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Obama Submits Budget Details

Posted: 05/07/2009 - Some of the details of President Barack Obama's budget, including proposed program cuts, emerge today as he sends them to Congress.

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Bank Stress Tests Later Today

Posted: 05/07/2009 - The official release isn't expected until after the markets close, but leaked results from bank stress tests suggest some of the nation's largest banks need to raise more money.

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GM Posts $6 Billion Loss for First Quarter

Posted: 05/07/2009 - General Motors Corp. says it lost $6 billion in the first quarter and spent $10.2 billion more cash than it took in, as a sales slump cut revenue by $20 billion.

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Red Cross: Many Afghans Dead in US Bombing

Posted: 05/06/2009 - The international Red Cross says its officials have seen dozens of bodies in each of two villages in western Afghanistan following a U.S. bombing run that villagers say hit civilians.

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Obama to Crack Down on Business Taxes

Posted: 05/04/2009 - President Barack Obama wants to change federal tax policy in ways that will likely be unpopular with people who use offshore tax havens as well as with corporations that have international divisions.

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Swine Flu Could Put Damper on Immigration Rallies

Posted: 05/01/2009 - There will be immigration-rights rallies across the country today, even as health officials try to clamp down on a swine flu epidemic with roots in the same country as many of the expected demonstrators: Mexico.

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Credit Card Legislation Nearer Success

Posted: 04/30/2009 - Legislation to rein in credit card practices and eliminate sudden rate hikes and late fees is closer to becoming law.

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Source: Chrysler Lender Talks Break Off

Posted: 04/30/2009 - Talks between Chrysler's lenders and the Treasury Department to reduce the automaker's $6.9 billion in secured debt and keep it out of bankruptcy protection have disintegrated

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Study Finds `Massive Waste' in Misdemeanor Cases

Posted: 04/29/2009 - A study commissioned by criminal defense attorneys says treating petty, nonviolent misdemeanors as infractions rather than crimes would save millions of dollars and better protect defendant's rights without hurting public safety.

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Obama Marks 100th Day in Office

Posted: 04/29/2009 - It's been a busy first 100 days for President Barack Obama. He's been tackling a steep recession, health care and global warming and trying to revamp America's image around the world.

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CDC Official Confirms U.S. Swine Flu Death

Updated: 04/29/2009 - The acting head of the Centers of Disease Control and Prevention says the confirmed death of a 23-month-old child in Texas is a tragic development, but that it's too soon to say just how fast the swine flu virus is spreading.

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9 Pirate Suspects Arrested in Cruise Ship Attack

Posted: 04/28/2009 - The Seychelles Coast Guard says it has arrested nine suspected pirates believed to be behind the attempted hijacking of a luxury cruise liner over the weekend.

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Pakistan Expands Offensive Against Taliban

Posted: 04/28/2009 - A military spokesman says fighter jets are attacking Taliban hide-outs in a district near the Pakistani capital in an apparent expansion of an offensive against the militants.

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