Global markets extend rout
European and Asian stock markets tumbled Thursday after recession fears sent Wall Street plunging the day before.
Oil dives below $50 to near a two-year low
Oil prices fell below $50 to near a two-year low Thursday as investors worried about plummeting stock markets and the global economy.
Napolitano eyed for Homeland Security
An early Barack Obama supporter from the southwestern part of the country, the former Arizona attorney general is a leading contender for the job of secretary of homeland security.
Retirement dreams give way to despair, anger
A rising number of people have seen their retirement plans evaporate. As 401(k)s dwindle, their dreams of golden years are being replaced by feelings of hopelessness and anger.
U.S. jobless claims jump to 16-year high
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.
McDonald's courts moms as emissaries
McDonald's has recruited mothers to go behind the scenes of the company's operations, meet senior executives and then communicate what they see via the Web in a bid to brighten its image.
Scoop: Jennifer Aniston gets a kick out of ‘Friends'
The "Marley & Me" star tells New York Times magazine, "This is horrible to say, but there are times when I laugh my rear end off."
Pakistan summons U.S. envoy
Pakistan summoned the U.S. ambassador Thursday to protest a suspected U.S. missile strike deep inside its territory as militants threatened revenge attacks unless the cross-border raids stop.
Governors pledge fight on global warming
Gov. Arnold Schwarzenegger, his counterparts in 12 states and regional leaders from four other countries signed a declaration Wednesday pledging to work together to combat global warming.
Massive search for S. Pacific fishermen
The New Zealand air force searched for 29 fishermen Thursday after the charred remains of their boat was found abandoned near the South Pacific island nation of Kiribati.
