Search results for

Iraq's parliament could vote as early as this week on a security pact with the United States that would allow American forces to remain there for three more years. The Iraqis overwhelmingly approved the deal Sunday.

President-elect Barack Obama has said the country is facing a major economic crisis and swift action is needed to resolve it. Obama made his comments in Chicago at his first news conference since his election victory Tuesday.

When he takes office in January, President-elect Barack Obama will face leadership challenges few would envy: a crippled economy, the Iraq war, rising gas prices and the threat of terrorism. Former Secretary of State Madeleine Albright offers advice on how the new president should confront the challenges ahead.

President-elect Barack Obama has named John Podesta, Valerie Jarrett and Pete Rauss co-chairs of his transition team. He has also named William Daley, Carol Browner, Federico Pena and Janet Napolitano to his advisory panel. Illinois Rep. Rahm Emanuel has been offered the job of White House chief of staff.

The Job Center in Dayton, Ohio, is busy these days. It's a one-stop center for help with food stamps, Medicaid, resumes, employment searches and classes for new skills. Forty-three agencies are under one roof.

There are indications that President-elect Barack Obama has chosen former Senate Majority Leader Tom Daschle to head the Department of Health and Human Services. The transition team won't confirm that.

Somali pirates have seized their biggest prize to date — a supertanker loaded with $100 million worth of Saudi oil. Meanwhile, the U.S.-backed Somali president warns his government is losing its hold on power.

Democrats in the Senate decided Tuesday that Joe Lieberman may keep his committee chairmanship — even though he campaigned for Republican John McCain. Democrats secretly voted 42-13 to let him remain chairman of the Homeland Security and Government Affairs Committee. His only sanction was being removed from the Environment Committee.

The chief executives of GM, Ford and Chrysler go before the Senate Banking Committee on Tuesday — ahead of this week's vote on a Democratic plan to provide their companies $25 billion in loans. Will Congress act before one of the Big Three has to declare bankruptcy?

Treasury Secretary Henry Paulson has reversed course, saying the government will not buy up banks' troubled assets. Instead, he has said, the administration will use part of the bailout money to buy stock in banks in an attempt to encourage them to lend.