Newly built homes are offered for sale at the Brookville & Heirloom development by Lennar, in Valencia, Calif. on Friday, July 25, 2008. Sales of new homes fell in June for the seventh time in the past eight months, but the decline was less than had been expected, raising faint hopes that the nation's severe housing recession could be approaching a bottom. (AP Photo/Damian Dovarganes)
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Senate close to passing housing aid

AP - 1 hour, 2 minutes ago

WASHINGTON - Homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn.

U.S. Democratic presidential contender Sen. Barack Obama, D-Ill., left, and French President Nicolas Sarkozy, are seen following their joint press conference after their meeting at the Elysee Palace, in Paris, Friday, July 25, 2008. (AP Photo/Remy de la Mauviniere)

Obama camp cites Pentagon in scrapping troop visit

AP - 1 hour, 18 minutes ago

PARIS - An aide to Sen. Barack Obama said Friday the Democratic presidential contender believed he could visit wounded troops at a military hospital in Germany without involving them in a campaign controversy and scrapped his plans after the Pentagon raised concerns.

An airline mechanic walks past the damaged right wing fuselage of a Qantas Airways Boeing 747-400 passenger plane following an emergency landing at the Ninoy Aquino International Airport Friday July 25, 2008 in Manila, Philippines. The plane, with 350 passengers and 19 crew, was enroute to Australia from London when a loud bang punched a hole in the right wing fuselage, passengers said. (AP Photo/Bullit Marquez)

Australian investigators examine hole in jumbo jet

AP - 1 hour, 31 minutes ago

MANILA, Philippines - Australian investigators on Saturday began examining a Qantas jumbo jet which had to make an emergency landing after a large hole opened on its fuselage, a Philippine aviation official said.

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