CBO sees record $1.2 trillion '09 deficit
The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
Drug created from genetically engineered goats
In a scientific first, an anti-clotting drug made from the milk of genetically engineered goats is moving closer to government approval for humans.
French motorcyclist found dead at Dakar Rally
49-year-old Terry had gone missing Sunday during second stage of race
Obama pledges to curb spending
President-elect Obama says he'll have to juggle the competing interests of economic stimulus and deficit control, but that restoring general business health must come first.
Coulter ‘delighted' she isn't banned from NBC
After her appearance on TODAY was canceled earlier in the week, conservative author Ann Coulter was on the show Wednesday, speaking out about unwed mothers and "B. Hussein" Obama. She said she was "delighted to hear" she wasn't banned from NBC.
Stores fear holiday sales may stick
Shoppers are getting used to those 75 percent off sales, and that's bad news for merchants who worry they will also have to quickly slash prices on spring goods to attract customers.
Ice storm in Northeast, floods in South
Storms had people on edge across the U.S. Wednesday, with ice and freezing rain in the Northeast, flooding and power outages in the South and the Pacific Northwest watching for avalanches.
Reid: Burris may ultimately get seat
Senate Majority Leader Harry Reid said Roland Burris will not likely take Barack Obama's Senate seat until a court in Illinois rules on a dispute surrounding his appointment.
'Sno-maggedon' has Spokane on edge
More than 6 feet of snow in the past three weeks has left Spokane residents frustrated. Tempers are so frayed that a man was arrested for shooting at a snow plow operator.
Europe shivers as Russia cuts gas shipments
Russia shut off all gas supplies to Europe through Ukraine on Wednesday — leaving more than a dozen countries scrambling to cope during a winter cold snap.