For the first time in the 29 years that the Mortgage Bankers Association has issued its foreclosure survey, new foreclosures rose above the 1 percent rate to 1.19 percent during the second quarter.

The Defense Department released new bidding guidelines and made a preliminary request for bids last month. It was scheduled to release a final request for proposals Aug. 26, but the announcement was delayed by a request from Boeing for more

The Times said on Thursday Rangel had failed to report more than $75,000 in income on his tax returns. The congressman had allegedly earned the money from a villa at the Punta Cana Yacht Club in the Dominican Republic which

Funding will come from construction-equipment globocorporation Caterpillar, says Behrokh Khoshnevis of USC.

A new ABC survey says 25 percent of voters say they are more likely to vote for Sen. John McCain (R-AZ) because Palin is his running mate, while 19 percent said otherwise. Sen. Joe Biden (D-DE) seems to have more

The HH-65C Dolphin rescue helicopter crashed while it was on search and rescue drills. It was practicing raising and lowering its rescue basket with a 47-foot motor lifeboat when the chopper crashed into the sea.

The Labor Department reported August unemployment rate before the open, at 6.1 percent, unemployment now stands at a five year high. All three major indices opened the session lower on the news and continued to sell off for the better

The plan may also include changes to senior management and a capital injection. The Journal said the plan could be reported as early as this weekend. Talks between Treasury Secretary Henry Paulson, Fed Chairman Ben Bernanke as well as Fannie

Officials say that Francis Hernandez, 23, was illegally driving on a suspended license and is being held on charges of suspicion of felony hit-and-run. He fled the scene but was apprehended a short time later.

The new service covers Nassau County and areas of Suffolk County including commuter rail and parking areas in New York's Long Island.

A statement of confession said to have been given by a police officer who was present when three gemstone dealers and a driver were allegedly murdered in cold blood was tendered in court yesterday. The statement was produced at the

Chama Cha Mapinduzi warned yesterday that stern measures would be taken against any aspirant found to have bribed prospective voters in the coming party wings' elections.

The National Anti-corruption Commission to centralise activity and action plans of all anti-corruption operational structures.

Jackson Senyonga, the Ugandan pastor who faces federal charges in the US for alleged molestation of a child, remains on the preaching circuit there, according to the head of a local fellowship for Ugandan Pentecostals.

Uganda needs a law to protect those who report corrupt tendencies (whistle blowers) from retaliation or intimidation.

The Inspector General of Government, Justice Faith Mwondha, wants the responsibility of fighting corruption left to her directorate and powers of investigation separated from her office and the Directorate of Public Prosecution.

Two West Africans have been arrested for allegedly carrying fake US dollars.

Makindye Division vice-chairman Siraje Lubwama was yesterday released on bail. Mr Lubwama is charged with two counts of causing financial loss and conspiring to steal Shs71m belonging to the division.

Kampala businessman Frank Gashumba faces fraud-related charges over funds raised on behalf of Aisha Nabukeera, the Police said yesterday.

THE Police are holding two security guards after a gang of six thugs broke into a Bank of Uganda building on William Street, Kampala.