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.
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.
GM plans more cuts, eyes up to 10 factories
General Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay solvent.
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.
Gov't: AG gets clean bill of health after collapse
A Justice Department spokeswoman says the attorney general has been given a "clean bill of health" by doctors and is expected to check out of the hospital shortly.
Neb. lawmakers OK 'safe haven' age limit
Nebraska lawmakers gave final approval Friday to adding a 30-day age limit to the state's "safe haven" law.
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.
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.
Bush effigy burned at Iraq protest
Followers of a Shiite cleric on Friday stomped on and burned an effigy of President Bush in Baghdad as they protested a proposed U.S.-Iraqi security pact on Friday.
Report predicts U.S. decline, Russia rise
Global warming could be a boon to Russia while the U.S. could further decline in importance during the next two decades, says a U.S. intelligence report with predictions for the world in 2025.
Stocks seesaw after steep sell-off
Wall Street wavered Friday but took a break from the heavier selling of recent days as energy, utility and technology stocks showed some advances and bank stocks declined.
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.
WaMu, BNY Mellon latest banks to shed jobs
The Bank of New York Mellon Corp. and Washington Mutual on Friday became the latest in a string of banks to announce layoffs.
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.
Madonna, Ritchie granted divorce
Madonna and husband Guy Ritchie ended nearly eight years of marriage in just a few minutes on Friday when a British court granted them a preliminary divorce decree.
Leftist Sandinistas win Nicaragua vote
Nicaragua's ruling Sandinista party won the large majority of municipal races, including the capital Managua, in local elections that have sparked violent clashes and allegations of fraud.
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.
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.
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.
Puppy Cam wranglers: 'No, you can't have one'
Four million Puppy Cam fans worldwide gained inner peace watching the real-time exploits of six adorable pups. But who do these dogs belong to? And ... can I have one?
Myanmar sends comedian, monk to prison
Courts in military-ruled Myanmar on Friday handed long prison sentences to a prominent monk and a popular comedian active in the country's pro-democracy movement.
‘Twilight’ in the eye of the beholder
Fans of the novel will swoon over the faithfulness of the screen adaptation; others will chuckle at the adolescent over-earnestness of it all.
Top 5 best sleeper games of 2008
These are the best Cinderella games of 2008. If it's the new and innovative you seek, don't overlook these hidden gems.
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.
Afghanistan markets pomegranates
Afghanistan is telling the world that it has a trendy, new replacement for its dreaded poppy crop: sweet, juicy pomegranates.
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.
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