Israel welcomes cease-fire proposal

Israel tentatively welcomed a proposal for a Gaza cease-fire and briefly halted its offensive to allow aid to reach civilians, but also gave the military a green light to press ahead with its assault on Hamas.

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.

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.

Walters: Oklahoma can silence Big 12 critics with win

Walters: Oklahoma has an opportunity to validate every verbal bouquet tossed the Big 12's direction this season. The Sooners, losers themselves of four consecutive BCS bowls and no strangers to the "Over-rated!" chant, take on a Florida squad that is as fast and deep as anyone in the nation. And that might as well be playing a home game.

Man wants estranged wife to pay for kidney
A New York doctor is demanding that his estranged wife pay him $1.5 million to compensate him for the kidney he gave her while they were still on good terms.

Obama hails 'extraordinary gathering'

President-elect Barack Obama has returned to the White House for a private sit-down with President George W. Bush, less than two weeks before their official transfer of power.

Bad economic news helps stocks end day worse
Bleak outlooks from Time Warner, Intel and Alcoa combined with more evidence of rising unemployment to send stocks to end sharply lower Wednesday.

India: Mumbai gunmen directed by phone
"We have three foreigners, including women," the gunman said into the phone.

5 reasons to be cautious about stocks
With the stock market up 25 percent from November lows, a lot of individual investors are asking: Is this rally for real?