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Jose Pomales has a solid job and has lived in his Boston home for 8 years. He refinanced a couple of years ago and now could be part of what economists predict will be the biggest wave of foreclosures yet.

San Francisco celebrates Barry Bonds Day in the wake of the slugger's Tuesday night home run, which broke the career home-run record set by Hank Aaron in 1974.

The federal minimum wage goes up 70 cents to $5.85 an hour. More than a million workers will make around $1,500 a year more than they would have without the increase. It is the first increase in a decade.

Intense rainfall in England has caused rivers to burst banks and streets to become like rivers. More than a month's worth of rain doused England and Wales in just hours Friday, forcing evacuation and threatening the water supply. More rain is forecast.

International soccer phenomenon David Beckham takes to the field before a sellout crowd in his long awaited debut for the Los Angeles Galaxy last night in Los Angeles.

Parts of Arizona, Texas and South Florida are forecast to see dangerous temperatures again after a weekend of extreme heat. Forecasters warn against spending time outdoors.

Veterans say recommendations from the presidential commission on veteran's care are long overdue. They're well aware of the agonizing experiences many soldiers have had after returning from combat. But some places already have a solid track record for helping veterans in need.

Bulgaria celebrates the return of five nurses who, along with a Palestinian doctor, were sentenced to death in Libya, convicted of infecting hundreds of Libyan children with HIV. After the nurses and doctor, who is now a Bulgarian citizen, returned to the country, Bulgaria's president pardoned them all.

President Bush in a speech in Charleston, S.C., defended the Iraq war, saying that it's linked to the broader battle against al-Qaida. The President cited newly declassified intelligence in his response to criticism of the war.

The National Football League evicts Michael Vick, the Atlanta Falcons' star quarterback, from training camp. He appears in court this week for allegedly masterminding a dog-fighting operation. Vick's team was going to suspend him for four games, but the NFL urged it to wait until it completes an investigation.