Opening act for Congress: raising taxes

While tax cuts are an integral part of President-elect Barack Obama's stimulus plan, the newly convened Congress and Obama are nonetheless preparing for a tax hike. But don't worry just yet, unless you're a smoker.

Report: Missile kills top al-Qaida men

A CIA strike in Pakistan killed two top al-Qaida terrorists long sought by the U.S., including the man believed to be behind a  deadly hotel bombing in Pakistan, U.S. officials told the Washington Post.

Obama team preparing bailout overhaul

Treasury Secretary nominee Timothy F. Geithner and President-elect Barack Obama's economic team are overhauling the embattled bailout and broadening its scope well beyond Wall Street.

Microsoft's Ballmer raises pressure on Yahoo
Microsoft's CEO Steve Ballmer has told the Financial Times newspaper that the current period of transition for Yahoo is a good time for a search deal between the two companies.

Alzheimer's drugs double death risk in elderly
Anti-psychotic drugs commonly used to treat Alzheimer's disease may double a patient's chance of dying within a few years, suggests a new study that adds to known concerns.

Gators swamp Sooners for BCS title

Sooners' record offense stymied as Florida wins 2nd national title in 3 years.

On ‘Grey's Anatomy,' not all wishes come true

This week at Seattle Grace, the Chief finally recognized that Seattle Grace's constant revolving door of doctors, not to mention its self-operating interns, is far from normal.

Kennedy's bid reignites 'mommy wars'

The bid by Caroline Kennedy for the Senate has reignited the "mommy wars" between mothers with careers and those who take a break from paid employment.

Pinched Americans hit the gym, but seek deals
People squeezed by the economic crisis are still paying for gym memberships and diet centers, but health clubs are having to hold down their fees to keep customers coming in.