It was a move that makes clear the importance of Obama's Chicago political connections as he moves to take the reins of power in Washington.

Sharpton has been feuding with the Federal Election Commission for years over his accounting in his failed run for president, for which he received $100,000 in government matching funds that authorities later concluded he did not deserve because he hadn't

A fighter for al-Shabab, a radical Islamic group at the heart of Somalia's deadly insurgency, Ismail was clearly emboldened. His comrades advanced to within miles of Somalia's capital in the last few days, seizing vast territory in recent weeks and

Fortunately for the Eagles, neither did Washington.

Despite falling to 1.2389, EUR/USD's rebound from there invalidated the triangle consolidation scenario and suggests that consolidation from 1.2329 is still in progress. The current interpretation is that wave a of the consolidation has completed at 1.3290, wave b at

EUR/JPY dipped to 117.67 last week but rebounded strongly from there. The development suggests that fall from 131.02 to 117.67 is corrective in nature and in turn argues that rebound from 113.63 is still in progress. Further rise is mildly

USD/CAD's rebound from 1.1464 extended further to as high as 1.2445 last week but retreated mildly since then. With 4 hours MACD staying below signal line, some sideway trading could be seen initially this week. Nevertheless, as discussed before, correction

GBP/JPY's fall from 165.02 extended further to as low as 13.88 but recovers mildly after hitting 139.02 low. Nevertheless, initial bias remains on the downside this week as long as 147.62 minor resistance holds. Firm break of 139.02 will confirm

At an emotional promotion ceremony, Dunwoody looked back on her years in uniform and said it was a credit to the Army — and a great surprise to her — that she would make history in a male-dominated military.

Housing progress is painfully slow

The most likely outcome: an effort to sharpen the world's eyes watching for the kind of dangerous investing that led to the present chaos.

USD/JPY fell to as low as 94.47 last week but rebounded strongly from there. Such development argues that fall from 100.54 to 94.47 is in three wave corrective structure which in turn suggests that whole rebound from 90.92 is still

The shuttle rose off its launch pad at 5:55 p.m. Tucson time, right on schedule, in a brilliant flash of light visible for miles.

2 more bodies likely tied to drug violence

But efforts to restore them have erupted into a bitter dispute in this town of about 800, with school officials blocking the exercise from classrooms over concerns that it holds children who don't take part up to scorn.

Pope Benedict spoke about the role of laypeople in the church on Saturday, as he greeted members of the Pontifical Council for the Laity at the Vatican. We have this report...

Pope Benedict XVI greeted the participants of the 13th annual conference of the Pontifical Council for Pastoral Health on its closing day. The theme for this year's conference was the "Pastoral Care for Sick Children." We have this report...

Continued fighting in Mindanao in the Philippines between government troops and the rebel Moro Islamic Liberation Front has led to the displacement of 66,000 people. The International Committee of the Red Cross has been working in Mindanao to provide food,