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The Obama administration is expected to ask for $50 billion to $60 billion. Top administrators told Congress Wednesday that they want at least some of that money to go toward preventing the kind of devastation caused by Sandy and other recent storms.

If Congress fails to reach an agreement on tax increases and spending cuts this year, it will mean sharp reductions in a broad swath of federal spending, from defense and Medicare to education and unemployment benefits. Economists say the cuts would be a serious setback for the economy as a whole.

The two sides dug in their heels. Protesters asked President Mohammed Morsi to walk back his power grab and rethink the new draft of the constitution and Morsi simply declined.

Republican state legislators unveiled a plan Wednesday to reduce unemployment benefits and raise taxes on some businesses. They say those are necessary…

It’s not unusual for Willie Nelson to share the stage. He has performed with some of the industry’s best voices including Ray Charles, Johnny Cash, Waylon…

For its 25th anniversary, the vocal quartet commissioned a new piece from Pulitzer Prize-winning composer David Lang. Despite the fact that the group is mostly famous for singing very old music, love failreflects the world we live in — not some distant and remote mythology.

A month after Hurricane Sandy pounded the New Jersey Shore, Atlantic City is back in business. Even though most of the casinos, restaurants and the famous boardwalk sustained very little damage in the storm, they're now suffering from a lack of visitors.

Michael Forbes lives next to Donald Trump's new golf course in Scotland. He has refused to sell his property to Trump, and what's ensued has been a war of words. The latest flare-up involves an award given by the Scottish company that makes Glenfiddich whisky.

Standard Chartered says it expects to pay around $330 million to the U.S. to settle a case with regulators who accuse the bank of failing to comply with sanctions against Iran. Standard Chartered has already paid out $340 million to the state of New York on the same claims.

The Department of Energy projects domestic oil production in the U.S. will grow faster than consumption in coming years. That means the country needs to import much less oil in the future.

Banks have been under increasing pressure to cut costs and eliminate redundancies. The cuts will eliminate about 4 percent of Citi's workforce.

President Obama is lobbying the CEOs of the nation's largest companies to support him as he tries to reach a budget deal with Republican lawmakers. The president met Wednesday with members of the Business Roundtable. The group urges the extension of Bush-era tax cuts for everyone, including the wealthy.

Exiled Hamas leader Khaled Meshaal is expected to visit the territory, crossing over from the Egyptian border. His visit comes amid speculation that Hamas, which rules Gaza, will seal a reconciliation deal with Palestinian President Mahmoud Abbas's Palestinian Authority in the West Bank.

John McAfee was arrested on Wednesday in Guatemala for entering the country illegally. He had fled Belize, where's he's a person of interest in the murder of his neighbor Gregory Faull.

The Pentagon's top lawyer has talked about how the U.S. would deal with terrorism after al-Qaida's core was defeated. But experts say the talk is premature. The Arab Spring has helped al-Qaida affiliates proliferate over the past year. And while they might not be able to pull off large scale attacks, they are still a very real threat.

When you crack open a pizza box, the heat's released and you get that scent from the dough and cheese and sauce. Pizza Hut in Canada has released that scent in a bottle of perfume. The company made 110 bottles and distributed them to its Facebook followers.

Also: Kate, Duchess of Cambridge, released from hospital; same sex marriage licenses issued in Washington and parts of Maryland; Kobe Bryant scores 30,000 career points; Australian Prime Minister Julia Gillard spoofs the Mayan calendar end of the world

The pregnant duchess, who was being treated for acute morning sickness, nodded yes when asked if she's feeling better. Meanwhile, the Australian DJs who punk'd her hospital are apologizing for impersonating Queen Elizabeth II and Prince Charles.

The 81-year-old former senator busts some moves (sort of) in a video that tells young people to press their elders for a solutions to the nation's debt and deficit problems.