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Obama Team Advised to Spend More Than $600 Billion on Economy

Posted: 12/17/2008 - After consulting with economists from across the political spectrum, President-elect Barack Obama's advisers are contemplating an economic recovery plan that could cost as much as $1 trillion over two years.

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Car, Home Buyers Could Benefit from Fed Rate Cut

Posted: 12/17/2008 - Consumers trying to buy a house or finance a car loan could be the big winners as a result of the Federal Reserve's decision to slash its target interest rate to nearly zero.

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Obama Picks Vilsack, Salazar for Cabinet

Posted: 12/17/2008 - Obama has two more nominations in former Iowa Gov. Tom Vilsack for agriculture secretary and Colorado Sen. Ken Salazar to lead the Interior Department.

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Crude Oil Prices Rise

Posted: 12/17/2008 - Oil prices rose above $45 a barrel Wednesday in Asia as investors waited to see how big a production cut OPEC will announce at a meeting later today in Algeria.

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Iraqi Police: Baghdad Bombs Kill 18, Wound 52

Posted: 12/17/2008 - Iraqi police say the toll from a double-bombing in eastern Baghdad that targeted traffic police has increased to at least 18 people dead and 52 others wounded.

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Victim Of Fire Released From Hospital

Posted: 12/17/2008 - A man who was injured in an Eastern Kentucky house fire that killed two of his daughters has been released from a hospital.

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Britain To Pull Troops From Iraq By May 31

Posted: 12/17/2008 - British Prime Minister Gordon Brown said Wednesday his country, the second-largest military presence in Iraq after the United States, will end its mission in Iraq by May 31.

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Three People Are Arrested On Drug Charges

Posted: 12/16/2008 - State police say 58-year old Leroy "Doc" Little, 34-year old Darren Little, and 47-year old Tracey Wooten all of Shelbiana now face drug trafficking charges.

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Kentucky Budget

Updated: 12/17/2008 - Kentucky welcome centers would be closed twice a week, but the state park system for now would be spared budget cuts, under Gov. Steve Beshear's plan to offset a hulking $456.1 million revenue shortfall.

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Federal Hearing Is Underway

Updated: 12/16/2008 - A federal hearing is underway in Letcher County to determine if a coal miner was discriminated against when he videotaped alleged safety violations in the mine where he worked and then showed that tape to M-SHA.

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Former Teacher's Trial Postponed

Posted: 12/16/2008 - Former East Ridge High School teacher Lincoln Bentley is accused of asking a student to show him her breasts in exchange for a higher grade.

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Shop With a Firefighter

Posted: 12/16/2008 - Some firefighters in Hazard took a break from their busy schedules to help brighten the holidays for a group of local children.

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Young Girl Describes School Bus Crash

Updated: 12/16/2008 - One little girl's family is breathing a sigh of relief tonight. They are thankful her injuries suffered in the school bus crash were minor.

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Nation's First Face Transplant Done In Cleveland

Posted: 12/16/2008 - A woman so horribly disfigured she was willing to risk her life to do something about it has undergone the nation's first near-total face transplant, the Cleveland Clinic announced Tuesday.

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Money Talks - Shopping At Auction: Buying Seized Property

Posted: 12/16/2008 - If there’s one enduring symbol of our our nation’s current economic slump, this could be it: an auction, where the crack of a gavel marks the end of hope for one family and the beginning for another. But auctions can also be a great way to do some unique holiday shopping.

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Feds Propose Stopgap Mine Communications Plan

Posted: 12/16/2008 - CHARLESTON, W.Va. (AP) - America's 600 underground coal mines would have to spend an estimated $278 million installing sophisticated electronic communications and tracking equipment under a new federal proposal requiring operators to file plans by next June with the Mine Safety and Health Administration.

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