Reuters - President Barack Obama will announce on Monday a six-year infrastructure revamp plan with an initial investment of $50 billion to jump-start job creation, a white house official said.

AFP - World oil prices diverged on Monday, the end of the traditional peak demand season for motor fuel in the United States.

AP - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and airports that would cost at least $50 billion, administration officials said.

Reuters - Encouraging news about the U.S. employment picture continued to spill over onto financial markets on Monday, lifting world stocks on hopes that a slip back into recession could be avoided.

AFP - US President Barack Obama will travel to the Midwestern US state of Wisconsin Monday as part of a broad effort to stem ebbing political support over the slowing economic recovery.

AP - The Dutchman charged with killing a 21-year-old Peruvian woman and suspected in the disappearance of U.S. teenager Natalee Holloway has acknowledged extorting money from Holloway's parents and says he did it to get back at them.

AP - The USS Olympia, a one-of-a-kind steel cruiser that returned home to a hero's welcome after a history-changing victory in the Spanish-American War, is a proud veteran fighting what may be its final battle.

AP - Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation's roads, railways and airports that would cost at least $50 billion, administration officials said.

AP - The Black Widow of eating contests gobbled up nearly 181 chicken wings in 12 minutes, devouring the national championship record in Buffalo on Sunday.

AP - Tropical Storm Hermine has formed in the Gulf of Mexico off the coast of Texas.

Reuters - Australia's top investment bank Macquarie Group Ltd warned investors it would miss profit forecasts after weak markets took a toll on its trading and advisory business, sending its shares to a 15-month low.

AP - Group of 20 leaders should use their November summit to make a serious push for the conclusion of stalled global trade negotiations, the head of the WTO said Monday.

AP - Oil prices slipped to near $74 a barrel Monday in Asia as traders weighed whether growing Chinese demand can offset weak U.S. fuel consumption amid high unemployment.

Reuters - Aftershocks rocked New Zealand's second-biggest city on Monday causing further damage and forcing authorities to extend a state of emergency after the country's most damaging earthquake in 80 years.

AFP - President Barack Obama will call for a 100-billion-dollar business tax credit this week to boost the sagging US economic recovery, The Washington Post reported.

AP - In the turbulent year of the tea party, Republican Rep. Mike Castle of Delaware set out to jangle no nerves as he ran for a Senate seat long held by Vice President Joseph Biden. It's the way Republican strategists originally envisioned 2010, a roster of seasoned politicians pointing the party toward significant gains in the Senate.

Exclusive to Yahoo! News - Just how bad could things get for the Democrats when voters head to the polls in November?

Reuters - Increasingly erratic rainfall patterns related to climate change pose a major threat to food security and economic growth, water experts said on Monday, arguing for greater investment in water storage.

AP - Craiglist's "adult services" section has been shut down in the U.S., but prostitution on the Internet is alive and well — even, quite possibly, on Craigslist.

AP - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.

AP - A flight attendant who captured America's attention when he told off a plane full of passengers and then slid down an emergency chute resigned from his job last week and wasn't fired, his lawyer said Sunday.

Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.

Reuters - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.

AP - Government officials from around the world used to come to this port city to catch a glimpse of the future: Two-story piles of trash would disappear into a furnace and eventually be transformed into electricity to power thousands of homes.

AP - Investigators looking into what went wrong in the Gulf of Mexico oil spill are a step closer to answers now that a key piece of evidence is secure aboard a ship.

AP - Duong Nghe Ly can't wait to begin his senior year at South Philadelphia High School. A day of violence there last year changed his life, and he wants to learn if his school has been transformed as well.

AP - Government agencies are seeking broad new authority to ramp up killings and removals of gray wolves in the Northern Rockies and Great Lakes, despite two recent court actions that restored the animal's endangered status in every state except Alaska and Minnesota.

AP - It is a place of sacrifice. A place of mourning. A place people pass by on their way to grab lunch. It's a place where tourists crane their necks to snatch a glimpse around barriers walling off an enormous construction site — which is also what it is.

AP - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently extend research and development tax credits for businesses, a White House official said Sunday.

AP - Motivated by the deaths of two friends in war-zone explosions, 1st Lt. Timothy Dwyer decided to become a bomb hunter.

AFP - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.

AFP - US lawmakers returning from summer recess face a conundrum on tax cuts set to expire at the end of this year, with the economy seemingly sputtering ahead of looming congressional elections.

Reuters - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.