Bush gives automakers $17.4 billion lifeline

The Bush administration came to the rescue of the troubled U.S. auto industry Friday, offering $17.4 billion in loans in exchange for concessions from carmakers and their workers.

Obama team considers $850 billion stimulus

Eager to jolt a worsening economy back to life, President-elect Barack Obama's aides are assembling a two-year stimulus package that could cost $850 billion.

Rain brings mudslide fears to fire-scarred Calif.

Rains swept across Southern California on Wednesday, bringing flash flood warnings to areas already burned by wildfire.

Hard choices and challenges follow triumph

Barack Obama pledged to end the war in Iraq and defeat al-Qaida and the Taliban in Afghanistan. He ran on a platform to change the country and its politics. Now he must begin to spell out how.

Barack Obama elected 44th president

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