Panel: U.S. in recession since last December

The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

1. Updated 7 minutes ago
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   Obama announces Clinton, Gates for Cabinet

   President-elect Barack Obama picked a national security team headed by former rival Hillary Clinton and Bush administration holdover Robert Gates on Monday, and said he wants to consult with military commanders before settling on a firm timetable to withdraw troops from Iraq.

   1. Updated 13 minutes ago
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   Raleigh officials unveil growth plan

   The proposals for dealing with Raleigh's growth over the next two decades are the first updates to the city's Comprehensive Plan since 1989.

   1. Updated 40 minutes ago
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   Stocks fall sharply on consumer spending worries

   Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 440 points and erasing a huge chunk of last week's big gains. All the major indexes fell more than 5 percent.

   1. Updated 24 minutes ago
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   Real vs. fake: How 'green' is your tree?

   Chopping down a tree might not seem Earth-friendly, but Christmas tree growers say their product is the green option. Not everyone agrees.

   1. Updated at 9:26 a.m.
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