Interest Rate Increase Likely in the Future
Federal Reserve policymakers meet this week to discuss when to start raising interest rates. Insiders say once the economic recovery is fully entrenched, an increase will be necessary to keep inflation in check.
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Winds, Rain Wreak Havoc in Northeast
At least five people are dead and hundreds have been left without power after torrential rains and winds slammed the northeast, just weeks after record breaking blizzards struck the region.
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Vatican Denies Link Between Celibacy and Sex Abuse
The Vatican says the celibacy requirement for priest and others who take religious vows is the root cause of the clerical abuse scandal and defended the Pope's handling of the situation.
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Feds Probe Burbank PD
An FBI investigation into the Burbank Police Department has revealed a plethora of allegations, including racial discrimination and the theft of internal affairs files.
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GOP Keeping Hopes Up for California Victory
The GOP left its weekend meeting in Santa Clara hopeful for a win over Senator Barbara Boxer as well keeping the governor's seat in the next election. Republicans have historically fought to keep a foothold in a state long considered to be Democrat country.
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U.S. Ponders Future of Nuclear Weapons in Europe
The U.S. is cautiously re-evaluating the role and future of its nuclear arsenal in Europe. Sources close to the Obama camp say NATO would have to be consulted before taking any action.
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