A US Airways Group jetliner carrying about 150 people crashed into the Hudson River on after hitting a flock of birds. All passengers were safely evacuated.
In his farewell address, Bush planned to thank the public for the "countless acts of courage, generosity, and grace" during his two terms as president.
House Democrats are circulating an $825 billion economic stimulus measure that emphasizes health care, education and highway construction as well as tax cuts for individuals and businesses.
The Senate voted to release the second tranche of $350 billion in TARP funds, in a close vote that indicated lawmakers' uncertainty.
Economists in the monthly Wall Street Journal forecasting survey generally agree with the size of President-elect Barack Obama's stimulus package but remain divided on where the money should be spent.
Eric Holder, attorney general nominee, told a Senate confirmation hearing that waterboarding of terrorism suspects is torture
Subscriber Content Read Preview
Obama's choice to head the SEC promised to act aggressively to revitalize the embattled agency's enforcement efforts.
More than 2.3 million American homeowners faced foreclosure proceedings last year, an 81% increase from 2007.
With California near fiscal collapse, Schwarzenegger urged lawmakers to put aside partisan differences and close a ballooning budget gap.
Interest rates on home loans have fallen to 4.89%, but lenders say as many as half of those who want to refinance won't be approved.
The debate on campaign-finance laws has taken on new fervor in the wake of recent political scandals.
The stimulus plan's price tag neared $850 billion as negotiators decided to emphasize investments designed to spur job creation.
The Bush administration, in its last week in office, plans to sign a nuclear-cooperation agreement with the United Arab Emirates.
Aviation regulators have proposed sweeping changes to update employee training programs across the airline industry.
Federal officials charged an Indiana investment adviser with faking a distress call from an aircraft and intentionally crashing his plane.
A transit police officer who fatally shot an unarmed man in Oakland, Calif., was arrested and charged with homicide.
Recession-weary patrons are flocking to the library to update résumés, scan for job listings, and find entertainment.
A Wall Street Journal/NBC poll found strong backing for the stimulus plan but concern over its impact on the budget deficit.
Subscriber Content Read Preview
Obama's nominee to lead the SEC, Mary Schapiro, has infrequently pursued tough action against big Wall Street firms.
Harsh winter weather and frugal spending may have cast a pall on most retail sales, but the snowblower is proving recession-resistant.
Israeli airstrikes killed Hamas's security chief, providing a tactical victory for the Jewish state as it moved forces into the territory's urban areas.
A key Democratic senator introduced legislation that would delay the upcoming switch to digital TV to June 12.
Subscriber Content Read Preview