With assets less toxic, banks have other troubles

The bundles of bad home mortgages that panicked the Bush and Obama administrations have turned out to be not so toxic for the financial industry after all. 1247169629

Michael Jackson resolution isn't needed, Pelosi says

Amid the great debates of the day over health care, global warming and economic recovery, House Speaker Nancy Pelosi said Thursday that there will be no pause in the action to honor Michael Jackson. 1247169335
Dodd warns banks on credit card rate increases

Sen. Christopher Dodd, chairman of the Banking Committee, on Thursday warned credit card companies against jacking up interest rates before legislation takes effect that would limit their ability to do so. 1247169334
Michael Jackson resolution isn't needed, Pelosi says

Amid the great debates of the day over health care, global warming and economic recovery, House Speaker Nancy Pelosi said Thursday that there will be no pause in the action to honor Michael Jackson. 1247169335
HUD releases $1.2B in stimulus funds for homeless

The Department of Housing and Urban Development is using $1.2 billion in stimulus money to fight homelessness in hundreds of locations across the country. 1247168448
Health care groups ante up to stay in the game

First came the drug companies, offering to give up $80 billion. Then hospital chiefs stood at the White House and promised to do their part for President Barack Obama's health overhaul by taking a $155-billion hit. It's not altruism. 1247168140
Analysis: Obama's global reach only goes so far

Barack Obama is finding that even the reach of a globally popular president goes only so far, leaving him to snatch partial victories as he can. For all his effort, his strategy also banks heavily on the commodity that helped get him elected: hope. 1247167892
NYC school nurse recounts swine flu triage

The line of sick students outside school nurse Mary Pappas' door was too long. So she thrust thermometers and a pad of Post-It notes at a security guard: Take their temperatures and slap the numbers on their chests. 1247165755
US worried that freed Iranians could pose threat

The State Department is worried that release of five Iranian officials suspected of aiding Shiite insurgents in Iraq could present a security threat to American troops there. 1247162382
26 AIDS activists arrested at U.S. Capitol

U.S. Capitol Police arrested 26 AIDS activists on charges of illegally demonstrating inside the Capitol rotunda Thursday morning after the protesters temporarily shut down the popular tourist destination. 1247161751