Reuters - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that many years of near-zero rates will do little to return economic output to pre-recession levels and risks causing "disaster."
Reuters - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.
The United States has moved to freeze assets of Iran's government and financial institutions, saying they had engaged in "deceptive practices," President Barack Obama's administration announced Monday.
AP - About three dozen parents and supporters have staged a protest at the Los Angeles-area elementary school rocked by allegations of lewd conduct crimes by two teachers against children.
AP - Josh Powell's note was simple and short, a farewell to the world after two years of being scrutinized in the media, hammered by police and questioned by judges, prosecutors and social workers, living his life under a microscope since the day his wife vanished.
AP - President Barack Obama's call to shrink the military, shut bases and cancel weapons to meet the demand for budget cuts tests the resolve of lawmakers who came to Washington determined to slash the deficit.
AP - Greece's coalition government on Monday caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.
AP - President Barack Obama levied tough new sanctions on Iran's Central Bank Monday amid increased tensions over Tehran's nuclear program and the specter of an Israeli attack on the Islamic republic.
Reuters - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed.
Reuters - bolstered by a stronger economic outlook and recent job growth - would win in a match-up against the two leading Republican presidential candidates Mitt Romney and Newt Gingrich, a poll on Monday showed.
Reuters - Boeing Co shares slipped on Monday, the day after the plane maker said it must correct a fuselage support structure problem on some of its carbon-composite 787s, a glitch experts said could slow production.
Reuters - U.S. stocks dipped on Monday as a delay by debt-ridden Greece in accepting the terms of a bailout gave investors little reason to buy equities after a five-week rally.
AP - Swiss bank Julius Baer Group said Monday that it might have to pay a fine to settle allegations it helped American clients cheat on their taxes, but cautioned investors that the final outcome of the case was still uncertain.
AP - Republican presidential candidate Newt Gingrich says his consulting group never lobbied for clients. But his business hired state and federal lobbyists to work with clients, and some staff left to take lobbying jobs, according to lobbying disclosures and corporate reports.
AP - Politicians of all stripes in this election year are clamoring for simplifying the tax code and closing loopholes. But that would mean Americans could lose some of their prized deductions.
AP - Politicians of all stripes in this election year are clamoring for simplifying the tax code and closing loopholes. But that would mean Americans could lose some of their prized deductions.
AP - Oil prices fell Monday as talks stalled on a Greek debt deal needed to avoid a disastrous default, raising concerns about the region's economy and future demand.
AP - Mitt Romney has added to his lead in the race for delegates now that Republican officials in Nevada finished the vote count from Saturday's presidential caucuses.
The rhetoric on immigration seems to be toning down in some states. Kansas, for instance, is seeking a waiver from the Department of Homeland Security to allow agricultural employers to possibly hire illegal workers.
AP - A coalition of black ministers in Detroit called Monday for U.S. Senate candidate Pete Hoekstra to apologize for his Super Bowl ad featuring a young Asian woman speaking broken English to describe the impact of the Democratic incumbent's economic policies.
AP - A developing Senate plan that would bolster the government's ability to regulate the computer security of companies that run critical industries is drawing strong opposition from businesses that say it goes too far and security experts who believe it should have even more teeth.
Reuters - The Federal Reserve should start raising interest rates next year, a top Fed official said on Monday, arguing that even if rates stay near zero for many years, U.S. economic output will not bounce back to pre-recession levels.
AP - France and Germany on Monday sought to impose tighter controls on Greece's finances and warned political leaders in Athens to agree on new austerity measures soon if they didn't want to see their country go bankrupt.
Reuters - Humana Inc reported a quarterly profit that met analyst estimates, but the health insurer failed to raise its full-year forecast up to Wall Street's target and its shares fell 5.4 percent.
Reuters - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein, one of Wall Street's most powerful figures, has become the first major business leader to join a national media campaign in support of same-sex marriage.
Reuters - The United States said on Monday it has struck a deal sparing U.S. exporters from hundreds of millions of dollars in European and Japanese trade retaliation in a dispute over how Washington calculates anti-dumping duties on steel and other goods.
AP - Mitt Romney's remark that he's not worried about the very poor, the latest gaffe in a campaign rich with blunders, joins a long list of wait-let-me-explain episodes in presidential election history.
AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.
Reuters - To get an idea of the economic mountain euro zone strugglers Greece and Portugal have to climb, consider this: per million inhabitants, they each filed fewer than eight applications with the European Patent Office in 2010.
AP - President Barack Obama said the U.S. has a "very good estimate" of when Iran could complete work on a nuclear weapon, but cautioned that there are still many unanswered questions about Tehran's inner workings.
AP - President Barack Obama said the U.S. has a "very good estimate" of when Iran could complete work on a nuclear weapon, but cautioned that there are still many unanswered questions about Tehran's inner workings.
Reuters - Dan Pugh wishes he had a bigger tractor and his wife Laura worries about their chickens in the winter weather. But as new farmers putting down roots in rural Missouri, the Pughs are counting on more rewards than regrets in trading their city lives for the country.
AP - President Barack Obama says the rise of political action committees guarantees that there will be a lot of negative ads in the lead-up to November's presidential election.
AP - The U.S. ambassador to the United Nations is keeping up the Obama administration's pressure on Egypt to release 19 Americans facing trial on allegations of encouraging unrest in the country.
AP - The German government says strong demand from outside the eurozone helped the country's industrial orders rise a stronger-than-expected 1.7 percent in December.
Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.
Reuters - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.
Reuters - An "intentional" house explosion on Sunday near Tacoma, Washington killed the husband and two sons of a Utah woman missing since December 2009, fire department officials said.