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WHO raises pandemic alert level; more swine flu cases feared

The World Health Organization raised its pandemic alert level in response to the outbreak of swine flu that originated in Mexico, as the global count of confirmed cases increased and governments initiated various steps to try to stem the spread. More

Tags: health care

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Senate follows House, passes Obama budget plan

The Senate passed a $3.53 trillion version of the federal budget for fiscal year 2010 late Thursday night in a party-line vote, ending several weeks of acrimonious partisan debate. The package was approved on a 55-43 vote. GOP Sens. Arlen Specter of Pennsylvania, and Olympia Snowe and Susan... More

Tags: budget and tax, congress

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Treasury pressure leads to AIG scaling back bonuses

Under pressure from the Treasury Department, insurance giant AIG plans to scale back bonuses and compensation for some of its top-earning employees. CNN obtained a letter Saturday from AIG Chairman and CEO Edward Liddy to Treasury Secretary Timothy Geithner, in which Liddy pledges in the letter to.. More

Tags: economy

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Senators reach deal on stimulus, vote expected Tuesday

U.S. senators began debate on a massive economic-recovery package Friday evening, after a working coalition of Democrats and some Republicans reached a compromise that trimmed billions in spending from an earlier version. Senate Majority Leader Harry Reid says vote could come on Tuesday. More

Tags: budget and tax, congress, economy

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Officials: Panetta to be tapped for CIA director

Leon Panetta, chief of staff in President Clinton's White House, will be President-elect Barack Obama's choice to be CIA director, two Democratic officials told CNN on Monday. The officials also said that retired Adm. Dennis Blair, who formerly headed the U.S. Navy's Pacific Command, will be... More

Tags: national security, election 2008, democrats, Barack Obama

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What Obama promised Biden

Before he accepted Barack Obama's offer to join his presidential ticket, Joe Biden got a promise from Obama: that he would be there for "every critical decision," Biden said in an interview broadcast Sunday. Speaking to ABC's "This Week," Biden said he believes the vice president's role is to... More

Tags: election 2008, democrats, Joe Biden, Barack Obama

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Obama ups jobs goal to 3 million on bad economic news

President-elect Barack Obama has decided to increase his goal for creating new jobs after receiving economic forecasts that suggest the economy is in worse shape than had been predicted, two Democratic officials told CNN. The officials said Obama is increasing his goal from 2.5 million to 3... More

Tags: economy, election 2008, democrats, Barack Obama

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McCain unsure if he'd support Palin for president

Sen. John McCain said Sunday he would not necessarily support his former running mate if she chose to run for president. Speaking to ABC's "This Week," McCain was asked whether Alaska Gov. Sarah Palin could count on his support. "I can't say something like that. We've got some great other young... More

Tags: election 2008, republicans, John McCain

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Job picture could get even worse

In November, the U.S. economy shed jobs at the fastest rate in 34 years - and experts say December could be even worse. With the economy in a recession and most indicators signaling even more difficult times ahead, economists say job losses will likely deepen and continue through at least the... More

Tags: economy

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Volcker to head board of economic experts

President-elect Barack Obama announced Wednesday that he is creating a new economic recovery board to provide a "fresh perspective" for his administration. The board will be headed by Paul Volcker, who served as the chairman of the Federal Reserve from 1979 through 1987, serving under Presidents... More

Tags: economy, election 2008, democrats, Barack Obama

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U.S. Stocks Close Crazed Session With Large Surge Higher

U.S. stocks raced higher Thursday as a downtrodden market in one crazed session nearly recouped three days of stiff losses, with the Dow Jones Industrial Average tallying its third-biggest point gain after wild swings in both directions. The rally capped a day that featured largely bleak news on... More

Tags: economy

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Economy most important issue, polls show

The first exit polls out Tuesday reflect what voters have said all along: The economy is by far the top issue on their minds. Sixty-two percent of voters said the economy was the most important issue. Iraq was the most important for 10 percent, and terrorism and health care were each the top issue.. More

Tags: economy, election 2008, democrats, Barack Obama, republicans ... more

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'It's gonna get nasty' in final days before election

With just days to go before Election Day, Sen. Barack Obama is warning his supporters that things are going to get unpleasant fast -- and that the race will come down to every last vote. More

Tags: election 2008, democrats, Barack Obama, republicans ... more

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Palin's 'going rogue,' McCain aide says

With 10 days until Election Day, long-brewing tensions between GOP vice presidential candidate Gov. Sarah Palin and key aides to Sen. John McCain have become so intense, they are spilling out in public, sources say. More

Tags: election 2008, republicans, John McCain

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Poll: 7 of 10 say candidates' race not a factor in their vote

A new national survey suggests that race won't be a major factor in the outcome of the presidential election. Seven out of 10 -- or 70 percent -- of Americans questioned in a CNN/Opinion Research Corp. Survey released Friday said the race of the candidates will not be a factor in their vote for... More

Tags: election 2008, democrats, Barack Obama, republicans ... more

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