Obama hails 'extraordinary gathering'

President-elect Barack Obama has returned to the White House for a private sit-down with President George W. Bush, less than two weeks before their official transfer of power.

Walters: Oklahoma can silence Big 12 critics with win

Walters: Oklahoma has an opportunity to validate every verbal bouquet tossed the Big 12's direction this season. The Sooners, losers themselves of four consecutive BCS bowls and no strangers to the "Over-rated!" chant, take on a Florida squad that is as fast and deep as anyone in the nation. And that might as well be playing a home game.

Economic news sends stocks lower
A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday.

BC fires coach over Jets interview

Boston College fired Jeff Jagodzinski on Wednesday, days after he was warned of dismissal if he interviewed for the coaching job with the New York Jets.

Holiday shoppers stuck to spending pledge

When it comes to holiday shopping, Americans have been great at saying they were going to cut back — but not so good at actually doing it. This year appears to be an exception.

Melamine found in more U.S. infant formula
The FDA says the industrial chemical melamine and a byproduct cyanuric acid have now been detected in four of 89 containers of infant formula made in the United States.

Reid: Burris may ultimately get seat

Senate Majority Leader Harry Reid said Roland Burris will not likely take Barack Obama's Senate seat until a court in Illinois rules on a dispute surrounding his appointment.

Obama pledges to curb spending

President-elect Obama says he'll have to juggle the competing interests of economic stimulus and deficit control, but that restoring general business health must come first.

Obama: Stimulus proposal could grow
In an interview with CNBC, President-elect Barack Obama said a planned economic stimulus plan could grow beyond $800 billion.