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.

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.

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.

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.

Troops in Iraq to get beer for Super Bowl
American troops in Iraq will be allowed to drink beer without fear of court-martial for this year's Super Bowl — an exception to a strict military ban on drinking alcohol in combat zones.

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.

‘Slumdog,' ‘Milk' win Critics' Choice awards

The critics have spoken, and "Slumdog Millionaire" is their final answer. The rags-to-riches tale won a leading five prizes, including best picture, at Thursday night's Critics' Choice Awards.

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.