Jobless claims surge to a 16-year high

Initial unemployment filings rise to 542,000 and number of Americans continuing on benefits nears 26-year high.

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Einstein's Formula Finally Proven

It's taken more than a century, but Einstein's celebrated formula e=mc2 has finally been corroborated, thanks to a heroic computational effort by French, German and Hungarian physicists.

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Obama Team Springs Leaks

Obama Campaign Was Tight-Lipped, But Rumors Are Now Disrupting Plan For Announcing Cabinet Nominees

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U.S. Attorney General Michael Mukaseyl Collapses During Speech

U.S. Attorney General Michael Mukasey collapsed while delivering a speech on national security at a hotel in Washington on Thursday, CNN reported.

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iPhone 2.2 firmware update available now

It's here. Google Street View, over the air Podcast downloads from iTunes and much more.

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What Recession? Bentley Debuts Its Most Opulent Car Ever

The economy has tanked, no one's buying cars anymore and the entire auto industry is in a tail-spin. But such things don't matter when you build cars that cost more than your neighbor's house, and Bentley's pulled the silk sheet off a convertible that brings new meaning to "over the top."

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Roger W. Ferguson For Treasury Secretary

Many Americans have lost confidence in our government and the actions of Treasury Secretary Henry Paulsen are a key reason why. Paulsen does not understand the system of relationships between financial institutions, companies, and their employees who are losing jobs. So he does not know where to apply the bailout money.

Many Americans have lost confidence in our government and the actions of Treasury Secretary Henry Paulsen are a key reason why. Paulsen does not understand the system of relationships between financial institutions, companies, and their employees.

The person I recommend to replace him and to serve President Obama, is Roger W. Ferguson. Dr. Ferguson was Vice Chairman of the Board of Governors of the Federal Reserve System. During 9-11 it was he who steered the World's financial system out o collapse by working with the G-7. Ferguson was at one point mentioned to be the President of Harvard University. Currently, he is CEO of TIAA / Cref and on President-Elect Obama's Transition Team.