Treasury urged to cut mortgage rates
Financial industry lobbyists are urging the Treasury Department to take steps to lower mortgage rates in an effort to stabilize the housing market.
California Democrat considered for trade job
Rep. Xavier Becerra, a strong proponent of labor protections in free trade pacts, is in discussions with the Obama transition team about taking the job of U.S. trade representative.
Passengers describe 'cheeky' pirate attack
Passengers on a luxury cruise liner attacked by pirates in the dangerous waters between Yemen and Somalia said Wednesday they were surprised by the assailants' boldness.
Mumbai gunman promised cash
The only gunman captured during the terror attack on Mumbai says he was promised that his impoverished family would get $1,250 if he died fighting for militant Islam, security officials said Wednesday.
Attacks in Iraq at lowest since '03
Attacks fell in November to their lowest monthly level since the Iraq war began in 2003, despite recent high-profile bombings aimed at shaking public confidence, a U.S. commander said Wednesday.
Obama names Richardson to Cabinet
President-elect Barack Obama named Bill Richardson as his choice for commerce secretary on Wednesday, after passing over his vanquished Democratic rival for secretary of state.
Reid: Automaker aid plan lacks votes
Senate Majority Leader Harry Reid says the Democrats' plan to tap the Wall Street rescue fund to save U.S. automakers doesn't have the votes to pass.
Online retailers see 'Cyber Monday' surge
Online merchants finally got some relief with the unofficial start of the holiday shopping season, spurred by a bevy of deals and free shipping offers.
Wall Street ends volatile day strong
Wall Street absorbed more bad economic news, closing higher as investors shuttled between pessimism about the recession and hopes that the nation might start to see some relief soon.
10 wonders in a winter wonderland
Is it really true that no two snowflakes are alike? Get the cold, hard facts on that question and nine other scientific puzzlers posed by the winter season.
