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Gates: 'Severe consequences' for Afghan failure
WASHINGTON (AP) -- Failure in Afghanistan would mean a Taliban takeover of the country and "have severe consequences for the United States and the world," Defense Secretary Robert Gates said Wednesday as the Obama administration set out to sell its new war strategy on Capitol Hill....
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Jobless Claims Rise in Latest Week
The number of workers filing new claims for jobless benefits climbed 7,000 in the latest week as the number of workers collecting unemployment for more than a week rose.
online.wsj.com

Romanian Central Bank Cuts Rates
The central bank of Romania unexpectedly cut interest rates to their lowest level for a year after the appointment of a new government ended months of political paralysis and boosted confidence that international lenders would resume bailout funds.
online.wsj.com

King Warns on U.K.'s Deficit
The Bank of England's governor warned that the U.K.'s election shouldn't distract the government or the opposition party from the need to rein in the deficit.
online.wsj.com

Obama to announce plan to respond to bioterrorism
WASHINGTON (AP) -- President Barack Obama will use his State of the Union address to unveil a new plan for a better and quicker response to bioterrorism threats and attacks, the White House said Tuesday....
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