Marc Dreier, a high-profile New York lawyer who admitted to a $400 million investment fund fraud that unraveled at the same time as Bernard Madoff's huge swindle, was sentenced to 20 years imprisonment on Monday.

American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a national furor

Thousands of U.S. Marines stormed deep into Taliban territory in an Afghan valley on Thursday, marking the start of a major new effort by the Obama administration to regain the initiative in the war.

General Electric, the world's largest industrial company, has quietly become the biggest beneficiary of one of the government's key rescue programs for banks.

At the same time, GE has avoided many of the restrictions facing other financial giants getting help from the government.

Remember all that change Americans voted for in November? Well, there's been a change in the plans for change.

The detour has come courtesy of a familiar nemesis: DC lobbyists who, this year alone, have watered-down, gutted, or out-and-out killed ambitious plans for reforming Wall Street, energy, and health care.

Barely half of Americans are now confident that President Obama's $787 billion stimulus measure will boost the economy, and the rapid rise in optimism about the state of the nation that followed the 2008 election has abated, according to a new Washington Post-ABC News poll.

Americans are struggling to pay for healthcare in the ongoing economic recession, with a quarter saying they have had trouble in the past 12 months, according to a survey released on Monday.

The United States will order all its troops in Afghanistan to undergo new training after concluding that pilots violated orders in air strikes last month that it accepts may have killed as many as 86 civilians.

Mumia Abu-Jamal , Zblog, 15 June  2009

Having entered bankruptcy court (even a so-called 'structural' bankruptcy), General Motors (GM) is making history. It was once the titanic behemoth of American business, making more money than any other business.