A Saudi man was arrested at Detroit Metropolitan Airport after federal agents said he lied about why he was traveling with a pressure cooker, but his nephew said Monday that it was all a misunderstanding about a device he simply wanted for cooking.
US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the fall and winter, when sales traditionally slow.
Romney negotiated a $10 million federal bailout for his company, but has called for foreclosures to be allowed to “hit bottom” and letting Detroit go bankrupt.
Rick Perry says he “stepped in it” when he couldn’t remember the third federal department he would abolish if elected, but insisted the debate blunder wouldn’t force him out of the Republican presidential field.