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Board to review lewd video case of Navy captain

Posted: 08/09/2011 - The former skipper of a nuclear-powered aircraft carrier who lost his command for producing raunchy videos aboard the USS Enterprise has started making his case for why he should remain in the Navy.

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Dem: US credit down because of military spending

Updated: 08/08/2011 - The senior Democrat on the House Financial Services Committee says the biggest reason the United States is seeing its credit downgraded is that it spends too much money being "the military policemen of the world."

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Global stocks sink on US downgrade

Posted: 08/08/2011 - It's shaping up as another dismal day on Wall Street. Stock futures have been falling, along with global stock markets, jolted by the downgrade of the U.S. government's credit rating.

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Jury deliberations resume in Katrina trial

Posted: 08/05/2011 - A federal jury has entered its third day of deliberations in the trial of five current or former police officers charged in deadly shootings on a New Orleans bridge after Hurricane Katrina.

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Gunfire said to kill 7 as aid is looted in Somalia

Posted: 08/05/2011 - Somali refugees at the largest refugee camp in Mogadishu say seven people were shot dead when government soldiers opened fire after a looting rampage broke out during a food distribution.

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Americans cut spending for first time in 20 months

Posted: 08/02/2011 - Americans cut back on their spending in June for the first time in nearly two years and their incomes grew by the smallest amount in nine months, a troubling sign for an economy that is barely growing.

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Giffords returns to Houston

Updated: 08/02/2011 - A friend of Gabrielle Giffords says the wounded congresswoman returned to Houston right after her dramatic appearance Monday on the House floor.

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Geithner uncertain if US credit rating jeopardized

Posted: 08/02/2011 - Treasury Secretary Timothy Geithner (GUYT'-nur) says he doesn't know if the bruising debt-limit battle will harm America's Triple-A credit rating, but says he fears "world confidence was damaged by this spectacle."

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