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.
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.
Neb. lawmakers OK 'safe haven' age limit
Nebraska lawmakers gave final approval Friday to adding a 30-day age limit to the state's "safe haven" law.
Bush effigy burned at Iraq protest
Followers of a Shiite cleric on Friday stomped on and burned an effigy of President Bush in Baghdad as they protested a proposed U.S.-Iraqi security pact on 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.
GM plans more cuts, eyes up to 10 factories
General Motors Corp. will extend its holiday shutdown or make other production cuts at up to 10 factories as it deals with a continued U.S. auto sales slump and fights to stay solvent.
Blast kills 8 mourners at Pakistani funeral
A blast killed at least six mourners Friday at the funeral of a Shiite cleric in northwest Pakistan who was gunned down hours earlier, police said.
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.
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.
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.
