Business News
Obama facing tough selling job on Afghan policy
1 hr 2 mins ago
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Barack Obama has begun one of the toughest sales jobs of his presidency, launching the much-awaited rollout of his new Afghan war strategy by informing top military and civilian advisers in Washington and Kabul and telephoning key allies around the globe.
Divided Senate poised to start health care debate
3 hrs ago
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Senate Democrats face deep divisions within their ranks as they begin debate Monday on President Barack Obama's health care overhaul, with the recent all-hands-on-deck coalition frayed over abortion and the option of government-run insurance.
Gov't increases pressure on mortgage industry
2 hrs 58 mins ago
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The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program.
Suspect in officer killings eludes law in Seattle
54 mins ago
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A heavily armed SWAT team stormed a Seattle home Monday where they thought they had cornered the suspect in the slaying of four police officers at a coffee shop, only to find out that he was not in the house and still on the loose.
Iran holds yacht with 5 UK nationals
12 mins ago
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Iran is holding five British sailors after stopping their racing yacht in the Persian Gulf, the British government said Monday. The move could heighten tensions between Iran and major world powers, including Britain, that are demanding a halt to its nuclear program. Oil prices spiked 2 percent to $77.45 a barrel on the New York Mercantile Exchange as the news broke.
Clinton daughter Chelsea engaged to be married
4 hrs ago
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Chelsea Clinton, the 29-year old daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton, has become engaged to her longtime boyfriend, investment banker Marc Mezvinsky.
Williams fined record $82,500 for US Open tirade
1 hr 48 mins ago
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Serena Williams was fined a record $82,500 for her U.S. Open tirade and could be suspended from that tournament if she has another "major offense" at any Grand Slam in the next two years.