President-elect Barack Obama, commencing face-to-face consultations with congressional leaders Monday, is embracing an unexpectedly large tax cut of up to $300 billion.

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NBC News has learned that President-elect Barack Obama has chosen former Clinton chief of staff Leon Panetta to be his CIA director.

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Police in Ohio have arrested a 22-year-old man in connection with the death of a Dayton mother and the kidnapping of her 4-year-old son, who was later abandoned at a highway rest stop. His father says the boy is “still terrified.”

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Caution returned to Wall Street Monday as investors gave back some gains from last week’s rally even as they found some encouragement from a report on construction spending.

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The Minnesota state Canvassing Board certified results showing Democrat Al Franken the winner of the state’s contested Senate race on Monday.

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A prosecutor says disgraced financier Bernard Madoff violated bail conditions by mailing about $1 million worth of jewelry and other assets to relatives, and wants him jailed.

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President-elect Barack Obama plans to include about $300 billion in tax cuts for workers and businesses in his economic recovery program, as his team seeks to win over Congressional skeptics.

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As Israeli forces attacked Gaza by land, sea and air, residents living in the congested coastal strip faced a fateful question: Flee the shelling and shooting, or hole up inside their homes and hope for the best?

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Griffin B. Bell, the shrewd lawyer who grew up with Jimmy Carter and became U.S. attorney general after Carter was elected president, died at an Atlanta hospital Monday. He was 90.

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Storms swirled over the Northwest early Monday, dumping snow from Washington state to Northern California.

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