Deflation poses new economic threat
Strapped consumers are rejoicing at falling prices. But some economists warn of the growing risk of a ruinous downward price spiral called deflation. Here's what's at stake.
Obama team springs leaks
Barack Obama was famously able to impose discipline and control over his presidential campaign, but it didn't take long for him to discover that running a transition is something quite different.
Myanmar sends comedian, monk to prison
Courts in military-ruled Myanmar on Friday handed long prison sentences to a prominent monk and a popular comedian active in the country's pro-democracy movement.
Mexico: Ex-drug czar took cartel money
Mexico's former drug czar took $450,000 to leak information to a powerful cartel, officials said Friday.
Shipper: Militaries must confront pirates
The world's militaries must work together to battle pirates off the Somali coast or ships will have to be diverted, one of the world's largest oil tanker companies said Friday.
Sexism award goes to 'ugly ducklings' mayor
An Australian outback mayor's plea for lovelorn female "ugly ducklings" to move to a remote mining town to reverse a shortage of eligible women has won him the country's yearly award for outrageous sexism.
Mukasey released from hospital after collapse
The attorney general was given 'a clean bill of health' and checked out of the hospital after extensive medical tests following his collapse, the Justice Department said Friday.
Bush to promote action plan to deal with crisis
Struggling to get ahead of a global financial crisis, the president hopes to win more converts at a summit in Peru for a plan aimed at showing governments have the will and means to halt the turmoil.
Bush effigy burned at Iraq protest
Followers of a Shiite cleric on Friday stomped on and burned an effigy of President Bush in Baghdad as they protested a proposed U.S.-Iraqi security pact on Friday.
Puppy Cam wranglers: 'No, you can't have one'
Four million Puppy Cam fans worldwide gained inner peace watching the real-time exploits of six adorable pups. But who do these dogs belong to? And ... can I have one?
