Scoop: Cruise gets emotional about Jett Travolta

A visibly shaken Tom Cruise said that it was untrue that the Church of Scientology forbids members from seeking medical attention.

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.

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.

December jobs report likely to be grim

Trying to survive a deepening recession, employers are cutting their work forces to the bone, leaving more Americans unemployed and with dim prospects of finding a new job any time soon.

Madoff said to have stashed $173 million

Prosecutors say Bernard Madoff had $173 million in signed checks in his office desk that he was ready to send out at the time of his arrest last month.

Floods cut Washington highways

Floods, mudslides and avalanches in the Pacific Northwest kept tens of thousands of people from their homes Thursday, brought freight trains to a standstill and stranded hundreds of trucks.

Bacon, butter fuel South Pole trek

A trio of adventurers said Friday they have set a new record for fastest trek across Antarctica to the South Pole, after suffering through whiteout conditions and temperatures as low as minus 40.

Gaza fighting rages as U.N. call ignored

Israeli aircraft bombarded Gaza early Friday and Hamas fired rockets into southern Israel, as the government said there would be no quick end to the fighting despite a U.N. resolution calling for a cease-fire.

Opinion: Tips to pay off credit cards

In her new book, the financial expert and host of CNBC's "Suze Orman Show"  offers an action plan to help you get out of the vicious  cycle of credit card debt in these difficult financial times. An excerpt.