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.

WaMu, BNY Mellon latest banks to shed jobs
The Bank of New York Mellon Corp. and Washington Mutual on Friday became the latest in a string of banks to announce layoffs.

NBC: Obama to nominate Clinton for State

Transition and Democratic officials say the  junior senator from New York will be nominated for secretary of state sometime after Thanksgiving, barring unforeseen issues.

Islamists: We'll fight Somali pirates
A radical Islamic group in Somalia said Friday it will fight the pirates holding a Saudi supertanker loaded with $100 million worth of crude oil.

Teen commits suicide in front of Webcam
Authorities say a South Florida teen committed suicide in front of a live online Webcam audience after blogging about his plan to kill himself.

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.

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.

Stocks waver after steep two-day sell-off
Wall Street moved cautiously higher Friday, with investors taking a breather from the heavy selling of recent days.