Obama makes key Cabinet picks
Several key appointments, including State and Treasury Department secretaries appear to be nearly-done deals, with Democratic officials confirming President-elect Barack Obama's intended nominees.
Citigroup's options dwindle; shares plunge
Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company.
Deflation poses new economic threat
Strapped consumers are rejoicing at falling prices. But some economists warn of the growing risk of a ruinous downward price spiral called deflation. Here's what's at stake.
Date-rape ‘doctor' they could not convict
Despite all the legal advances of the past three decades, little has changed for women who report a date rape.
Islamists: We'll fight Somali pirates
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.
GM plans more cuts, eyes up to 10 factories
General Motors Corp. will extend its holiday shutdown or make other production cuts at five factories at as it deals with a continued U.S. auto sales slump and fights to stay solvent.
Obama team springs leaks
Barack Obama was famously able to impose discipline and control over his presidential campaign, but it didn't take long for him to discover that running a transition is something quite different.
Mexico: Ex-drug czar took cartel money
Mexico's former drug czar took $450,000 to leak information to a powerful cartel, officials said Friday.
Bush signs bill providing extra jobless benefits
President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach.
Bob Jones Univ. apologizes for racist policies
A fundamentalist Christian University has apologized for racist policies including a one-time ban on interracial dating that wasn't lifted until nine years ago and its unwillingness to admit black students until 1971.
