Gun trafficking probe criticism at House hearing
House Republicans and Inspector General Horowitz blamed the Justice Department for bungled Fast and Furious gun tracing in Arizona. Horowitz cited misguided strategy and management failures that risk public safety. A separate Chick-fil-A policy debate claim sparked comments from Chicago Alderman Moreno.
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Washington, D.C
House
Justice Department’ Inspector General
Arizona
Chaiman
Darrell Issa
California
Michael Horowitz
Horowitz
Justice Department
Atlanta
Chick-Fil-A
Chicago
Joe Moreno
U.S. household wealth dips in Q2 as stocks fall
Americans lost about 0.5 percent of wealth in the April-June quarter due to stock declines offset by home values. Since June a stock rebound has partially reversed the drop, bringing wealth closer to pre recession levels. Mortgage rates hit record lows as Fed bond purchases aim to spur housing, with 30 year at 3.49 percent.
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Washington, D.C
U.S
Federal Reserve
Fed
Freddie Mac
Bill Hampel
Credit Union National Association
Hampel
Census signals signs of economy bottoming out
Census data and accompanying figures suggest the U.S. economy may be stabilizing after the housing bust. Unemployment eased to 8.9 percent in 2011, but joblessness remains high at 8.1 percent. housing, births, and poverty show mixed progress as Americans resume movement, education, and work.
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Washington, D.C
Conference Board
U.S
Andrew Cherlin
Johns Hopkins University
International protest frames U S Obama Iran and Arab world image
Pakistani protesters hold a banner showing Barack Obama and Terry Jones during a rally in Peshawar. Images of angry Arab mobs, burning flags, and attacked diplomatic posts reflect renewed U S Muslim world tensions since Obama’s Cairo pledge.
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Barack Obama
Terry Jones
Peshawar
Pakistan
Washington, D.C
USS
United States
George W. Bush
Baghdad
Cairo
America
Afghanistan
UK soldier gives birth in combat zone
A Royal Artillery gunner in Afghanistan delivered a baby boy, the first child born to a member of Britain's armed forces in combat. The mother, who did not know she was pregnant, went into labor and was treated at Camp Bastion in Helmand Province. Both mother and baby are stable in hospital.
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London
Afghanistan
Royal Artillery
Britain
Defense Ministry
Camp Bastion
Helmand
Prince Harry
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