Latest national news, investigations, and analysis from NewsOne, the home of breaking news for Black America.

Treasury Secretary Henry Paulson is scheduled to give an update today on the $700 billion bailout program for the U.S. financial system.

Volatility kicked in again on Wall Street Tuesday, as the reality hit that few industries are safe from the consumer spending slump — whether they’re building homes, making cars or selling coffee. The Dow Jones industrial average fell more than 200 points.

In one of the economy’s darkest hours in decades, it looks as if people are taking Barack Obama up on his exhortations for hope and change. Seven in 10, or 72 percent, voice confidence the president-elect will make the changes needed to revive the stalling economy, according to an Associated Press-GfK poll released Tuesday.

Sandra Rose reports: A transsexual who filed a lawsuit against the Memphis police after a February beating at the hands of an officer, was found shot to death in North Memphis late Sunday. Duanna Johnson, 43, was shot in the head and died at the scene. In June, she offered to settle the lawsuit against […]

Most of the post-election reaction to Barack Obama’s presidential win has been beautiful. People from all backgrounds, races, cultures and religions are elated to see such a good, decent, inspirational man become President. Many are proud of the historical significance of the United States electing a leader of African descent after the turbulent history of […]

No matter how people remember President Bush’s time in office, let there be no doubt about how he wants to end it: gracefully.

Alaska Gov. Sarah Palin says she wouldn’t hesitate to run for the presidency in four years if it’s God’s will, even though she never thought Campaign 2008 would be “as brutal a ride as it turned out to be.”

President-elect Obama planned to honor fallen troops Tuesday, taking a short break from his primary task of mapping out his administration to mark Veterans Day.

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes — making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages.

In an interview with Fox News, Sarah Palin called her many detractors who revealed flaws in her candidacy, “Bloggers in their parent’s basement just talkin garbage.”

Check out NewsOne’s gallery of the cutest pictures of our newest First Daughters, Malia and Sasha Obama.

  Although President-elect Barack Obama’s campaign centered around predecessor George W. Bush’s failed policies, the two men met to discuss the transition to power for the 44th president. The soon-to-be and former leaders of the Free World surely differ on policy but, a friendly tour couldn’t be too bad. From AP:   WASHINGTON (AP) The […]