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  • The full weight of the recession has come bearing down on the labor market. Employers shed more than half a million jobs in November. The unemployment rate is now 6.7 percent and economists expect it to go significantly higher. Layoffs are accelerating in just about every industry.
  • The Labor Department says the U.S. economy lost more than a half-million jobs in November. It was the steepest drop in nearly a quarter-century. Figures show that 533,000 jobs were lost last month, pushing the unemployment rate to 6.7 percent. That's a 15-year high. It's proof that the recession, already a year old, is getting deeper.
  • O.J. Simpson is scheduled to be sentenced Friday in Las Vegas for his conviction on felony charges, including kidnapping, in a robbery committed last year. The former football and movie star — acquitted of murdering his ex-wife, Nicole, and her friend Ron Goldman 13 years ago — could get up to life in prison.
  • When President-elect Barack Obama introduced his national security team this week, he left two key positions unfilled: CIA director and director of National Intelligence. That may be because it's hard to find people to fill the jobs who are not associated with the controversial intelligence policies of the Bush administration.
  • President-elect Barack Obama has filled about half of the openings in his Cabinet. A new Gallup Poll shows nearly 4 out of 5 Americans approve of his transition moves so far. But, could there be a price to be paid for this early popularity?
  • A new intelligence report warns that without drastic new measures, the international community faces the real prospect of a nuclear or biological attack by 2013. The panel that issued the report has briefed vice president-elect Joe Biden on its contents.
  • Angry Mumbai residents held a big demonstration today to express indignation over the Indian government's failure to thwart the Mumbai terror attacks.
  • Sixty-eight percent of all web searches take place on Google.com. But as journalist Randall Stross found when researching his new book, Planet Google: One Company's Audacious Plan to Organize Everything We Know, the company's business extends well beyond basic web searches.
  • The Big Three automakers have presented their plans to Congress for how they will restructure themselves to make them worthy of a congressional bailout. Ford says it wants a $9 billion standby line of credit; GM has sought $12 billion. Chrysler is expected to ask for $7 billion.
  • Anger and indignation are building in Mumbai in the wake of the terrorist attacks that left nearly 200 dead and hundreds more wounded. The people of Mumbai are sending text messages, calling for a mass protest rally Wednesday.
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