AP: Feds ignored meltdown warnings
The Bush administration ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
It's official: U.S. is in recession
A panel of the National Bureau of Economic Research said Monday that the U.S. economy fell into a recession last year.
Cost of 12 days of Christmas: $86,609
Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol, "The Twelve Days of Christmas."
Sears faces tough test this season
The holiday season is expected to be difficult for most retailers, but it could prove especially tough for one of the nation's most storied brands: Sears.
N.M. baby dies from illness tied to formula
The New Mexico Health Department says a baby has died and another has been hospitalized due to a rare infection.
Opinion: BCS should reconsider 'plus-one' — fast
Opinion: Plan would go long way toward fixing system that's leaking credibility badly
Palin campaigning in Ga. for Sen. Chambliss
While the GOP's Chambliss enlisted the former vice presidential candidate, Democrat Jim Martin pushed to activate black voters, in the final day of campaigning for Tuesday's runoff election.
Fed chairman: Lower rates 'feasible'
Fed chief Ben Bernanke said that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive the economy.
Birmingham mayor faces bribery charges
The mayor of Alabama's largest city was arrested Monday on federal bribery and fraud charges connected to a sewer bond deal that has driven the surrounding county to the brink of bankruptcy.
Son of slain rabbi arrives in Israel
An Israeli Air Force jet left India for Israel Monday carrying the 2-year-old orphan of a rabbi and his wife who were slain in the Mumbai Jewish center attack.
