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Helping Science, May Hurt Pro-Life Relations
President Obama kept a campaign promise Monday by overturning President Bush's restrictions on federal funding of embryonic stem cell research. But the stem cell executive order â and a companion presidential memo intended to rebuild the wall between politics and science â aren't helping the administration's efforts to reach out to the pro-life community.
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Barbie's Life-Sized Malibu Dream House
Happy Birthday Barbie! The iconic doll turns 50 Monday. As part of a marketing bonanza, Mattel has commissioned a life-sized Barbie Dream House in Malibu.
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3:00
Unemployment At Levels Not Seen Since 1983
The nation's unemployment rate in February was 8.1 percent. The Labor Department reports more than 651,000 jobs were eliminated last month. Employers are cutting their payrolls and looking for other ways to cut costs as the recession takes a bite out of their sales and profits.
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3:22
Layoffs Push Jobless Rate To 8.1 Percent
The nation's unemployment rate is at its the highest level since 1983. The jobless rate for February stands at 8.1 percent after employers slashed 651,000 jobs. Both figures were worse than what analysts had expected. Since the recession began in December 2007, the economy has lost 4.4 million jobs.
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0:41
Health Care: Just One Issue On Obama's Plate
The White House on Thursday hosts a summit designed to begin overhauling the nation's health care system. It's just one of the major issues President Obama is trying to tackle. Is it a good idea to have so many major issues in play at once?
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Supreme Court Rules Against Drug Company
The Supreme Court has ruled that people injured by drugs may file lawsuits against the manufacturers in state courts, even when the drugs involved had been approved by the Food and Drug Administration. The ruling came in the case of a guitarist who lost an arm because of a botched anti-nausea injection. She was awarded nearly $7 million in damages by a Vermont jury.
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Will AIG Need More Taxpayer Money?
The U.S. government has again propped up insurance giant AIG. It's the fourth time the government has intervened to save the company. The question is whether an additional $30 billion, on top of the $150 billion already committed, will be enough to save the company. Some analysts believe government aid to AIG will peak at $250 billion.
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Obama To Meet With British Prime Minister Brown
The global economic crisis tops the agenda as President Barack Obama meets with Britain's prime minister Tuesday. Gordon Brown is the first European leader to visit the new president. Brown will also address Congress during his U.S. visit.
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4:44
Stocks Hit Lowest Level Since 1997
The expanded bailout of AIG wasn't greeted too enthusiastically on Wall Street. The stock market plunged sharply Monday â closing down below 7,000 for the first time in 12 years.
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Obama Defends Plan As Economy Sinks
The U.S. economy continues to spiral downward. A report released Friday by the Commerce Department shows that the economy contracted at the end of last year by the fastest pace since 1982. This puts even more pressure on President Barack Obama, who this week presented his $3.6 trillion budget proposal. Saturday morning, the president said he knows he faces an uphill battle.
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