Economics

The Treasury Department seized control of mortgage and loan giants Fannie Mae and Freddie Mac, firing the companies’ chief executives and promising to provide as much as $200 billion to…

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Radovan Karadzic was arrested in Belgrade and awaits imminent extradition to The Hague, where he will face charges of genocide for his role in the Srebrenica massacres and the siege…

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The U.S. Office of Thrift Supervision seized the IndyMac Bank of California, worth an estimated 32 billion dollars, after the bank’s closure in the wake of mortgage industry collapse,AFPand the…

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Colombian military commandos infiltrated a settlement operated by the guerilla group FARC and freed 15 hostages, among them three U.S. contractors and the Colombian-French politician Ingrid Betancourt. President George W.…

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The Supreme Court overturned the 32-year ban on handguns in Washington, D.C., ruling 5-4 that there is a Second Amendment right to own a gun for personal use. Justice John…

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At 20 points along the Gaza Strip’s southern border, Hamas operatives detonated explosives to topple an Israeli-built fence, allowing as many as 200,000 Palestiniansâ??13 percent of the territory’s populationâ??to cross…

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Charges of a rigged presidential election triggered violence along tribal lines in Kenya, leading to more than 700 deaths and the displacement of 250,000 Kenyans. Opposition leader Raila Odinga, who…

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Jittery global markets brought on by the subprime mortgage crisis led the Federal Reserve to cut its discount rate on loans to banks by half a percentage point.AP via ForbesCiting…

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In the midst of a brief thunderstorm that transfixed the New York City subway system and killed one motorist, a tornado formed over the Atlantic Ocean, grazed the north coast…

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