Iraq: Prime Minister Nuri al-Maliki has rejected international calls to form a unity government that includes the Sunni minority to defuse the country’s civil war. Maliki is a Shiite who has squeezed Sunnis out of power in both the military …

Iraq: President Obama is considering direct military action against Islamic militants threatening the control of the Iraqi government. Fighters for the Islamic State of Iraq and Syria (ISIS) have moved as close as 30 miles from Baghdad. President Obama said, …

 Diving Dow: The Dow Jones is slightly down again this morning after a 353-point drop yesterday. A kneejerk selloff followed the Fed announcement that it will start raising interest rates later this year. That made for a 556-point dive in …