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.
Bush to promote action plan to deal with crisis
Struggling to get ahead of a global financial crisis, the president hopes to win more converts at a summit in Peru for a plan aimed at showing governments have the will and means to halt the turmoil.
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.
Stocks waver after steep two-day sell-off
Wall Street moved cautiously higher Friday, with investors taking a breather from the heavy selling of recent days.
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.
Mukasey feeling better, checks out of hospital
The attorney general was given a "clean bill of health" and went back to work Friday after his harrowing collapse at a late-night dinner speech.
Teen commits suicide in front of Webcam
Authorities say a South Florida teen committed suicide in front of a live online Webcam audience after blogging about his plan to kill himself.
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.
Blast kills 8 mourners at Pakistani funeral
A blast killed at least six mourners Friday at the funeral of a Shiite cleric in northwest Pakistan who was gunned down hours earlier, police said.
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.
