WASHINGTON - The nation can't afford to wait for the economy to recover before tackling out-of-control medical costs, President Barack Obama is telling some of the most powerful players in the health care reform debate.
"If we want to create jobs and rebuild our economy, then we must address the crushing cost of health care this year, in this administration," Obama says in remarks prepared for delivery to a White House forum on the issue Thursday. Excerpts were released by the White House.
WINNIPEG, Manitoba - A Canadian judge ruled Thursday that a man accused of beheading and cannibalizing a fellow Greyhound bus passenger is not criminally responsible due to mental illness.
NEW YORK - Investors are having another change of heart and are selling stocks again after a one-day burst of optimism.
The major market indicators extended their slide to levels not seen in more than a decade Thursday, as investors contended with more disheartening economic data, fresh concerns about the stability of General Motors Corp., and ongoing uncertainty about the financial system.
NEW YORK - A stunning 48 percent of the nation's homeowners who have a subprime, adjustable-rate mortgage are behind on their payments or in foreclosure, and the rate for homeowners with all mortgage types hit a new record, new data Thursday showed.
But that's not the worst of it.
WASHINGTON - The number of U.S. troops who have suffered wartime brain injuries may be as high as 360,000 and could cast more attention on such injuries among civilians, Defense Department doctors said Wednesday.
WASHINGTON - British Prime Minister Gordon Brown called on Americans Wednesday to look up from their own tumbling financial markets to see a world gripped by an "economic hurricane" that could be turned around with U.S. help.
In a formal address to a Joint Meeting of Congress, Brown asserted all is not bad. He predicted that the global economy could double in size over the next 20 years as billions of people move from being producers to consumers.
WASHINGTON - The Obama administration kicked off a new program Wednesday that's designed to help up to 9 million borrowers stay in their homes through refinanced mortgages or loans that are modified to lower monthly payments.
Borrowers, however, are being advised to be patient in their efforts to get help because mortgage companies are likely to be flooded with calls.
THE HAGUE, Netherlands - The International Criminal Court issued an arrest warrant Wednesday for Sudanese President Omar al-Bashir on charges of war crimes and crimes against humanity in Darfur. He is the first sitting head of state the court has ordered arrested.
The three-judge panel said there was insufficient evidence to support charges of genocide in a war in which up to 300,000 people have died and 2.7 million have fled their homes.
WASHINGTON - President Barack Obama's top economic officials on Tuesday vigorously defended tax hikes in the administration's $3.6 trillion budget against Republican claims that they would affect nearly all Americans.
Treasury Secretary Timothy Geithner and White House Budget Director Peter Orszag, in separate appearances on Capitol Hill, stuck to the administration line that the president's budget would benefit 95 percent of working Americans.
JERUSALEM - U.S. Secretary of State Hillary Clinton promised Tuesday to work with the incoming Israeli government, but delivered a clear message that could put her at odds with the country's next leader: Movement toward the establishment of a Palestinian state is "inescapable."
At the same time, Clinton said she would not dictate orders to Israel, saying the Jewish state would determine its interests. In her first visit to the region as secretary of state, she also pledged "unrelenting" support for Israel's security.
WASHINGTON - The Federal Reserve on Tuesday rolled out a much-awaited program aimed at boosting the availability of credit to U.S. consumers and small businesses.
The Fed will lend up to $200 billion to spur consumer lending - for autos, education, credit cards and other consumer debt. The money will be used to provide financing to investors to buy up the debt.
CHICAGO - Paul Harvey, the news commentator and talk-radio pioneer whose staccato style made him one of the nation's most familiar voices, died Saturday in Arizona, according to ABC Radio Networks. He was 90.
Harvey died surrounded by family at a hospital in Phoenix, where he had a winter home, said Louis Adams, a spokesman for ABC Radio Networks, where Harvey worked for more than 50 years. No cause of death was immediately available.
DENVER - Oil prices jumped for a second consecutive day Thursday as the supply of crude, for months a secondary consideration to rapidly declining demand, appeared to gain force as a market mover.
Traders have followed economic data that suggested producers could not cut production fast enough to match falling demand.
BAGHDAD - Two Iraqi policeman opened fire Tuesday during a U.S. military inspection visit in northern Iraq, killing one American soldier and an interpreter in an attack that deepened worries of possible infiltration of security forces battling insurgents in their last major base.
The shooting at a police outpost in central Mosul - which left three other U.S. soldiers wounded - was the fourth attack in the region since late 2007 with suspected links to Iraqi security units, which have struggled to uproot al-Qaida in Iraq from strongholds in Iraq's third-largest city.
CHICAGO - Nadya Suleman's father told Oprah Winfrey on her talk show that his daughter was under duress before giving an interview to NBC's Ann Curry and should have been given time to recover from giving birth to octuplets.
"They took her out of the hospital by midnight to a secret location," Suleman's father Ed Doud told Winfrey on the show that aired Tuesday. "They did not even give her a chance to rest, to sleep, where she's still under medication and not feeling well.