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Weekly jobless claims drop unexpectedly

Job seekers, including left-to-right, Edna Asberry, Maritza Jaime and Kimberly Baker, fill out evaluation forms at the South LA WorkSource Center. A new economic forecast, by the quarterly Anderson Forecast from the University of California, provides a mostly gloomy outlook for the coming year in California as a national recession chokes economic growth and jobless lines grow.New claims for unemployment benefits dropped unexpectedly last week, but the number of people continuing to seek aid rose sharply.


Draft report: Vote on Blagojevich impeachment

LIVE VIDEO: Illinois Gov. Rod Blagojevich holds a news conference to name former Illinois Atty. Gen. Roland Burris as President-elect Barack Obama's senate replacement. (NBC News Live)The Illinois House committee investigating Gov. Rod Blagojevich released a draft report saying the Democratic governor has abused his power and recommending the full chamber vote on impeachment.


Walters: Oklahoma can silence Big 12 critics with win

Take a look at the impact players and coaches that will decide whether Florida or Oklahoma will be the national champion.Walters: Oklahoma has an opportunity to validate every verbal bouquet tossed the Big 12's direction this season. The Sooners, losers themselves of four consecutive BCS bowls and no strangers to the "Over-rated!" chant, take on a Florida squad that is as fast and deep as anyone in the nation. And that might as well be playing a home game.


Horrid holiday sales capped by dismal Dec.

Pedestrians walk past Generations Menswear on 8th Ave. in New York. Retailers are reporting dismal sales for December, confirming fears that the holiday season was the weakest in four decades.Retailers are reporting dismal sales for December, confirming fears that the holiday season was the weakest in four decades.


Diplomats seek Gaza cease-fire

Palestinians gather around the remains of a Gaza City mosque Thursday after it was destroyed by an Israeli airstrike.The U.N. halted deliveries of much-needed food and fuel to the Gaza Strip on Thursday after gunfire from an Israeli tank killed an aid truck driver. World powers met to work ona  cease-fire plan. ,


Detroit's auto show likely to be a bit austere

Singer Kid Rock, right, and Joseph ‘Run' Simmons of Run D.M.C. perform at last year's Detroit auto show. Automakers are expected to scale back their elaborately staged car launches this year.With the industry in financial dire straits, much of the glitz and glamour at this year's Detroit auto show will be replaced by a new sense of austerity.


Obama: Pass stimulus or recession lasts ‘years'

Jan. 8: Saying President-elect Barack Obama warned Thursday that the nation's recession could "linger for years" unless Congress acts to pump huge sums from Washington into the U.S. economy.


Red Cross: Israel troops ignored Gaza wounded

A severely injured Palestinian man is rushed to a hospital after an Israeli missile strike Thursday in Beit Lahiya, in the northern Gaza Strip.The international Red Cross accused Israeli forces Thursday of failing to assist wounded Palestinians.


'One Laptop Per Child' program cuts staff
In another sign of the growing financial strain on nonprofit groups, the One Laptop Per Child program is paring its staff in half.

Thousands told to flee Wash. floods

Water from the Chehalis River covers railroad tracks, local roads and Interstate 5 Thursday in Chehalis, Wash. Some 55,000 vehicles usually use that section of I-5 on a typical day. A major north-south interstate in Washington state was cut off and 40,000 people were urged to leave their homes as snowmelt and rain swelled rivers and caused mudslides and avalanches.


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