CBO sees record $1.2 trillion '09 deficit
The U.S. federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
Reid: Burris may ultimately get seat
Senate Majority Leader Harry Reid said Roland Burris will not likely take Barack Obama's Senate seat until a court in Illinois rules on a dispute surrounding his appointment.
Scoop: Spears' tour gets off to shaky start
According to Us Weekly, Britney Spears just doesn't have the work ethic she used to and it's affecting her upcoming tour.
Stores fear holiday sales may stick
Shoppers are getting used to those 75 percent off sales, and that's bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers.
Europe shivers as Russia cuts gas shipments
Russia shut off all gas supplies to Europe through Ukraine on Wednesday — leaving more than a dozen countries scrambling to cope during a winter cold snap.
Ice storm in Northeast, floods in South
Storms had people on edge across the U.S. Wednesday, with ice and freezing rain in the Northeast, flooding and power outages in the South and the Pacific Northwest watching for avalanches.
Ski bum? Bottom bared in lift mishap
A guy who dangled upside down from a ski lift with his bare bottom exposed probably doesn't want to hear any "ski bum" jokes.
5 reasons to be cautious about stocks
With the stock market up 25 percent from November lows, a lot of individual investors are asking: Is this rally for real?
Obama pledges to curb spending
President-elect Obama says he'll have to juggle the competing interests of economic stimulus and deficit control, but that restoring general business health must come first.
Obama hails 'extraordinary gathering'
President-elect Barack Obama has returned to the White House for a private sit-down with President George W. Bush, less than two weeks before their official transfer of power.
