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Freddie Mac loses $151M in 1Q, but beats expectations

Mortgage finance company Freddie Mac said Wednesday its first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. Its shares jumped on the news. McLean, Va.-based Freddie Mac ...

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AP - A bloody spike in Israel-Hamas fighting put the Israeli city of Ashkelon and its 110,000 residents at the center of an intensifying militant rocket barrage Thursday — and Israel's defense minister warned he would invade Gaza, if necessary, to halt the attacks. There's only one problem: the vaunted Iron Dome needs 15 seconds to respond, not enough time to intercept many of the militants' projectiles.AP - Kenya's feuding politicians shook hands, smiled for the cameras, and finally agreed to share power.AP - Israel is spending millions on a high-tech system meant to protect its citizens from barrages of Palestinian rockets.AP - Four black university workers expressed pain and anger Thursday over being duped by white students into eating food allegedly tainted with urine for a video..AP - Prince Harry has been serving on the front line in Afghanistan with the British Army, calling in airstrikes on Taliban positions and going out on foot patrols, the Ministry of Defense announced Thursday. But two months after a disputed presidential election unleashed ethnic violence that killed more than 1,000 people, the real test is whether the reluctant

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