It's official: U.S. is in recession
A panel of the National Bureau of Economic Research said Monday that the U.S. economy fell into a recession last year.
AP: Feds ignored meltdown warnings
The Bush administration ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
Palin campaigning in Ga. for Sen. Chambliss
While the GOP's Chambliss enlisted the former vice presidential candidate, Democrat Jim Martin pushed to activate black voters, in the final day of campaigning for Tuesday's runoff election.
Hudson's in-law arrested in deaths
Jennifer Hudson's estranged brother-in-law has been arrested in Illinois in the deaths of the singer's mother, brother and 7-year-old nephew.
New hope on AIDS in Africa
In a sign of hope on a continent ravaged by AIDS, a South African fertility clinic has started a service allowing couples infected with the virus to have a healthy baby.
Son of slain rabbi heads to Israel
An Israeli Air Force jet left India for Israel Monday carrying the 2-year-old orphan of a rabbi and his wife who were slain in the Mumbai Jewish center attack.
Obama names Clinton to top role
President-elect Barack Obama announced former rival Hillary Rodham Clinton as his choice for secretary of state Monday and also said he would keep Robert Gates as defense minister.
Answer Desk: Explaining the oil bust
With oil prices at a third of peak levels, OPEC producers are having little luck trying to prop them back up. So was the price spike driven by greedy speculators after all? Answer Desk.
Fed chairman: Lower rates 'feasible'
Fed chief Ben Bernanke said that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive the economy.
Sears faces tough test this season
The holiday season is expected to be difficult for most retailers, but it could prove especially tough for one of the nation's most storied brands: Sears.
