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States, banks reach $25 billion foreclosure-abuse settlement

Federal and state officials announced at a news conference that 49 states had joined the settlement. Oklahoma announced a separate deal with the five banks.

Giffords aide to run for seat in special election
A top aide to former U.S. Rep. Gabrielle Giffords who suffered shots to his leg and face in the Tucson rampage that also left the congresswoman severely wounded announced Thursday that he will seek to replace her in a special election.
Marines posed with Nazi SS symbol in Afghanistan
The Marine Corps confirmed Thursday that one of its scout sniper teams in Afghanistan posed for a photograph in front of a flag with a logo resembling that of the notorious Nazi SS.
House passes insider trading bill
The House passed a bill banning Congress and executive branch officials from insider trading, but brushed aside a provision aimed at reining in those who pry financial information from Congress and sell it to investment firms.
Iraq has executed 65 people so far this year
The HRW report said Iraq authorises the death penalty for nearly 50 crimes, from terrorism to damage to public property. Photograph: Thaier ...
[in The Guardian]
Iraq criticized for executing 65 so far in 2012
Iraqi authorities executed at least 65 people in the first 40 days of 2012 for various offences, including 14 on a single day, Human Rights Watch said Thursday. Joe Stork, deputy Middle East ...
[in CTV]
Iraq's Sadr calls for unity at mass rally
Two days after ministers from the main Sunni-backed political bloc eased a crisis with Shi'ite Prime Minister Nuri al-Maliki by returning to work, Sadr struck a markedly moderate note, calling ...
[in The Star]
Gingrich hopes high road, new funds can save him
Newt Gingrich, suddenly in danger of losing his perch as Mitt Romney's strongest GOP challenger, is fine-tuning his presidential campaign to place more emphasis on raising money, guarding his home turf and trying to avoid nasty quarrels with the front-runner.
Jobs gap between young and old is widest ever
Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.
States, banks reach $25 billion foreclosure-abuse settlement
Federal officials say the five largest mortgage lenders have reached a $25 billion settlement with 49 states over foreclosure abuses that took place after the housing bubble burst. They will have three years to fulfill the terms of the landmark deal announced Thursday.
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