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Updated: 5 hours 59 min ago

Three Midwest Rivers Start To Breach Their Banks

7 hours 5 min ago

Officials and homeowners throughout the Red River Valley raced to finish levees and lay sandbags as the Mississippi, Red and St. Croix rivers began to overflow in some places. In Minnesota, Gov. Tim Pawlenty has called out the National Guard to help vulnerable communities prepare, and officials in St. Paul declared an emergency.

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Greenspan On The Housing Bubble: Not My Fault

7 hours 25 min ago

The former Fed chairman says he didn't create the housing bubble and couldn't have prevented the economic calamity that followed the bubble's collapse.

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Obama Postpones Asia Trip; Health Vote Likely Sunday

8 hours 27 min ago

House Democrats' overhaul bill would cut the federal deficit by $138 billion over the first decade.

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House Democrats Trumpet Health Bill Cost Estimate

8 hours 35 min ago

The Congressional Budget Office calculated that House Democrats' overhaul legislation would cut the federal deficit by $138 billion over the first decade — with an overall price tag of $940 billion during that period.

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'Jihad Jane' Pleads Not Guilty To Terrorism Charges

10 hours 42 min ago

American Colleen LaRose is accused of conspiring with jihadists and pledging to commit murder in the name of a Muslim holy war. Authorities say she wanted to kill a Swedish artist who had offended Muslims. Her trial was set for May 3.

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U.N. Panel Rejects Bluefin Tuna Export Ban

10 hours 44 min ago

Japan and a number of developing nations opposed the proposed ban, which was backed by the United States. Japan imports 80 percent of its Atlantic bluefin, which is a popular ingredient in sushi.

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U.S. Bank Auditors Got Bonuses Before Crisis

11 hours 21 min ago

Banks weren't the only ones giving big bonuses in the boom years before the worst financial crisis in generations. The government also was handing out millions of dollars to bank regulators, rewarding "superior" work even as an avalanche of risky mortgages helped create the meltdown.

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Revised Health Overhaul Would Cost $940 Billion

11 hours 28 min ago

The Congressional Budget Office has apparently finished tallying up the cost of health overhaul and preliminary reports put the total at $940 billion over the first decade. Over the same period, the plan would reduce the federal deficit by $130 billion.

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House Dems On Track For Vote On $940B Health Bill

11 hours 51 min ago

Rep. Steny Hoyer of Maryland said the health care package will also reduce the federal deficit by more than $100 billion over its first 10 years.

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Estimate: Health Overhaul Will Cut $130 Billion From Deficits Over 10 Years

11 hours 57 min ago

CBO releases cost estimates for health care overhaul.

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Letter From India: 'Queen' Of Poor Flaunts Riches

11 hours 59 min ago

The chief minister of India's most populous state came from humble origins, but Mayawati, as she is known, has not been shy about displaying her wealth. Recently, the show of opulence at a political rally — where she accepted a garland made entirely of money — seems to have gone too far, even by her standards.

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Consumer Prices Stayed Pat In February

12 hours 45 min ago

A rise in food prices last month was offset by a drop in gasoline and other energy costs. The Labor Department's report indicates there is little sign of inflation, which enables the Federal Reserve to keep its key interest rate at a record low to help revive the economy.

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First-Time Unemployment Claims Dip

12 hours 50 min ago

The Labor Department says the number of newly laid-off workers requesting jobless benefits fell 5,000 last week to a seasonally adjusted 457,000. That nearly matched analysts' estimates of 455,000.

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Man Killed By Gaza Rocket, Israeli Medics Say

13 hours 30 min ago

Israel's emergency service said the rocket was fired by Palestinian militants from the Gaza Strip and killed a man in an agricultural community just north of Gaza. It was the first death from such an attack since Israel's Gaza offensive last year.

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Wachovia Settles Money Laundering Case

17 hours 29 min ago

Banking giant Wachovia has agreed to pay $160 million to settle a federal investigation into laundering of South American drug money. The deal, announced by the U.S. Attorney in Miami, said the bank had laundered the money since at least 2003 using Mexican exchange houses.

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Is The Bible More Violent Than The Quran?

18 hours 9 min ago

Scholar Philip Jenkins argues that scriptures in the Quran are less brutal than those in the Bible. In his new book, Jesus Wars, Jenkins points out that violence in the Quran is mostly defensive, but in the Bible, it is often a method of genocide.

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Ad Wars Ramp Up As Health Bill Vote Draws Near

March 17, 2010 - 8:00pm

As health care overhaul legislation winds its way toward the finish line, both sides are working to get their opinions heard. As usual, some use fear and exaggeration to make their claims. How accurate are these 30-second attempts to boil down a year's worth of debate? We decided to put a few to the test.

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Bill Eases Penalty For Crack Cocaine Possession

March 17, 2010 - 8:00pm

The current law punishes crack users 100 times more heavily than powder cocaine users. Critics say the sentencing disparity has had a huge impact on people of color, partly because crack cocaine is much cheaper. A bill passed by the Senate brings the 100-to-1 ratio down to 18-to-1.

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Boomerang Kids Drive Rise Of Extended Family Living

March 17, 2010 - 8:00pm

A new study finds that the number of people in multigenerational households grew by 2.5 million between 2007 and 2008. The trend is fueled by young adults, but older adults are also slightly more likely to share households. Another big factor is the increasingly large share of immigrants living in the U.S.

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Scholar Says 'Lost' Shakespeare Play Is No Hoax

March 17, 2010 - 8:00pm

Performed in 1727, Double Falsehood was purported to be a "lost" play by Shakespeare. Critics dismissed it as a fake, and it was quickly forgotten. But professor Brean Hammond says the "rattling good yarn" has Shakespearean roots.

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