Reuters - The House of Representatives passed
a massive housing rescue bill on Wednesday while the White
House dropped a threat to veto it, paving the way for measures
aimed at shoring up the worst U.S. housing market since the
Great Depression.
Reuters - The United States faced increasing
inflationary pressures in recent weeks amid slowing economic
growth, the Federal Reserve said on Wednesday, as it described
conditions in some areas as "grim," "morose" or "bleak."
Reuters - Stocks rose on Wednesday as financial
shares climbed on optimism about a rescue plan for mortgage
finance companies Fannie Mae and Freddie Mac and as the price
of oil fell.
AP - With the cost of everything from air conditioning to whipped cream rising, many restaurants have been raising prices. LongHorn Steakhouse is passing on part of the tab to its servers.
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Microsoft Opens Xbox 360 To Outside Game Creators
(NewsFactor)
NewsFactor - Microsoft is opening the Xbox 360 to third-party software creators in a bold attempt to dramatically expand the number of games available on its platform. The goal is to give gaming aficionados far more choices than rivals Sony and Nintendo are offering.
DNS Security Flaw Leaked Before Patches Applied
(NewsFactor)
NewsFactor - A major flaw in the Internet infrastructure was leaked to the public Monday before many IT directors had the chance to apply security patches. The flaw was discovered weeks ago by Dan Kaminsky, a security expert at IOActive, who has worked with industry leading software developers investigating Internet vulnerabilities.
Forty Percent of U.S. Gamers Are Women
(PC Magazine)
PC Magazine - The Entertainment Software Association (ESA) has completed its annual demographic study and the results are sure to cause a tizzy for a small segment of uninformed observers.