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U.S. Shed 467,000 Jobs In June

The Labor Department reported Thursday that U.S. businesses shed a bigger-than-expected 467,000 jobs in June. The unemployment rate rose slightly to 9.5 percent, the highest in nearly 26 years. The Dow Jones industrial average fell more than 200 points on the news.

Obama Disappointed By Jobs Numbers

President Obama said Thursday he is "deeply concerned" about unemployment. The remarks to The Associated Press came after the Labor Department said U.S. businesses shed 467,000 jobs in June and that the unemployment rate increased to 9.5 percent.

Marines Battles Taliban In Helmand Valley

Thousands of Marines have descended upon the Helmand River valley in Afghanistan, a Taliban stronghold that is known for poppy growing. The Marines plan to stay, one of the first concrete examples of the Obama administration's new strategy for Afghanistan.

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Chat While Reading: The Future Of Books?

BookGlutton.com, a new interactive site, allows readers to chat while reading. Could this mark the beginning of a change in how we read books?Listen To Windows Media Audio

Don't Stop 'Til You Get Enough Michael Jackson

It's been a week since Michael Jackson's death at 50 stunned the world. But seven days after the King of Pop stepped off stage and left us behind, it's clear we just can't seem to get enough of him.

Oscar Winner Karl Malden Dies At 97

The powerful, sensitive character actor with the twice-broken nose had stirring roles on the big screen — notably A Streetcar Named Desire — and was a hit on TV in The Streets of San Francisco. He later served as a pitchman for American Express.

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