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Yahoo! News: Top Stories
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Top Stories
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House OKs rescue for homeowners, Freddie, Fannie
(AP)
 AP - Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and preventing the collapse of troubled mortgage companies Fannie Mae and Freddie Mac.
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Hurricane Dolly slams South Texas, but levees hold
(AP)
 AP - Hurricane Dolly barreled into South Texas on Wednesday, lashing the coast with winds up to 100 mph and dumping heavy rain that threatened to flood low-lying areas but spared levees along the heavily populated Rio Grande Valley.
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McCain denies he misstated timing of Iraq surge
(AP)
 AP - Republican John McCain pushed back on Wednesday against Democratic criticism that he misstated when the troop buildup ordered by President Bush began, saying elements were put in place before Bush announced the strategy in early 2007.
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Minimum wage increase is little help as costs soar
(AP)
 AP - About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.
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Pentagon to recommend more troops for Afghanistan
(AP)
 AP - Top Pentagon leaders are expected to recommend soon that Defense Secretary Robert Gates order hundreds of additional U.S. troops to Afghanistan over the next month or so, according to a senior military official.
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