In what terrorism analysts say is an attempt to show that the president-elect may not meet Muslims expectations for change in the Middle East, Ayman al-Zawahiri called Obama 'dishonorable.'
The stock market lurched lower, falling to its lowest point in nearly six years, as concern spread that the economy might be facing a chronic and debilitating decline in prices.
As deserted malls and department stores struggle to court cash-short consumers with steep discounts, an even more ferocious price war is being waged online.
AP - A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president.
AP - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial meltdown began.
AP - California's highest court agreed Wednesday to hear several legal challenges to the state's new ban on same-sex marriage but refused to allow gay couples to resume marrying before it rules.
Seven-year-old Jonathan Reyes whimpered softly as he and his parents approached what was left of their house, one of more than than 500 structures destroyed by wildfires in Los Angeles County. The Reyeses were anguished about explaining the loss to their son. Any child would find such loss devastating, but Jonathan is even more fragile. He has autism.
Some lawmakers lashed out at the CEOs of the Big Three auto companies today for flying private jets to Washington to request taxpayer bailout money. "It's almost like seeing a guy show up at the soup kitchen in high hat and tuxedo," one lawmaker said. Like many other corporations, all three have policies requiring their CEOs to travel in private jets for safety reasons.
The third-grader's legs dangle from an overstuffed leather chair as he answers the questions of two female police officers. His manner and voice are casual, even helpful, but his words are shocking.