Hyundai takes Detroit car-of-the-year award

DETROIT (Reuters) – Hyundai Motor Co took car-of-the-year award at the Detroit auto show on Sunday, marking a major step for the South Korean automaker in its push to produce a more upscale, mass-market vehicle for U.S. consumers.

U.S. gasoline prices rise for first time since July: survey

NEW YORK (Reuters) – The average price for a gallon of gasoline in the United States has risen for the first time since early July, indicating the bottom has likely been hit, according to the nationwide Lundberg survey released on Sunday.

Financial bailout program needs overhaul: Obama

WASHINGTON (Reuters) – U.S. President-elect Barack Obama vowed to retool a $700 billion financial rescue plan to save more families from foreclosure, and his aides met congressional leaders on Sunday to chart fresh spending measures to restore a fragile economy.

Financial bailout program needs overhaul: Obama (Reuters)

President-elect Barack Obama at a news conference in Chicago, December 7, 2008. (Jeff Haynes/Reuters)Reuters – U.S. President-elect Barack Obama vowed to retool a $700 billion financial rescue plan to save more families from foreclosure, and his aides met congressional leaders on Sunday to chart fresh spending measures to restore a fragile economy.

Bush says his dad a ‘nut’ to plan another sky-dive

WASHINGTON (Reuters) – President George W. Bush said on Sunday he thought his father, the former president, is a “nut” to plan to celebrate his 85th birthday with another sky-dive.

Many states’ lottery sales are rising in recession (AP)

Chart shows lottery sales, by type from 2000 to 2007; 1 c x 3 1/2 in; 46.5 mm x 88.9 mmAP – In these tough times, many people appear willing to gamble a few precious dollars in the hope of winning instant deliverance from their economic woes.