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Clinton: US to 'vigorously' promote peace efforts

Updated: 03/03/2009 - U.S. Secretary of State Hillary Clinton promised Tuesday to work with the incoming Israeli government, but delivered a clear message that could put her at odds with the country's next leader: Movement toward the establishment of a Palestinian state is "inescapable."

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Obama aides to defend budget plan to Congress

Updated: 03/03/2009 - President Barack Obama is sending his Treasury secretary and budget director to Capitol Hill on Tuesday to defend his proposed tax increases, which are being met with misgivings by both Republicans and Democrats in Congress.

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Obama aides to defend budget plan to Congress

Updated: 03/03/2009 - President Barack Obama is sending his Treasury secretary and budget director to Capitol Hill on Tuesday to defend his proposed tax increases, which are being met with misgivings by both Republicans and Democrats in Congress.

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Obama hints missile shield flexibility to Moscow

Updated: 03/03/2009 - President Barack Obama has written to Russian President Dmitry Medvedev suggesting U.S. plans for a missile defense system in Eastern Europe might be unnecessary if Moscow helped in blocking Iran's progress toward building long-range missiles, senior administration officials said on Tuesday.

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Fed launches new $200B consumer credit program

Updated: 03/03/2009 - WASHINGTON (AP) -- The Federal Reserve on Tuesday rolled out a much-awaited program aimed at boosting the availability of credit to consumers and small businesses.

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Wall Street opens higher after massive drop

Updated: 03/03/2009 - NEW YORK (AP) -- Wall Street is higher in early trading after a massive sell-off and as the government announces details of a program designed to boost availability of credit.

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AP Source: GM may Buy Delphi Steering Operations

Updated: 03/03/2009 - A person familiar with the negotiations says General Motors Corp. is in serious talks to buy back a steering operation from its former parts arm Delphi Corp.

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Mortgage Delinquencies Up for 8th Straight Quarter

Updated: 03/03/2009 - The number of people who were late making their mortgage payments shot up 53 percent in the fourth quarter of 2008 from the same period in 2007, according to data provided by TransUnion LLC.

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Toyota in Talks for Japan Government Loan

Updated: 03/03/2009 - Toyota's financing unit is in talks with a Japanese government-backed bank on possible lending, the automaker said Tuesday, underlining the serious woes facing the car industry amid plunging global sales.

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Gov. Jindal Defends Message Of His GOP Speech

Updated: 03/03/2009 - Widely panned for his national TV address, Louisiana Gov. Bobby Jindal offered his first defense of the speech Monday, saying he sticks by the message, while acknowledging shortcomings in his delivery.

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Couric: Rodriguez Asked Her for Some Career Advice

Updated: 03/03/2009 - Career Counselor? On the "Late Show with David Letterman" Monday, Couric said she was speaking to Rodriguez frequently when he opted out of his contract in 2007, trying to convince him to do a "60 Minutes" interview.

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Cuba Shake-Up Raises Questions About US Relations

Updated: 03/03/2009 - Cuban President Raul Castro's decision to oust powerful officials close to his brother Fidel raises questions both about who will succeed him and how the biggest government shakeup since he took power a year ago will impact U.S.-Cuba relations.

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Citigroup To Lower Some Mortgage Payments

Updated: 03/03/2009 - Struggling bank Citigroup Inc. said Tuesday that it will lower mortgage payments for some homeowners to an average of $500 a month for three months as part of a new program to help the unemployed.

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Auto Company Sales Numbers Expected To Get Worse

Updated: 03/03/2009 - The automakers will report their February sales numbers today. Analysts expect them to be even worse than the month before, when sales posted a 37 percent decline from a year earlier.

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Hypothermia A Grim Concern For Missing NFL Players

Updated: 03/03/2009 - Two NFL players and a third man missing since their boat capsized off the Florida coast face dwindling odds of survival after more than two days in the water, though their size and good health could help them fend off hypothermia, authorities said.

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Officials Cite Broad Power For President In Memos

Updated: 03/03/2009 - In the wake of the Sept. 11 attacks, the Bush administration determined that certain constitutional rights would not apply as the U.S. stepped up its response to terrorism, according to documents released to the public for the first time.

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Lawmakers Take First Whack At Obama Budget Plan

Updated: 03/03/2009 - President Barack Obama is sending his Treasury secretary and budget director to Capitol Hill on Tuesday to defend his proposed tax increases, which are being met with misgivings by both Republicans and Democrats in Congress.

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Legislators React to Lt. Gov. Parkinson

Updated: 03/02/2009 - When Lt. Governor Mark Parkinson enters the Governor's Office he will have more on his plate than just choosing an Lt. Governor. The budget, coal fight, and several other issues are sure to keep him on his toes. Legislators are already talking about how well he will work with them.

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Madoff Seeks to Keep NYC Penthouse, $62M in Assets

Updated: 03/02/2009 - Bernard Madoff is seeking to keep a $7 million Manhattan penthouse and an additional $62 million in assets, saying they are unrelated to the fraud that authorities say cost victims more than $50 billion. In court papers filed Monday in U.S. District Court in Manhattan, Madoff and his lawyer claim the apartment, $45 million in municipal bonds and $17 million more in a separate account all belong to Madoff's wife, Ruth.

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