Police say the combination of smoke from a brush fire and fog created a deadly environment with near-zero visibility early Saturday morning that caused a huge pileup that left at least 10 dead and 21 hospitalized on Florida's Interstate 75 near Gainesville.
Originally published on Mon January 30, 2012 6:45 am
In December, personal income climbed 0.5 percent, while disposable income rose 0.4 percent. New figures released today from the Commerce Department also show that consumer spending was flat, increasing 0.1 percent from the month before.
While the AP reports that rise in income was the most in nine months, the news is a mixed bag.
Fighting between government forces and army defectors has intensified in the outskirts of Damascus. The Syrian government sent a major deployment of troops to several suburbs and the defectors, who call themselves the Free Syrian Army, retreated.
After a short respite, the Occupy movement had a resurgence this weekend. There was a mass protest in Oakland that extended through Saturday and Sunday and ended with the arrest of more than 400. In New York City, Occupy Wall Street protesters took to the streets last night in solidarity. Twelve were arrested
Carol Sikler has spent years repaying a debt. Her husband needed blood during treatment before he died in 2003. Since then, she has donated more than 140 units. Now she gets a reward. The Indiana Blood Center gave her tickets to the Super Bowl in Indianapolis.
Director Martin Scorsese got 11 Oscar nods for his film Hugo. He's requesting in the Los Angeles Times for a write-in campaign for an actor who's been snubbed. Blackie, the vicious doberman wasn't nominated for a Golden Collar — awarded by Dog News Daily.
Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.
In December, Freddie Mac CEO Charles Haldeman (left), FHFA Acting Director Edward DeMarco (center) and Fannie Mae CEO Michael Williams testified about the FHFA's performance to the House Financial Services subcommittee.
In the summer of 2010, long lines of hopeful homeowners waited for help from the Neighborhood Assistance Corporation of America's "Save the Dream" tour. The tour made stops around the U.S., offering assistance from hundreds of mortgage counselors from various mortgage companies.
"I'm sending this Congress a plan that gives every responsible homeowner the chance to save about $3,000 a year on their mortgage, by refinancing at historically low rates," Obama said during his State of the Union speech last week. "No more red tape. No more runaround from the banks."
Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.
But Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.
Facebook will file the paperwork on Wednesday for what's widely expected to be one of the biggest initial public stock offering debuts, according to The Wall Street Journal and the Financial Times. Facebook could raise as much as $10 billion. A Facebook IPO was rumored for much of last year, but the company's been tight-lipped.