AP
WASHINGTON - President Barack Obama as well as Democratic liberals and moderates all found something to like Wednesday in an emerging compromise to expand the role of government in the nation's health care system, raising hopes inside the party that passage of overhaul legislation might be within reach after a struggle lasting decades. Full Story »
AP
WASHINGTON - In President Barack Obama's hands, the $700 billion financial rescue fund offers a bit of bookkeeping magic: an opportunity to pay down the deficit while also spending more — thereby adding to it. Full Story »
AP
WASHINGTON - Franklin Roosevelt, confronted with the worst economic crisis in the nation's history, wrote the book on government jobs programs. Since FDR, presidents have been less ambitious because the economic challenges they faced were less severe. Full Story »
AP
COPENHAGEN - Declaring "it's a matter of survival," one of the world's tiniest nations, speaking for imperiled islands everywhere, took on global industrial and oil powers Wednesday at the U.N. climate conference — and lost. Full Story »
AFP/File
WASHINGTON - The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should be used to shrink soaring budget deficits. Full Story »
AP
A college degree may be more expensive today, but it's worth far less in the job market than it once was Full Story »
WASHINGTON - The government's $700 billion bailout of the financial system helped prevent an all-out panic last fall but hasn't met many of the targets Congress set out, a watchdog panel says. Full Story »
AP
BANGKOK - Asian stock markets mostly fell Thursday, extending losses to a third day, as shaky government finances continued to unnerve investors and weak economic figures in Japan raised more concerns about its recovery. Full Story »
WASHINGTON - A long-running effort to allow the import of lower-cost prescription drugs faces a new twist — President Barack Obama's administration is raising safety concerns that could effectively scuttle it, even though Obama backed the plan as a senator. Full Story »
WASHINGTON - The House voted Wednesday to extend $31 billion in popular tax breaks, including an income tax deduction for sales and property taxes, to be financed with a tax increase on investment fund managers and a crackdown on international tax cheats. Full Story »
AP
WASHINGTON - President Barack Obama's sweeping health care overhaul — now looking like a real possibility — should give uninsured Americans options they've never had before. Full Story »
AP
LONDON - The British government slapped a one-time tax of 50 percent on fat bank bonuses on Wednesday as it tried to win over recession-weary voters ahead of a looming general election. Full Story »
Reuters
CHICAGO (Reuters) - Traders have been scooping up Research in Motion's call options this week, betting the shares will benefit from a BlackBerry distribution deal in China and stronger-than-expected earnings. Full Story »
ATLANTA - Health officials in Vietnam are reporting what appears to be the largest cluster yet of Tamiflu-resistant swine flu cases — seven people who traveled together on a long train ride. Full Story »
CONCORD, Calif. - Oh Christmas tree, how puny are your branches. Full Story »
SAN FRANCISCO (Reuters) - Low interest rates will prevail through most of next year as the U.S. economy expands modestly and the unemployment rate remains stuck in double digits, the UCLA Anderson Forecast group said on Wednesday. Full Story »
AP
WASHINGTON - A staunch supporter of a public option to expand health care says he's encouraged by a Senate compromise on the troublesome issue. Full Story »
In the aftermath of a bruising advertising battle with Verizon Wireless that highlighted the limitations of AT&T's 3G network, an AT&T executive told investors that high-bandwidth iPhone users could face higher usage charges. Ralph de la Vega, AT&T's head of consumer services, told investors at a UBS conference in New York that people who consume a large amount of data would receive incentives to "reduce or modify their usage," the Associated Press reported. Full Story »
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