It's official: U.S. is in recession
A panel of the National Bureau of Economic Research said Monday that the U.S. economy fell into a recession last year.

AP: Feds ignored meltdown warnings

The Bush administration ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

Winter weather slows travel in U.S.

Stranded airline passengers lingered in Chicago's airports Monday as a storm tapered off after delivering a wintry mix to Illinois including snow, gusty winds and ice that led to at least two traffic deaths.

Hudson's in-law arrested in deaths

Police arrested the estranged brother-in-law of Jennifer Hudson on Monday in the deaths of the entertainer's mother, brother and young nephew.

Shoppers in trampling death sought

A worker trampled to death when customers stormed a Wal-Mart for bargains on the day after Thanksgiving had no experience in crowd control and was placed at the entrance because of his size, police say.

Cost of 12 days of Christmas: $86,609
Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol, "The Twelve Days of Christmas."

N.M. baby dies from illness tied to formula
The New Mexico Health Department says a baby has died and another has been hospitalized due to a rare infection.

Opinion: BCS should reconsider 'plus-one' — fast

Opinion: Plan would go long way toward fixing system that's leaking credibility badly

Thai PM unable to quell crisis

An explosion killed one anti-government protester and wounded 22 others at Bangkok's blockaded Don Muang airport on Tuesday, an emergency services official said.

Fed chairman: Lower rates 'feasible'

Fed chief Ben Bernanke said that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive the economy.