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Ill. Gov. Blagojevich To Make Statement

Updated: 12/19/2008 - Gov. Rod Blagojevich's office said he would make a statement Friday afternoon in his downtown Chicago office building, in what could be his first substantial public comments since his arrest last week on federal corruption charges.

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Cheney Claims Power to Decide his Public Records

Posted: 12/18/2008 - Dick Cheney's lawyers are asserting that the vice president alone has the authority to determine which records, if any, from his tenure will be handed over to the National Archives when he leaves office in January.

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Car Chased by Police Plunges Off Overpass, Kills 2

Posted: 12/18/2008 - A yellow Corvette being chased by police plunged off an Atlanta highway exit ramp, killing the two people inside in a fiery crash and tangling up traffic for hours.

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Burger King Launches Beef-Scented Body Spray

Updated: 12/18/2008 - The home of the Whopper has launched a new men's body spray called "Flame." The company describes the spray as "the scent of seduction with a hint of flame-broiled meat."

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Mortgage Rates At 37-Year Low

Updated: 12/18/2008 - The decline came as the Federal Reserve pledged to pour money into the mortgage market in an effort to pump life into the U.S. housing market.

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Obama Picks 3 Financial Regulators

Updated: 12/18/2008 - President-elect Barack Obama on Thursday named three veteran regulators to round out his economic team and vowed to revamp regulatory rules to prevent a repeat of the financial and economic debacles the country is suffering through.

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Obama Says Government 'Asleep At The Switch'

Updated: 12/18/2008 - President-elect Barack Obama says the government has been "asleep at the switch" when it comes to overseeing the nation's financial system.

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NAACP Report Find TV Networks Lagging In Diversity

Updated: 12/18/2008 - Nearly a decade after the NAACP condemned a "virtual whiteout" in broadcast TV, the civil rights group said major networks have stalled in their efforts to further ethnic diversity on-screen and off.

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Audit: FBI Agents Billed $45,000 Each For Iraq

Updated: 12/18/2008 - A new Justice Department report shows that FBI agents each billed an average of $45,000 in overtime during three-month tours in Iraq and were sometimes paid for watching movies, exercising and going to parties.

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Getty Endowment Drops by 25 Percent

Posted: 12/17/2008 - The J. Paul Getty Trust, which operates the world-famous Getty art museum in Los Angeles, says its nearly $6 billion endowment has tumbled by roughly 25 percent since June 30.

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Obama Team Advised To Spend More Than $600 Billion

Updated: 12/17/2008 - After consulting with economists from across the political spectrum, President-elect Barack Obama's advisers are contemplating an economic recovery plan that could cost as much as $1 trillion over two years.

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Curfew For Madoff As New Condition Of Bail

Updated: 12/17/2008 - The judge in the Bernard Madoff fraud case has set new conditions for his bail, including a curfew and ankle-monitoring bracelet for the disgraced investor.

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Anti-Piracy Force Thwarts Attack On Chinese Ship

Updated: 12/17/2008 - An international anti-piracy force thwarted the attempted takeover of a Chinese cargo ship off the Somali coast on Wednesday, sending in attack helicopters that fired on the bandits and forced them to abandon the ship they had boarded.

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SEC Chairman Says Agency Failed to Probe Madoff

Posted: 12/16/2008 - Securities and Exchange Commission chairman Christopher Cox said Tuesday his agency repeatedly failed for at least a decade to pursue allegations of wrongdoing by Wall Street figure Bernard L. Madoff, the alleged perpetrator of a $50 billion Ponzi scheme.

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