Below please find daily updates pertaining to the latest in financial, business, and tax news:
CNN.com - LawCourt upholds limits on Navy sonar training
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Slain wife accuses husband from the grave
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Prosecutors drop parent-killing case
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Priest accused of lying in mob investigation
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Inmate shot dead after brazen escape
Shots were fired Wednesday morning at Maryland's Laurel Regional Hospital, not far from the nation's capital, law enforcement sources told CNN.
Juror: Judge and jury pressured me to convict
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Man convicted for Internet hoax death
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Zoloft killer's 30-year sentence appealed
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Girl who shielded mom is a hero at school
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Holloway disappearance hits cold case file
None of the three suspects in the disappearance of Alabama teenager Natalee Holloway will be charged, the Aruban public prosecutor's office said today. Hans Mos, the island nation's chief public prosecutor, said there was not enough evidence to take the case to trial.
CNN.com
Hurricane Dolly was downgraded to a Category 1 hurricane today after it made landfall on South Padre Island, Texas, the National Hurricane Center said. But Dolly's sustained winds were still about 95 miles an hour. The storm is expected to produce from 8 to 12 inches of rain, with up to 20 inches in isolated spots, and widespread flooding is likely.
DNA gives clues to family's African past
The Rand family knew the slave-owner was one of their ancestors -- a farmer who had children with both a white and a black woman. But their black history stopped at the Atlantic, with no idea where in Africa the rest of their roots lay. Slavery and the shame of mixed-race ancestry have robbed many Americans of knowing their heritage, but science is now offering answers.
Child molester stays out of prison
Jurors convicted the art teacher of forcing a boy to have sex with him repeatedly in a classroom supply closet. A judge sentenced him to 43 years. But Aaron Mohanlal has yet to spend a day or night in prison. "I try not to think about it, but it's hard because all I can think about is what if he's out there around other kids," the victim told CNN for an exclusive report.
Bush will back mortgage rescue
The House was poised Wednesday to pass sweeping legislation that will offer up to $300 billion in assistance to troubled homeowners and throw government support behind mortgage finance giants Fannie Mae and Freddie Mac.
Obama stands by plan to talk with Iran
Presumptive Democratic presidential nominee Barack Obama pledged Wednesday to maintain a close relationship between the United States and Israel.
Middle class struggling, experts say
America's middle class is increasingly squeezed by sagging incomes and soaring expenses, experts told Congress on Wednesday.
Senators squabble while drivers pay
A partisan squabble in the Senate Wednesday threatened to sink a bill meant to crack down on oil speculators.
Massive oil spill closes part of Mississippi
The U.S. Coast Guard has closed 29 miles of the Mississippi River from New Orleans southward after a tanker and a barge collided, spilling more than 400,000 gallons of fuel oil into the river.
OMG! What will 'Gossip Girl' do next?
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