Obama would need a fresh approach to deal with N. Korea nuke testWASHINGTON - US President Barack Obama’s goal of eliminating nuclear weapons has received a setback of sorts with North Korea’s second nuclear test on Monday, and experts feel that he would now have to come up with a fresh approach to deal with the security threat posed by the isolated Pyongyang regime. Obama to continue push to protect consumers from credit card practicesRIO RANCHO, N.M. — President Barack Obama says changing the way credit card companies bill customers is critical to fixing the nation’s ailing economy. House passes bill that seeks to improve Pentagon weapons buying practicesWASHINGTON — The House on Wednesday took on the perennial Pentagon tendency to buy weapons systems that end up costing far more than originally anticipated and needing far more time than expected to reach the troops. Crude prices fall despite drop in US supplies, gasoline prices continue to riseNEW YORK — A slump in the stock market helped drag energy prices lower Wednesday despite data showing U.S. crude supplies shrank for the first time in 10 weeks. Crude and gasoline prices rise after government reported drop in US suppliesNEW YORK — Energy prices rose Wednesday after the government reported a sharp drop in U.S. crude stores and a sharp pullback in fuel production. Crude and gasoline prices rise ahead of government report on storage levelsNEW YORK — Energy prices wavered after OPEC reported that member states had increased oil production for the first time since July despite a huge glut in supply. House Dems announce deal that downsizes renewable energy, pollution requirementsWASHINGTON — House Democratic leaders are scaling back plans to curb global warming and make the transition to cleaner energy in the hopes that they can get a bill passed this year. AAA: Cheaper gas and a case of cabin fever will mean more travel this Memorial Day weekendNEW YORK — After a plunge in gas prices, Americans are expected to hit the highways in larger numbers this Memorial Day, giving the traditional start of the driving season a boost for the first time since 2005, AAA said Tuesday. Gasoline prices start to rise as Memorial Day holiday approachesCOLUMBUS, Ohio — Retail gasoline prices rose again overnight and are now up nearly 40 percent from the start of the year, while the price for crude on Tuesday topped $60 a barrel for the first time since early November. AAA survey says slightly more people are expected to travel during Memorial Day weekendNEW YORK — An estimated 32.4 million Americans are expected to travel this Memorial Day weekend, most of them taking advantage of a plunge in gas prices compared with last year, AAA said Tuesday. Visitors to southwestern Michigan’s Harbor Country savor relaxing, leisurely wanderingNEW BUFFALO, Mich. — The hectic pace of modern life slows to a leisurely crawl in southwestern Michigan’s Harbor Country, where travelers can relax and unwind for a few hours — or while away an entire summer. Energy prices fall as investors second-guess oil’s 10 percent price surge last weekCOLUMBUS, Ohio — Energy prices eased Monday as investors appeared to second-guess a 10 percent surge in the value of crude last week on the New York Mercantile Exchange. Battle to ban bikers in South Carolina beach town comes during tough economic timesMYRTLE BEACH, S.C. — In the midst of a recession and with loads of empty hotel rooms, South Carolina’s vacation hot spot is hanging a “No Vacancy” sign for hundreds of thousands of motorcycle riders who have come here each May. Senate passes bill to tighten Pentagon weapons buying practicesWASHINGTON — The Senate has acted to tighten Pentagon purchasing practices that have contributed to billions of dollars in cost overruns and long delays in getting weapons to people at war. House Dems agree on cash for clunkers, differences remain on other energy, climate provisionsWASHINGTON — Key lawmakers agreed Tuesday on a strategy for replacing gas-guzzling cars with more fuel-efficient models, but much tougher negotiations lie ahead on a bill that would, for the first time, limit emissions linked to global warming. Energy prices fall across the board before the government releases storage level dataSIOUX FALLS, S.D. — Oil prices retreated from five-month highs Tuesday, a day before the government is expected to report that crude storage levels have reached a new 19-year high. Oil prices climb above $53 as manufacturing sector seems to be healingNEW YORK — Oil prices rose sharply Friday as a trade group reported that deterioration in the American manufacturing sector appeared to be slowing. Dutch policeman becomes 6th victim to die from attempt on royal familyAMSTERDAM — Dutch authorities say a military policeman has died of injuries he received when a driver smashed his car through police barricades in an attempted attack on the royal family. Man who tried to attack Dutch royals dies in hospital, leaving mystery of his motiveAMSTERDAM — The man who drove his car into a crowd of parade spectators and killed six people died of his injuries Friday, leaving unresolved the mystery of why he tried to attack the Dutch royal family. Legislation reining in credit card practices faces test in Senate after House passageWASHINGTON — Propelled through the House by antibusiness sentiment in tough economic times, legislation putting new reins on the credit card industry now goes to the Senate, where the bill’s prospects appear promising. Prosecutors say man who attacked Dutch royals has died in hospitalAMSTERDAM — The man who drove his car into a crowd of parade spectators and killed five in an attempted attack on the Dutch royal family died early Friday of his injuries, prosecutors said. Officials cite progress in drafting Afghan benchmarks, push for Pakistan funding, supportWASHINGTON — Under pressure from Congress to develop ways to measure progress in Afghanistan, two top aides to President Barack Obama said the administration was readying benchmarks to gauge security, governance and economic development there. Obama sets Memorial Day deadline for bill to overhaul weapons procurement process, save moneyWASHINGTON — President Barack Obama says he wants Congress to send him a bill by Memorial Day to save billions of dollars by overhauling the process for buying military weapons systems. House clears bill reining in credit card practices to protect consumersWASHINGTON — Riding a crest of populist anger, the House on Thursday approved a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers. The legislation, dubbed the Credit Card Holders’ Bill of Rights, passed by a bipartisan vote of 357-70 following lobbying by President Barack Obama and members of his administration. John McCain tapes segments for AMC’s Memorial Day weekend marathon of war heroes filmsNEW YORK — John McCain will be the host of AMC cable network’s Memorial Day weekend marathon of movies celebrating war heroes. Gates presses Congress to pass war funding, says money for Pakistan will run out in MayWASHINGTON — Defense Secretary Robert Gates is urging Congress to pass an $83.4 billion spending bill for the wars in Iraq and Afghanistan by Memorial Day, saying the Pentagon will deplete its funding for Pakistan next month and money for U.S. operations will start running out in July. Oil moves above $50 but 1 year later retail gasoline prices appear tamedNEW YORK — Oil prices rose Wednesday even though the government reported that the United States is consuming less than it has in years and inventories are bloated with the most surplus crude in nearly 19 years. Israel marks Independence Day; leaders note absence of peace, persistent threatsJERUSALEM — In a jarring contrast, Israel switched moods Tuesday evening from a somber Memorial Day for fallen soldiers to a joyous Independence Day celebrating 61 years since the Jewish state was created, but the absence of Mideast peace weighed on the festivities. Israel remembers its 22,000 fallen soldiers, terror victims as it marks annual Memorial DayJERUSALEM — Israelis put aside their many divisions Tuesday to remember more than 22,000 fallen soldiers and terror victims, mournfully aware that the strife that led to those deaths is far from over. Israel marks annual Memorial Day for fallen soldiers; leaders warn of threats to nationJERUSALEM — Israel paused as air raid sirens wailed Monday evening, marking the beginning of the nation’s annual Memorial Day for fallen soldiers, and leaders warned that the Jewish state still faces threats to its existence. |