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Hurricane Ike is storming toward the Gulf Coast of Texas — home to a quarter of the nation's oil refining capacity. As refineries shut down in anticipation of the storm, wholesale gasoline prices have shot up, despite crude oil prices falling to their lowest level in more than five months.

A teacher who instills a love of books and writing has beaten out 5,000 educators around the world for a global honor.

Soldiers from Niger's presidential guard have blockaded the presidential palace, and regional African leaders condemned the move as an "attempted coup."

For the first time in over two years, the Federal Reserve did not raise a key interest rate. Although there was some disagreement among the board members, most believed the cooling economy invited a pause.

Even as U.S. officials insist Washington remains committed to diplomacy with Iran and is not seeking a conflict, analysts and former American intelligence officials are chronicling what they say is an unfolding intelligence war between the two adversaries, which is being waged covertly throughout the Middle East.

The Hollywood writer and actors strikes are affecting places in Montana like Butte and Missoula, where big productions were set to continue filming this summer.And, several small towns are also missing movie production money. Unincorporated communities like Pony.

Taylor Swift has become the first female artist to have four albums on the Billboard 200 chart. The artist has been deep in re-recording her early albums to keep artistic and financial control.

Delta and Northwest's merger would create the world's largest airline in terms of traffic. But there is still a lot to be worked out. Regulators and shareholders need to be convinced. And Northwest's pilots union is saying it will do everything it can to block the deal.

The Federal Reserve slashed the federal funds rate, charged on overnight loans between banks, by one-half a percentage point to 4.75 percent. Wall Street investors were happy. But for average people, the cut doesn't translate into that much money in their pockets.

Now that the Democratic presidential nominating contests are over, Barack Obama says he is the presumptive nominee. Hillary Clinton has not pulled out of the race, though. Strategist Mark Mellman, a Democrat, says there's no doubt the race is over, but Republican Tucker Eskew says Obama needs Clinton's support.