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U.S. senator wants more action on Canada lumber spat
WASHINGTON (Reuters) - U.S. Trade Representative Susan Schwab got a grilling on Thursday from a senior lawmaker who complained that Canada was continuing to flout terms of a deal to limit imports of softwood lumber.
feeds.reuters.com

Bush Defends Iraq War in Speech
“Removing Saddam Hussein from power was the right decision,” President Bush said at the Department of Defense.
nytimes.com

Senate sets urgent push for housing compromise
WASHINGTON (Reuters) - Democrats and Republicans in the Senate agreed on Tuesday to draft a housing rescue bill that could deliver billions of dollars to homeowners facing foreclosure and help steer the economy away from a deep recession.
feeds.reuters.com

Beige Book Suggests More Weakness
The economy weakened in March as consumers curbed spending and businesses endured higher costs, according to the Fed's latest beige book report. (Full report)
online.wsj.com

Economy Shed Jobs in April
Nonfarm payrolls declined 20,000 in April, a fourth straight drop, but at a much slower pace than previous months, suggesting the economy may be starting to find its footing. The unemployment rate fell to 5%. Video
online.wsj.com