Weather with Mark Seeley University of Minnesota Climatologist Mark Seeley discusses Minnesota weather history and looks ahead to the weekend weather.6:55 a.m.
Mortgage rates respond to financial news People who are looking to buy or sell homes right now might be wondering what this week's financial news means for them. For some answers, MPR's Perry Finelli talked with Roger Harrington, head of Roger Harrington's Mortgage Advisory in the Twin Cities.7:20 a.m.
Twins take dramatic win over White Sox The Minnesota Twins took over first place in the American League Central in dramatic fashion last night, beating the Chicago White Sox 7-6 in extra innings.7:25 a.m.
JPMorgan Chase Buys Washington Mutual
The federal government seized Washington Mutual on Thursday in the largest federal bank failure in U.S. history. The assets of the nation's largest savings and loan were sold to JPMorgan Chase for nearly $2 billion. The deal averts taxpayers receiving a bill for the rescue of another failing institution.
Bailout Talks Forced To Go On Another Day
Lawmakers return to Capitol Hill Friday for more negotiations on the Wall Street rescue package. A deal in principle fell through Thursday. David Wessel, economics editor at The Wall Street Journal, says talks broke down over what role the government should play; and what's the best way to structure this huge intervention.
Is Surge Responsible For A Less Violent Iraq?
The last of the U.S. troop reinforcements have left Iraq, and no one doubts they helped to improve security in Baghdad. But while the surge was given much of the credit for the security gains, Iraqis believe there were other important factors at work.
New President May Impact Missile System Priority
High-energy airborne lasers, multiple kill vehicles and advanced interceptors may be part of the future of the U.S. missile defense system. But debate over funding for the development of such technologies may be curtailed in the new administration.
Psychiatrists Protest Pentagon Interrogations
The nation's leading organization of psychiatrists says the Pentagon has reneged on an agreement not to use psychiatrists in interrogations of detainees at Guantanamo and other detention sites.
Candidates' Past Performances Hint At First Debate
The first debate between John McCain and Barack Obama is scheduled for Friday night, but its unclear whether it will happen; McCain wants to delay it while Congress deals with the financial crisis. Whenever it happens, there are plenty of clues about what to expect from the candidates — based on their performances during primary season.
Charity Floods Swing States With Anti-Islam DVD
An obscure charity has distributed an inflammatory anti-Islam DVD to millions of people in swing states. The financing for this project is secret. But critics say it's a backdoor endorsement of Republican presidential hopeful John McCain and an attack on his Democratic opponent, Barack Obama.
Government Sells Washington Mutual Assets
The assets of the nation's largest savings and loan were seized Thursday by the government and sold to JP Morgan Chase for $1.9 billion dollars. The sale spares the government from having to spend more taxpayer dollars on what would have been a costly bailout.
Economist: Bailout Makes Little Economic Sense
One opponent to the $700 billion financial rescue plan is Allan Meltzer, a former Fed economist and a professor at Carnegie Mellon university in Pittsburgh. Meltzer says he's against the proposal because he thinks if Wall Street created the problem, then Wall Street should solve it.
Candymaker Chews Up Gum Manufacturer
The maker of Juicy Fruit and Lifesavers will soon be gobbled up by the company that makes M&Ms and Snickers. On Thursday, shareholders of Wm. Wrigley Jr. Co. approved the sale of their company to Mars Inc. Together, the two companies will become the largest candy seller in the world. Mars is paying $23 billion for Wrigley, which was founded in 1891.