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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 22, 2007
Page
9
The Federal Reserve kept the federal funds rate at 5.25 percent in a unanimous decision, the sixth straight meeting without a change. Wall Street surged with the Dow Jones jumping 159.42 to 12,447.52 on expectations of potential future cuts and a pause in rate increases.
A House Judiciary subcommittee approved subpoenas for Karl Rove and other White House aides to testify publicly under oath about the firings of eight federal prosecutors. Democrats pressed for accountability while the White House warned of a potential impasse and declined interviews on the record.
Menu Foods chief executive says no contamination signs yet and cannot prove a single ingredient as the cause. FDA investigations target wheat gluten as a leading suspect as 16 animal deaths prompt a massive recall across North America.
International headlines spotlight young victims of war as decoys bystanders or direct targets. Children suffer injuries and fatalities amid ongoing conflict, drawing global concern.
Police said weekend car bombing in a busy Baghdad shopping district used children in the back seat to lower suspicion and park the vehicle. Maj. Gen. Barbero said the attack appeared to be the brutal new tactic by insurgents amid a five week security crackdown.
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