In the news this week

NY POST August 9, 2006 -- Cablevision became the latest company embroiled in Wall Street's stock options scandal when the Long Island cable operator said yesterday that its financial results over the last nine years were not accurate.

ANCHORAGE, Alaska (AP) -- BP's problem of corroding pipes is worsening as the nation's largest oil field ages and more water and less oil is produced during drilling. "Really, we are a giant water field," said Bill Hedges, BP PLC's corrosion expert, explaining that what comes up now during drilling is three-quarters water.

WASHINGTON (AP) -- The Federal Reserve, after engineering the longest unbroken string of interest rate hikes in recent history, has finally hit the pause button. The big question now is whether the reprieve for millions of borrowers will be temporary or a permanent halt in the central bank's campaign to slow the economy as a way of keeping inflation from getting out of hand.

(CNSNews.com) - Almost half of the illegal aliens arriving in the U.S. from terrorist-sponsoring or "special interest" nations in the past few years have been released into the American population following their apprehension. This key finding is published in an internal audit of the Department of Homeland Security (DHS) obtained by Cybercast News Service .

(CNSNews.com) - People sweltering from a heat wave in the Mid-Atlantic region of the U.S. might find cold comfort in the fact that the temperatures of the past few days are not the hottest on record. That "honor" belongs to a summer 76 years ago -- decades before the controversy over "man-made global warming" began.

(CNSNews.com) - A vast majority of Americans say they expect the current sectarian violence in Iraq to become a full-scale civil war, but U.S. military data compiled in Iraq indicates that over a two-month period ending on July 21, most of the violence happened in just four of Iraq's 18 provinces.

FOX NEWS NASHVILLE, Tenn. — Several concerts on the Dixie Chicks' "Accidents & Accusations" tour have been canceled after slow ticket sales, but the group says it has replaced them with other dates.