WASHINGTON (Reuters) - Data released Wednesday showed U.S. prices dropped at a record pace in October and prospects dimmed for an American auto bailout as global economies wrestled with what the European Central Bank chief termed the globe's worst financial crisis since World War Two. Read more »

CHICAGO (Reuters) - Barack Obama said Tuesday the United States would "engage vigorously" in climate change talks when he is president, and he pledged to work to reduce emissions sharply by 2020, despite the financial crisis. Read more »

CHICAGO (Reuters) - President-elect Barack Obama selected Tom Daschle, a heavyweight former senator, to be his health secretary Wednesday, while former President Bill Clinton took steps to help secure his wife the nation's top diplomatic job. Read more »

CHICAGO (Reuters) - U.S. President-elect Barack Obama and vanquished rival John McCain met for the first time since the Nov. 4 election Monday, pledging to work together to face the financial crisis and other national challenges. Read more »

(Reuters) - In his first sit-down interview since winning the Nov. 4 presidential election, President-elect Barack Obama spoke about the economic crisis, national security concerns and more personal topics in an interview with CBS's "60 Minutes" Sund Read more »

Alaska Sen. Ted Stevens says he's not dropping out of his Senate race despite being convicted of seven corruption charges. Stevens accused the Justice Department of unconscionable behavior in his prosecution and asked Alaskans and Senate colleagues to stand by him as he appeals the conviction. The conviction threatened to end the 40-year career of Alaska's political patriarch in disgrace. In a statement released by his Senate office, Stevens asserted his innocence and said he would appeal. He was convicted of lying about $250,000 in home renovations and other gifts from a wealthy oil contractor. Read more »

Attorneys for Sen. Ted Stevens say the FBI recorded more than 100 of the Republican lawmaker's phone conversations. Jurors could hear those calls later this month when Stevens stands trial on charges of lying about hundreds of thousands of dollars in home renovations and other gifts he received from an oil contractor. Read more »