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.
Phone workers peek at Obama's cell records
Verizon employees snuck a peek at President-elect Barack Obama's old cell phone records and will be reprimanded accordingly, the company said late Thursday.
China IDs 19,000 of quake dead
A little over a quarter of the 70,000 people who died in a massive earthquake that struck Sichuan in May have been identified, a Chinese official said Friday.
Shipper: Militaries must confront pirates
The world's militaries must work together to battle pirates off the Somali coast or ships will have to be diverted, one of the world's largest oil tanker companies said Friday.
Afghanistan markets pomegranates
Afghanistan is telling the world that it has a trendy, new replacement for its dreaded poppy crop: sweet, juicy pomegranates.
Citigroup eyeing options, including a merger
Citigroup Inc shares tumbled again Friday, as Chief Executive Vikram Pandit tried to downplay speculation the banking giant might sell major businesses to restore its health.
Military sets date for first execution since 1961
A former Army cook convicted of multiple rapes and murders is set to die next month in what would be the U.S. military's first execution in nearly 50 years.
NBC: Obama to nominate Clinton for State
Transition and Democratic officials say the junior senator from New York will be nominated for secretary of state sometime after Thanksgiving, barring unforeseen issues.
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.
Sexism award goes to 'ugly ducklings' mayor
An Australian outback mayor's plea for lovelorn female "ugly ducklings" to move to a remote mining town to reverse a shortage of eligible women has won him the country's yearly award for outrageous sexism.
