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Retirement dreams give way to despair

A rising number of people have seen their retirement plans evaporate. As 401(k)s dwindle, their dreams of golden years are being replaced by feelings of hopelessness and anger.A rising number of people have seen their retirement plans evaporate. As 401(k)s dwindle, their dreams of golden years are being replaced by feelings of hopelessness and anger.

Thu, 20 Nov 2008 14:51:12 GMT
U.S. jobless claims jump to 16-year high

New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market.

Thu, 20 Nov 2008 16:03:48 GMT
Pirates free two ships after ransoms paid

Hijackers have reportedly demanded a $25 million dollar ransom for the release of the oil tanker Sirius Star, seen here anchored off the coast of Somalia on Wednesday.Somali pirates released two hijacked ships after ransoms were paid, U.S. military officials said Thursday.

Thu, 20 Nov 2008 15:28:10 GMT
NYT: Daschle poses conflict-of-interest test

Nov. 19: Turning once again to a political veteran for his new team, President-elect Barack Obama chose former Senate Majority Leader Tom Daschle as his nominee forHealth and Human Services chief. NBC's Andrea Mitchell reports. (Nightly News)The choice of Tom Daschle for secretary of health and human services poses questions about how broadly Barack Obama will apply campaign promises to limit conflicts of interest among appointees.

Thu, 20 Nov 2008 15:55:03 GMT
U.S. shifts its approach in Iraq

U.S. soldiers look on as Iraqi girlswho sing in a choir are photographed prior toperforming in the Peace Concert at Zawrak Park, in central Baghdad, on Nov. 7.With violence down sharply this year, the U.S. military is broadening its efforts to reconcile Sunnis and Shiites.

Thu, 20 Nov 2008 08:17:00 GMT
Oil hits 3-year low; gas below $2 in many states

Oil prices have hit levels not seen in more than three years and retail gasoline prices are below $2 in nearly half of the country.

Thu, 20 Nov 2008 16:37:27 GMT
Bush to sign legislation to extend jobless aid

Because of the tight job market, the White House says President George W. Bush would sign legislation pending in Congress to further extend unemployment benefits.

Thu, 20 Nov 2008 15:17:20 GMT
3 airports opening new runways

A worker at Chicago's O'Hare International Airport walks along a new runway  one of three multimillion-dollar runways that opened at major U.S. airports on Thursday.At some major U.S. airports today, youd hardly know theres an economic slowdown. In Seattle, Chicago and near Washington, D.C., new runways are being opened up today. This, despite a projected 10 percent drop in domestic flights this winter.

Thu, 20 Nov 2008 16:00:12 GMT
eHarmony agrees to provide same-sex matches

Online dating service eHarmony said Wednesday it will launch a new Web site which caters to same-sex singles as part of a discrimination settlement with New Jersey's Civil Rights Division.

Thu, 20 Nov 2008 14:38:32 GMT
New BlackBerry is good iPhone challenger

The BlackBerry Storm costs $199.99 after committing to a two-year contract with Verizon Wireless and a $50 mail-in rebate.Review: BlackBerry fans can rejoice: the Storm, Research In Motions first all-touchscreen Blackberry will make even iPhone users salivate just a little bit over some of the features of this very slick and sophisticated smartphone.

Thu, 20 Nov 2008 04:59:42 GMT
Napolitano eyed for Homeland Security

Oct. 31: NBCs David Gregory speaks with Gov. Janet Napolitano, D-Ariz., on her feelings about the presidential race and the new presidential ad campaigns in her home state.(Other)An early Barack Obama supporter from the southwestern part of the country, the former Arizona attorney general is a leading contender for the job of secretary of homeland security.

Thu, 20 Nov 2008 13:55:40 GMT
Pakistan summons U.S. envoy

Pakistan summoned the U.S. ambassador Thursday to protest a suspected U.S. missile strike deep inside its territory as militants threatened revenge attacks unless the cross-border raids stop.

Thu, 20 Nov 2008 11:52:04 GMT
Michael Jackson to testify in London

A photo released in August 2005 shows Michael Jackson withSheikh Abdullah bin Hamad Al Khalifa, left.Al Khalifa says the pop star reneged on a contract for an album, a candid autobiography and a stage play, after accepting millions in advances.Michael Jackson's lawyer says the pop star has agreed to come to London to respond to a Bahraini sheik's $7 million lawsuit.

