Economy Jan 14 Retail Sales Sag 2.7% in December; Stocks Drop Retail sales dropped more than expected in December -- a sixth straight monthly slide -- as consumers took heed of an economy pummeled by a recession, credit squeeze and continuing job losses.
Politics Jan 13 Russia, Ukraine Trade Blame Over Gas Shipments Though Russia and Ukraine struck a deal that would restart the gas supply to Europe, it appears little gas is reaching European nations after a weeklong cutoff that has stirred tensions over the region's energy resources.
Politics Jan 13 Chu Vows to Fight Global Warming at Confirmation Hearing Nobel-prize winning physicist Steven Chu said at a hearing Tuesday that if he is confirmed as energy secretary, he plans to aggressively pursue policies to combat global warming.
Politics Jan 12 Roland Burris Cleared to Take Illinois Senate Seat Senate Democratic leaders moved Monday to formally accept Roland Burris as President-elect Barack Obama's Senate successor, hoping to move beyond the spectacle that emerged around Burris's appointment by the scandal-plagued Illinois governor.
Economy Jan 12 Bush OKs Request to Seek Bailout Funds, Reflects on White House Tenure President-elect Barack Obama has asked President Bush to seek the remaining $350 billion of the $700 billion financial industry bailout, and Mr. Bush has agreed to do so, the White House said Monday.
Politics Jan 12 Israel Closes In on Heavily Populated Gaza City Israel said reserve forces joined the ground offensive against the Gaza Strip on Monday in what may be the next phase of a continuing Israeli offensive on Hamas as it advances on targets in heavily-populated urban areas like Gaza City.
Science Jan 09 Nanoscale 'Levitation' Discovery Could Lead to Better Nanomachines By exploiting a quantum mechanical quirk, a team of researchers has discovered how to levitate a tiny object. The finding sounds magical, but it could have an important practical application -- helping scientists build better nanoscale machines.
Politics Jan 09 Illinois House Votes to Impeach Gov. Blagojevich The Illinois House voted overwhelmingly Friday to impeach Gov. Rod Blagojevich, an action that sets up a Senate trial on whether he should be thrown out of office for allegedly trying to sell President-elect Barack Obama's vacant Senate seat.
Economy Jan 09 Unemployment Rate Hits Highest Point in 16 Years A day after President-elect Barack Obama warned that the recession could "linger for years" unless Congress pumps money into the economy, a government report released Friday underscored the toll the downturn is having on workers and companies.
Nation Jan 08 Gaza Cease-fire Talks Start; U.N. Suspends Aid Deliveries Israel, Hamas and Palestinian President Mahmoud Abbas have entered talks with Egypt on a cease-fire in the Gaza Strip. Meanwhile, the United Nations has suspended aid deliveries after a driver was killed by Israeli forces.