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World News

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Obama to seek 3-year freeze on spending to tame deficit

U.S. President Barack Obama plans to ask Congress for a three-year spending freeze on many domestic programs, in a move to underscore his seriousness about reducing the budget deficit.

US retail giant fires more than 11,000 workers

The U.S. retail giant Wal-Mart is firing more than 11,000 workers.

Voters return to GOP emptiness in MA Kennedy seat

In a stunning upset, a Republican in Massachusetts has apparently won the U.S. Senate seat held for nearly a half-century by one of the nation’s most liberal lawmakers, the late Edward “Ted” Kennedy.

Obama to request $1.3 Billion more for US schools

U.S. President Barack Obama plans to ask Congress for an additional $1.3 billion in grants to public schools. The president says keeping America’s students competitive with their peers around the world is a matter of economic necessity.

Five Americans in Pakistan allege torture

Five young Americans arrested in Pakistan on suspicion of trying to join militant Islamist groups allege they are being tortured in custody.

US President to big banks: ‘We want our money back’

U.S. President Barack Obama is calling on the country’s top banks to take responsibility for their role in the global financial crisis and repay the financial industry bailout in full.