Thu, 20 Nov 2008 14:20:50 GMT
ConsumerMan: Shady retirement seminars

Many Americans nearing retirement are bombarded with invitations to attend financial management seminars. A free lunch is offered. But that lunch may prove to be pricey.

Thu, 20 Nov 2008 12:42:28 GMT
Ocho Cinco benched for breaking team rule

Chad Johnson, who has played in every game for the 1-8-1 Bengals, has 41 catches for 383 yards and is tied for the team lead with four touchdown receptions.The Cincinnati Bengals say Chad Ocho Cinco, the wide receiver formerly known as Chad Johnson, will be deactivated for Thursday nights game with the Pittsburgh Steelers for violating a team rule.

Thu, 20 Nov 2008 15:35:36 GMT
Over 1,000 melamine babies still in hospitals

Over a thousand Chinese infants are still in hospital receiving treatment for kidney damage caused by tainted milk, China's Health Ministry said on Thursday, more than two months after the scandal broke.

Thu, 20 Nov 2008 14:40:15 GMT
McDonald's courts moms as emissaries

Moms Gilda McHenry, of Downingtown, Pa., left, andTonia Welling, of Bentonville, Ark., are shown how McDonald's fries are made by plant manager Horst Ellendt during a tour of supplier Lamb Weston's factory in Hermiston, Ore.The visit was part of the McDonald's Moms' Quality Correspondents program.McDonald's has recruited mothers to go behind the scenes of the company's operations, meet senior executives and then communicate what they see via the Web in a bid to brighten its image.

Thu, 20 Nov 2008 16:22:46 GMT
Governors pledge fight on global warming

Gov. Arnold Schwarzenegger, his counterparts in 12 states and regional leaders from four other countries signed a declaration Wednesday pledging to work together to combat global warming.

Thu, 20 Nov 2008 14:46:58 GMT
Ex-Gitmo detainee to taste freedom

Australian police said Thursday they will stop restricting the movements and communications of a former Guantanamo Bay detainee.

Thu, 20 Nov 2008 09:13:44 GMT
Massive search for S. Pacific fishermen

The New Zealand air force searched for 29 fishermen Thursday after the charred remains of their boat was found abandoned near the South Pacific island nation of Kiribati.

Thu, 20 Nov 2008 13:23:16 GMT
U.S.: Raid kills militant blamed in GI death

Retired Army Lt. Gen.James Campbell, right, escorts Carolyn and Keith Maupin as they follow the casket of their son Staff Sgt. Matt Maupin during a memorial service at Great American Ball Park in Cincinnati onApril 27.An al-Qaida in Iraq leader blamed in the 2004 abduction and murder of an Army reservist and other deadly attacks was killed in an American raid in Baghdad, the U.S. military said Thursday.

Thu, 20 Nov 2008 13:46:28 GMT
Scoop: Jennifer Aniston gets a kick out of Friends

Jennifer Aniston's rise from sitcom sweetheart to Sundance star.The Marley & Me star tells New York Times magazine, This is horrible to say, but there are times when I laugh my rear end off.

Thu, 20 Nov 2008 02:30:26 GMT
Obama pledged change, picks insiders

Nov. 20: Former President Bill Clintons foreign business dealings could derail Hillary Clintons chances of serving in an Obama administration. NBCs Lisa Myers reports.(Today Show)President-elect Barack Obama promised the voters change but has started his Cabinet selection process by naming several Washington insiders to top posts.

Thu, 20 Nov 2008 12:42:36 GMT
Community colleges suddenly in spotlight

Long the neglected stepchildren of American higher education, community colleges have come front-and-center in the eyes of students, policymakers and philanthropists.

Wed, 19 Nov 2008 22:50:53 GMT
Bush set to relax rules protecting species

Animals in danger of becoming extinct could lose the protection of government experts who make sure that dams and other projects don't pose a threat, under a regulation the Bush administration is set to put in place.

Thu, 20 Nov 2008 16:13:01 GMT
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