Officials said the plan, which will be unveiled Thursday, will subject hedge funds and traders of exotic financial products to governmental supervision.
The support consists of money, military supplies and planning guidance to Taliban commanders who are gearing up to confront a larger force in Afghanistan.
AP - The Obama administration has unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds.
AP - The number of laid-off Americans filing initial jobless benefit claims rose slightly last week while the number of people continuing to claim benefits set a record for the ninth straight week, the Labor Department said Thursday.
Parts of Bismarck, North Dakota, are underwater today, and more flooding is possible if rivers in the state continue to rise toward historic levels. The Southport section of Bismarck is swamped with a few inches to several feet of water, according to emergency officials. Fargo also is at risk for flooding. The Red River, which runs between Fargo and Moorehead, Minnesota, is predicted to have a historic 41-foot crest by Saturday.
The Bureau of Alcohol, Tobacco, Firearms and Explosives have joined the manhunt for three escaped Indiana convicts at the request of state and local officials.