AP - Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years as huge rebates and low-interest financing fail to spur fearful consumers to make a major purchase.
AP - President Barack Obama's top economic officials on Tuesday vigorously defended the administration's $3.6 trillion budget against Republican claims that it contained overly optimistic economic assumptions and included stealthy tax increases that could end up hitting most Americans.
Hundreds of German rescue workers were searching the ruins of a collapsed building in Cologne, Germany, today for nine people who may be trapped beneath the rubble. The city's historic archive collapsed, possibly damaging two other buildings, RTL reporter Carlo Schlender said.
The search for three missing boaters, including two NFL players, continues this morning off Florida's Gulf Coast. A fourth boater, former University of South Florida football player Nick Schuyler, was found sitting on top of their small overturned fishing boat Monday afternoon. Based on what Schuyler told the Coast Guard, they were able to narrow the search from 16,000 square miles to 2,000 square miles.
President Barack Obama said Tuesday that the country already is "seeing shovels hit the ground" on the first infrastructure repair project funded through the Transportation Department's share of the $787 billion stimulus bill.