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In announcing his plans to resign from the House of Representatives, Tom DeLay said that a prime reason was that his re-election bid in Texas was looking less and less like a sure thing. Despite a Republican advantage among registered voters in Texas's 22nd District, DeLay said his race against Democrat Nick Lampson had become "a referendum on me" and that he was eager to keep the seat in GOP hands.
With both short- and long-term interest rates inching closer to 5 percent—a level they haven't hit in about four years—investors are getting antsy. They want to know how many more times will the Federal Reserve Board hike rates.
AP - Senate Republicans unveiled revised immigration legislation Wednesday night clearing the way for legal status and eventual citizenship for many of the estimated 11 million men, women and children living in the United States unlawfully.
AP - The cockpit recording from the hijacked jetliner that passengers tried to retake on Sept. 11 will be played in public for the first time — at the sentencing trial of al-Qaida conspirator Zacarias Moussaoui — the judge ruled Wednesday.
AP - Gunmen shouting "God is Great!" dragged the burning body of what they said was a U.S. pilot in a horrific video posted Wednesday on the Web by a new al-Qaida-affiliated group that claimed it shot down an Apache helicopter last weekend.