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Bernanke: Banks' tight standards hurting economy

Submitted by Fox First at Ten on November 15th

By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Federal Reserve Chairman Ben Bernanke said Thursday that banks' overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes. Some tightening of credit standards was

GOP senator outlines $68 billion in defense cuts

Submitted by Fox First at Ten on November 15th

By DONNA CASSATAAssociated Press WASHINGTON (AP) - Defense spending could be slashed by $68 billion over 10 years if the military stopped spending millions on running grocery stores, operating its own schools and even developing a roll-up version of beef jerky, insists one of the Senate's

Another Military Sex Scandal Just Got Bigger

Submitted by Fox First at Ten on November 15th

HUFFINGTONPOST.COM - A U.S. military shaken by the resignation of CIA Director David Petraeus and the investigation of its top commander in Afghanistan, Gen. John Allen, announced Wednesday that one of the largest sex scandals in its history has widened, enveloping at least eight

Senate health chair wants new drug compound rules

Submitted by Fox First at Ten on November 15th

By MATTHEW PERRONEAP Health Writer WASHINGTON (AP) - The chairman of the Senate's health committee pledged Thursday to move ahead with legislation to tighten oversight of compounding pharmacies, amid a deadly outbreak caused by tainted specialty medications. But a top lobbyist for the

Top Republicans say Romney didn't offer specifics

Submitted by Fox First at Ten on November 15th

By PHILIP ELLIOTTAssociated Press LAS VEGAS (AP) - Top Republicans meeting for the first time since Election Day say the party failed to unseat President Barack Obama because nominee Mitt Romney did not respond to criticism strongly enough or outline a specific agenda with a broad appeal. In

Xi takes helm of China as powers and problems grow

Submitted by Fox First at Ten on November 15th

By CHRISTOPHER BODEENAssociated Press BEIJING (AP) - Xi Jinping succeeded Hu Jintao as China's leader Thursday, assuming the top posts in the Communist Party and the powerful military in a once-a-decade political transition unbowed by scandals, a slower economy and public demands for

Erdrich wins her first National Book Award

Submitted by Fox First at Ten on November 15th

By HILLEL ITALIEAP National Writer NEW YORK (AP) - The National Book Awards honored both longtime writers and new authors, from Louise Erdrich for "The Round House" to Katherine Boo for her debut work, "Beyond the Beautiful Forevers." Erdrich, 58, has been a published and highly regarded author

Survey: New grads can expect modest rise in hiring

Submitted by Fox First at Ten on November 15th

By JUSTIN POPEAP Education Writer Modest good news for college students: An annual survey predicts employers will increase hiring of new 4-year college graduates about 5 percent in the coming year. Demand for graduates with associate's degrees is expected to increase more sharply - by about

Survey: New grads can expect modest rise in hiring

Submitted by Fox First at Ten on November 15th

Governor Elect-Jay Inslee Asks WSU President Elson Floyd To Join Advisory Team

Submitted by Fox First at Ten on November 15th

PULLMAN, Wash. – Washington State University President Elson S. Floyd accepted the invitation of Washington Governor-elect Jay Inslee on Wednesday, to serve as one of three advisory team co-chairs to assist Inslee with his transition into office. Floyd will serve with co-chairs Brad