As Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is in the awkward position of paying about $30 million in retention bonuses to keep top executives while the company cuts thousands of jobs.

It began with the banks. Then house prices began to tumble. In the months that followed, the shock waves spread, engulfing first high streets, then factories - and thousands of jobs. In this gripping account, Paul Vallely travels across Britain to meet...

This town, 59 feet above sea level, is the most underwater community in America. Because of plunging home values, almost 90 percent of homeowners here owe more on their mortgages than their houses are worth, according to figures released Monday.

SHANGHAI -- China on Sunday announced a huge economic stimulus package aimed at bolstering its weakening economy and perhaps helping fight the effects of a global economic slowdown.

The loss in Iceland after its economic collapse goes beyond the personal, shattering a proud country's sense of itself.

14 Years of civil war. Many were "drafted" to fight at age 10. Now they are 24-26. No trade, no education, no job, no hope? Right now all they know how to do is kill;but many as this photo essay shows just want to learn a trade, live a life- 2nd chance?

The crisis in Cameroon might have generated few headlines abroad, but the violence shows how soaring oil and food prices on global markets are threatening the patronage systems propping up some of Africa's longest-serving leaders.

A supervisor at a motivational coaching business in Provo is accused of waterboarding an employee in front of his sales team to demonstrate that they should work as hard on sales as the employee had worked to breathe.

Angola has been the scene of violent conflict for more than 40 years, beginning with its war for independence from Portugal, which ended in 1975. A 27-year civil war followed, killing at least 1.5 million people and uprooting more than 4 million.

Schafer rejected senators' calls to ban from slaughter any cattle unable to walk. "Downer" cows are at higher risk of carrying E. coli and Salmonella bacteria and of having the wasting neurological illness known as mad cow disease. The standoff...