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Sen. Judd Gregg, R-N.H., ranking Republican on the Senate Budget Committee, talks to reporters about the deficit in Washington. (Photo by Susan Walsh / AP)

US budget deficit reaching for $1.2T

The sharp slowdown in the U.S. economy will push the federal budget deficit to more than $1 trillion, says the nonpartisan Congressional Budget Office.

BBC

Jobs, earnings woes weigh on stocks

BusinessWeek

Obama names Nancy Killefer chief performance officer

Pres.-elect Barack Obama announced Nancy Killefer as his pick to be chief performance officer.

CNN

Waste czar appointed

MSNBC

Israel resumes Gaza campaign after halt

Israel pressed on with its war against Hamas in Gaza as diplomatic gears began to grind in earnest to come up with a negotiated end to the fighting.

International Herald Tribune

Israel accepts 'principles' of ceasefire proposal

BBC

Brief ceasefire expires

MSNBC

Most exclusive lunch club ever

Pres.-elect Barack Obama hailed a rare Oval Office gathering of U.S. presidents as an extraordinary event, while Pres. George W. Bush reminded everyone that the office "transcends the individual."

CBS News

EU calls for immediate solution as supplies of Russian gas are cut

All gas supplies to Europe via Ukraine were shut down as the pricing dispute escalated between Russia and Ukraine.

International Herald Tribune

Russia's Gazprom diplomacy: turning off Europe's heat

TIME

Europe running out of gas

YouTube

NATION

Floods threaten Northwest, ice snarls Northeast traffic

Extreme weather hit both coasts, with heavy rainfall, flooding and the threat of avalanches in the Northwest, and snow, ice and heavy rain in the Northeast.

USA Today

Job weakness continues, reports show

ADP says the private sector shed 693,000 jobs in December, while Challenger shows employers unveiled 166,348 job cuts.

CNNMoney

Movers: Intel, Time Warner, Alcoa, Monsanto, Family Dollar stores

BusinessWeek

POLITICS

Senate Democrats seem to be closer to Burris decision

Senate Majority Leader Harry Reid says Roland Burris will not likely take Barack Obama's Senate seat until a court rules on the dispute surrounding his appointment.

USA Today

Column:

'Paying no heed to what's right or wrong'

Chicago Sun-Times

Reid: Burris not credentialed

CNN

Obama offers CNN's Gupta US surgeon general post

President-elect Barack Obama asked neurosurgeon and CNN medical correspondent Dr. Sanjay Gupta to be U.S. surgeon general.

Reuters

Sanjay Gupta approached for Surgeon General

YouTube

SCIENCE & TECHNOLOGY

LG pushes ahead despite backpedaling consumer economy

Despite the troubled economy and an expected drop in consumer purchases, LG Electronics said it doesn't plan to reduce its marketing and research spending in 2009.

CNET News

Apple cuts iTunes song prices

Apple is cutting the price of some songs in its iTunes online store to as little as 69 cents and plans to make every track available without copy protection.

San Francisco Chronicle

LIVING & ENTERTAINMENT

Swayze 'may live only 2 years'

Speaking in his first U.S. TV interview since being diagnosed with pancreatic cancer, actor Patrick Swayze said he may survive only two years.

BBC

Ron Asheton: 'You just play 'til you drop'

Ron Asheton, the guitarist from The Stooges, has died at age 60. He never became a household name like Iggy Pop did, but Ron's raucous guitar parts laid the groundwork for so much rock 'n' roll to come.

Entertainment Weekly

SPORTS

Celtics can’t stop slide in Charlotte

The backcourt combination of D.J. Augustin and Raymond Felton made the difference as the Bobcats won 114-106 in overtime.

Boston Herald

Hornets end Lakers' home win streak

The New Orleans Hornets snapped the Los Angeles Lakers' 15-game home winning streak with a 116-105 victory.

Sports Network

RELIGION & SPIRITUALITY

Bishop's new film focuses on love, family and marriage

"Not Easily Broken," the latest faith-based feature film from Bishop T.D. Jakes, touches upon themes of marriage, family and romance. But it's not a "chick flick."

San Jose Mercury News

Police raid New Orleans church

Police cleared out two New Orleans Catholic churches occupied by former parishioners opposed to the archdiocese's decision to close them.

Examiner

Columns And Op-Ed

The opinions in the items below are not necessarily those of DailySource or our editors. Read more.

Site edited by: Jameson O'Neal, Ashley Nawn, Rachel Barrus, Sanaz Ariya and Catherine Lux.

GOOD NEWS

Fort Worth couple adopts 9 children

John and Marie Ornelas are a Fort Worth, Texas, police husband-wife team who were both school liaison officers.

HappyNews.com

Kevin Sharp plays Make-A-Wish concert

Platinum-award winning country music artist Kevin Sharp plays a benefit concert for the Make-A-Wish Foundation.

Penn Live

WORLD

Pakistan acknowledges Mumbai link for the 1st time

Pakistan's government acknowledged that there is a connection between November's attacks in Mumbai, India, and elements inside Pakistan.

MSNBC

Pakistan agency had hand in attack

YouTube

UN says no Hamas fighters were in bombed Gaza school

The U.N. says it found no evidence to support Israel's claim that Hamas fighters were holed up in a Gaza school, prompting a deadly attack by Israeli forces that killed 40 civilians, many of them children.

TIME

Special section:

Gaza at a glance

CNN

BUSINESS

New stimulus aside, Obama vows future budget restraint

To a public wary of government spending, Pres-elect Barack Obama promises long-term fiscal discipline after the massive economic stimulus package.

International Herald Tribune

Satyam's chairman Ramalinga Raju resigns, admits fraud

Satyam Computer, a leading Indian outsourcing company, plunged into crisis as Chairman B. Ramalinga Raju resigned after admitting to major financial wrongdoing.

Times of India

ENVIRONMENT

South Korea announces 'Green New Deal' to create jobs

South Korea said it will invest $38.1 billion over the next four years on environmental projects in a "Green New Deal" to spur slumping economic growth and create nearly a million jobs.

MSNBC

Excrement, insulation, bike paths trim CO2 emissions in cities

From Berlin to Vancouver, cities are creating bike paths, making windows airtight and building cleaner power plants to counter the threat of global warming.

Bloomberg

HEALTH

Deep brain stimulation helps those with advanced Parkinson's

A new study finds that deep brain stimulation improves both physical function and quality of life after six months in Parkinson's patients.

HealthDay

How Obama can heed Clinton health reform failure

Experts involved in the health initiative in the Clinton administration say Obama will have to do things differently to make healthcare change this time.

NPR

EDUCATION

ACLU sues NC school system for barring peace activist

The American Civil Liberties Union sued a rural North Carolina school system for barring a peace activist from talking to high school students about alternatives to joining the military.

USA Today

50-state report card

Amid national financial worries, states remain on the front line pushing hard for school improvement.

Education Week

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