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.
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.
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.
Thai PM unable to quell crisis
An explosion killed one anti-government protester and wounded 22 others at Bangkok's blockaded Don Muang airport on Tuesday, an emergency services official said.
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.
How to get to Carnegie Hall? YouTube
Borrowing from "American Idol," the online video site announced plans Monday for a YouTube Symphony Orchestra, featuring a collaboration of wannabe musicians with Carnegie Hall, conductor Michael Tilson Thomas, composer Tan Dun and others.
Hudson's in-law arrested in deaths
Jennifer Hudson's estranged brother-in-law has been arrested in Illinois in the deaths of the singer's mother, brother and 7-year-old nephew.
Obama names Clinton to top role
President-elect Barack Obama announced former rival Hillary Rodham Clinton as his choice for secretary of state Monday and also said he would keep Robert Gates as defense minister.
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.
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."
