FOX Week In Review, Nov. 14, 2008

" This is the fact weaken her view I'm Courtney trail with some of the biggest stories covered by Fox News and foxnews.com. During the week of November ninth 2000 unaids. The government has made some changes in the financial rescue plan Treasury Secretary Henry Paulson says the 700 billion dollar program will not be used to buy troubled assets as originally planned but he says 250. Billion dollars will be used to buy stock in banks in order to help them resume more normal lending."

" Consultation with the Federal Reserve. I determined that the most timely effective steps to improve credit market conditions. Was to strengthen bank balance sheets quickly through direct purchases of equity in banks and."

" Paulson also announce a new way to shore up financial markets which supply consumer credit such as credit cards auto loans and student loans. Now the FDIC wants to use 24 billion dollars in government funding to help one and a half million American households avoid foreclosure. The plan was -- on the FDIC's website two days after the Treasury Secretary. Rejected using any of the 700 billion dollars in rescue funds for such a purpose. Federal banking regulators also issued new guidelines for banks to work with mortgage borrowers to avoid deep -- and to encourage them to continue lending his credit worthy customers. And the government may allow more borrowers to qualify for 300 billion dollar mortgage program that would let troubled homeowners swap of risky loans from more affordable ones. The auto industry also is looking for help but Treasury Secretary Paulson says the 700 billion dollar rescue plan. Wasn't designed to help automakers. House Speaker Nancy Pelosi wants congress to approve a rescue program for the auto industry. But the White House says it's not responsible for the industry's problems. And Paulson cautioned that any solution must lead to long term viability for the auto companies. Unemployment. Claims so war in its latest report the Labor Department says first time claims during the week of November 2. Reached a seven year high totally 500 in 16000. Unemployment claims over 400000. Are considered a sign of recession. The number of unemployed reached a fourteen year high of six point 5% in October. With more than ten million people out of work. Slumping economy is hurting the post office the Postal Service reports a sharp drop in -- is left. It two point eight billion dollars in the red. The postmaster general says sharp cuts are being made in employee hours and overtime. But there are no plans for layoffs the cost of mailing packages will -- in January and the cost of sending a letter is scheduled to rise in May. But the nation's trade deficit improved overall it felt to the lowest level in almost a year. Due in large part to a big drop in the average price for importing crude oil and a sharp decline of foreign made cars and auto parts. The Commerce Department reports of trade deficit fell like four point 4% in September 8 to 56 and a half billion dollars. But the deficit with China hit an all time high. Some Saber rattling this week fire grind that Taylor on regime says its test fired a new generation of surface to surface missiles. Iran's defence minister says the missile is only intended for defensive purposes. He said it had a range of about 1200 miles which makes it capable to reaching Israel and US bases in the Persian gulf. Phoenix Mars mission has ended scientists blame winter and dust storms blocking the sun. They say the weather drained its batteries snow and polar ice will eventually copper Phoenix. The researchers say they'll try reactivating the craft in the spring but they admit it's probably not going to work. Tragedy and fla fifteen year old girl is found shot in a Fort Lauderdale high school she died a short time later at the hospital another fifteen year old was taken into custody at a local restaurant and a gun was recovered she's charged with first degree murder prosecutors say she may be tried as an adult. Same sex couples started tying the knot in Connecticut legally. Couples who brought legal action for the right to marry works. Some of the first to get marriage licenses. On Wednesday a judge entered an order permitting same sex marriage based on -- State Supreme Court ruling in October. And wind whipped wildfire destroyed at least 100 homes and college dormitory in California. Thousands of homes were evacuated in these celebrity on Cleveland want to see -- allocated just southeast of Santa Barbara. More than a dozen people have been injured the fire broke out Thursday evening and quickly spread to 2500 acres. Fanned by winds called sundown -- which gusted up to seventy miles an hour. And that fox is weakened reviews some of the many stories covered by Fox News during the week of November ninth 2008. Thanks so much for quicken and I'm forty -- have a great week."