Citigroup's options dwindle; shares plunge
Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company.

Deflation poses new economic threat
Strapped consumers are rejoicing at falling prices. But some economists warn of the growing risk of a ruinous downward price spiral  called deflation. Here's what's at stake.

Madonna, Ritchie granted divorce

The show-business marriage that began in a Scottish castle came to an end in a drab London courtroom Friday as Madonna and Guy Ritchie were granted a preliminary decree of divorce.

Mexico: Ex-drug czar took cartel money
Mexico's former drug czar took $450,000 to leak information to a powerful cartel, officials said Friday.

Islamists: We'll fight Somali pirates
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.

Obama team springs leaks

Barack Obama was famously able to impose discipline and control over his presidential campaign, but it didn't take long for him to discover that running a transition is something quite different.

Bush to promote action plan to deal with crisis

Struggling to get ahead of a global financial crisis, the president hopes to win more converts at a summit in Peru for a plan aimed at showing governments have the will and means to halt the turmoil.

Report predicts U.S. decline, Russia rise

Global warming could be a boon to Russia while the U.S. could further decline in importance during the next two decades, says a U.S. intelligence report with predictions for the world in 2025.

Mukasey feeling better, checks out of hospital

The attorney general was given a "clean bill of health" and went back to work Friday after his harrowing collapse at a late-night dinner speech.