A plan that would give the Federal Reserve broad authority to oversee financial market stability could expose Wall Street to new scrutiny, but it avoids a call for tighter regulation.
AP - If Hillary Rodham Clinton is feeling heat from pundits and party elders to quit the race and back Barack Obama, you'd never know it from her crowds, energy level and upbeat demeanor on the campaign trail.
AP - First microwaves, now cell phones. Is this the new Cuba? Raul Castro is revolutionizing his brother's island in small but significant ways — the latest in a decree Friday allowing ordinary Cubans to have cell phone service, a luxury previously reserved for the select few. The new president could be betting greater access to such modern gadgets will quell demand for deeper change.
AP - Barack Obama got a surprise boost in the last big state of the long Democratic campaign Friday with an endorsement from Pennsylvania Sen. Bob Casey Jr., while another Obama supporter sought to nudge Hillary Rodham Clinton out of the race.
The Iraqi military push into the southern city of Basra is not going as well as American officials had hoped, despite President Bush's high praise for the operation, several U.S. officials said today.
The Dalai Lama Friday rejected a series of allegations from the Chinese government, saying he does not seek the separation of Tibet and has no desire to "sabotage" the Olympic games.
A pair of high-profile backers of Sen. Barack Obama have called on his rival, Sen. Hillary Clinton, to drop out of the race for the Democratic nomination for president.