CBO sees record $1.2 trillion '09 deficit
The U.S. federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
Satyam scandal could be 'India's Enron'
The head of Indian outsourcing firm Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years.
Obama taps chief performance officer
President-elect Barack Obama promised Wednesday to scour the federal budget to "put government on the side of taxpayers and everyday Americans."
Lovesick teen's boyfriend jailed over murders
A 20-year-old man who helped kill a lovesick girl's family because the two were forbidden to date has been sentenced to life in prison without parole.
Coulter ‘delighted' she isn't banned from NBC
After her appearance on TODAY was canceled earlier in the week, conservative author Ann Coulter was on the show Wednesday, speaking out about unwed mothers and "B. Hussein" Obama. She said she was "delighted to hear" she wasn't banned from NBC.
'God' author faces plagiarism claim
Neale Donald Walsch, best-selling author of "Conversations with God," said that he unwittingly passed off another writer's Christmas anecdote as his own in a recent blog post.
Scoop: Spears' tour gets off to shaky start
According to Us Weekly, Britney Spears just doesn't have the work ethic she used to and it's affecting her upcoming tour.
Analysis: Obama's challenges in Mideast
One of President-elect Barack Obama's biggest challenges in Middle East policymaking will be to craft diplomatic solutions that do not have unintended consequences.
Israel conditionally welcomes cease-fire plan
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.
Stonehenge: One totally awesome rave location
Stonehenge was built as a dance arena for prehistoric "samba-style" raves, according to a study of the acoustics of the 5,000-year-old stone circle.