Stocks leap on treasury speculation

Wall Street put a stop to a terrifying decline and stormed higher as President-elect Obama appeared ready to tap the chief of the N.Y. Federal Reserve as the next treasury secretary.

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.

Suspected U.S. missile strike kills 5 in Pakistan
A suspected U.S. missile killed at least five militants in northwestern Pakistan, Pakistani intelligence officials said Saturday.

Bob Jones University apologizes for racist policies
A fundamentalist Christian University has apologized for racist policies including a one-time ban on interracial dating that wasn't lifted until nine years ago and its unwillingness to admit black students until 1971.

Gas prices dip below $2 a gallon

Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years.

Teen commits suicide as webcam users watch

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

Date-rape ‘doctor' they could not convict
Despite all the legal advances of the past three decades, little has changed for women who report a date rape.

Utah studio wants pole dancing in Olympics

A pole dancing studio in Salt Lake City has become part of a worldwide movement to get pole dancing considered as an Olympic sport for the 2012 Games in London, KUTV reported Friday.

NYT: Obama tilts to center, inviting a clash of ideas
Barack Obama won the nomination with the hearty support of the left wing of his party. Now, his reported selections for two major Cabinet positions suggest a plan to govern from the center-right.