Business

Sens. John McCain, R-Ariz., from left, Jon Kyl, R-Ariz., partially hidden, and AP

Senate Dems may change health care compromise

AP – 1 hr 46 mins ago

WASHINGTON – Senate Democrats are considering changing a proposed expansion of Medicare to address complaints from doctors and hospitals and defray costs for consumers, officials said Thursday, two days after party leaders hailed it as part of a breakthrough for health care. Full Story »

  • Gov't mortgage plan provides little permanent help

    AP – Thu Dec 10, 6:28 pm ET  
    FILE - In this Feb. 23, 2009 file photo, a home is seen in San... AP

    WASHINGTON - The Obama administration's embattled mortgage relief plan has provided permanent help to only 4 percent of borrowers who have signed up, weak results that could threaten the housing market's recovery. Full Story »

  • China's consumer prices, industrial output up in Nov

    AFP – 1 hr 54 mins ago  
    Women shop for candied fruit snacks sold from the back of a bicycle... AFP

    BEIJING (AFP) - Consumer prices in China rose for the first time in nearly a year and industrial production picked up pace in November, while retail sales slowed slightly, the government said Friday. Full Story »

  • Economy - Thursday

    Investor's Business Daily – Thu Dec 10, 7:04 pm ET  

    Foreclosures fell almost 8% in Nov., the 4th straight drop from July's record high, RealtyTrac said. "Loan modifications and other foreclosure prevention efforts, along with the recently extended and expanded homebuyer tax credit, are keeping a lid on" foreclosures, said RealtyTrac CEO James Saccacio. But default notices, scheduled foreclosure auctions and bank repossessions rose 18% vs. a year ago to 306,627. California, Florida, Illinois and Michigan accounted for 52% of filings. Full Story »

  • Iraq to award contracts in new oil field auction

    AFP – 25 mins ago  
    File picture shows the Khor al-Umayah Oil Terminal south of the... AFP/File

    BAGHDAD (AFP) - Iraq was poised Friday to begin taking bids from major international energy companies for 10 oil fields as it seeks to ramp up output and become one of the world's biggest crude producers. Full Story »

  • Mortgage rates still below 5 percent

    AP – Thu Dec 10, 4:44 pm ET  

    McLEAN, Va. - Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. Full Story »

  • Calif. mortuary will pay for crushed boy's burial

    AP – Thu Dec 10, 3:02 pm ET  

    MODESTO, Calif. - A Northern California mortuary has offered to cover the funeral costs for a 5-year-old Modesto boy crushed by furniture as his family moved out of their foreclosed house. Full Story »

More Yahoo! News

World News

Newly enshrined among the world's great peacemakers, President Barack Obama offered a striking defense of war. Eleven months into his presidency, a fresh Obama doctrine. Evil must be vigorously opposed, he declared as he accepted the Nobel Peace Prize on Thursday. At the same time, he made an impassioned case for building a "just and lasting peace." Full Story »

Technology News

GAO: FCC must improve wireless industry oversight

AP – Thu Dec 10, 4:33 pm ET

Federal regulators receive tens of thousands of customer complaints about wireless services every year, but don't do enough to follow up or protect consumers who have problems with their mobile carriers, government auditors found. Full Story »

Science News

New fossils shed light on evolution of dinosaurs

AP – Thu Dec 10, 5:21 pm ET

Newly described dinosaur fossils from New Mexico are helping scientists better understand the early development of these ancient creatures. The 6-to-12 foot-long, meat-eating creature, Tawa hallae, is described in Friday's edition of the journal Science. Full Story »