S. plane forced to landpublished about 2 hours ago
TEHRAN (Reuters) - A senior Iranian official denied on Tuesday a local news agency report that a U.S. military plane had violated the country's airspace and was forced to land, saying both the aircraft and the people on board were Hungarian.
AIG had early warnings on risk: lawmakerpublished about 2 hours ago
WASHINGTON (Reuters) - U.S. regulators sent a letter to American International Group Inc warning of its lack of transparency and ability to oversee its financial products in March, a top Democratic lawmaker said on Tuesday.
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Popular US News» Home-Heating Costs Expected to Rise» Fed creates commercial paper-buying facility» China slams U.S. arms sale to Taiwan» Iran denies report U.S. plane forced to land» AIG had early warnings on risk: lawmaker» Iran says U.S. plane violated Iran's airspace» Two Japanese, American Win Physics Nobel» Fed Move Lifts Stocks» UK banks in government funding talks as crisis grips» Household winter heat costs to rise 15 percent |