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President Barack Obama and Treasury Secretary Tim Geithner have announced stricter rules on executive compensation at banks receiving "exceptional" levels of aid from the federal government. Some executives will have their annual salary capped at $500,000.

Michael Steele, the new head of the Republican Party, found himself in hot water again with his fellow Republicans when he told a GQ reporter that women have a right to choose an abortion. The comments could have political implications.

With excessive heat advisories in effect across the U.S., here's how to avoid heat-related illnesses.

President Barack Obama's budget proposal is placing conservative Democrats in a tight spot. Republicans are asking them to be fiscally cautious. Liberals are targeting them with a barrage of ads, urging them to support the president's budget.

In Washington, it was a crucial day of meetings between the leaders of the United States, Pakistan and Afghanistan. Afghan President Hamid Karzai and Pakistani President Asif Ali Zardari huddled first with Secretary of State Clinton and later with President Obama and made a number of key commitments.

President Obama is expected to nominate federal appeals Judge Sonia Sotomayor to the Supreme Court. She would be the first Hispanic justice. If confirmed by the Senate, Sotomayor would succeed retiring Justice David Souter.

President Bush has called once again for the House to adopt a Senate bill on foreign intelligence — and by noon, Democratic Majority Leader Steny Hoyer was saying the House would take up a bill next week. Whether the bill includes the retroactive legal immunity for phone companies that the president demands was not immediately clear.

The race is crucial for Hillary Clinton and John McCain. In last-minute campaigning, Clinton struggled to avoid a highly damaging second straight defeat in the Democratic presidential race. Republicans John McCain and Mitt Romney fought hard for victory in New Hampshire, where neither could afford to lose.

Florida is next on the Republican presidential program, and all of the big names are arriving ahead of the vote a week from Tuesday. But one major GOP contender has been working the state all month, counting on a breakthrough there to overcome the influence of the early contests: former New York Mayor Rudolph Giuliani.

New York Gov. Eliot Spitzer has apologized to his family and the public after it was reported that he was involved in prostitution. Now many New Yorkers wonder whether the man whose crime-fighting reputation is on the line can stay in power.

For many months, Barack Obama relied on a speech that last year vaulted him from the ranks of the Democratic presidential candidates to the lead position. But in recent days, he has found it necessary to revise and revamp.

Gen. David Petraeus and Ambassador Ryan Crocker are back on Capitol Hill Wednesday, in an effort to convince lawmakers to freeze U.S. troop levels in Iraq after a small drawdown in the summer. Petraeus and Crocker appear before the House Armed Services and Foreign Affairs committees today.

Exiled former Pakistani Prime Minister Nawaz Sharif says he will challenge President Gen. Pervez Musharraf in elections this fall, even as Musharraf considers a power-sharing agreement with another rival that would have him stepping down as head of the army.

President Bush renews his vow to veto any spending bill for the war in Iraq that attempts to set a timetable for withdrawal of U.S. combat troops. Senate Majority Leader Harry Reid has said that if the timetable fails, he will move to cut off funding for the war by March 31 of next year.

Exit polls are showing Lee Myung-bak, a conservative former mayor of Seoul, winning South Korea's presidential election. Voters overlooked fraud allegations in hope that the former Hyundai CEO will revive the economy. Lee, of the Grand National Party, received 50.3 percent of the vote.

Passengers of the Ambassador Cruise Line had just arrived in the Faroe Islands when a group of small boats drove the whales to shallow water for killing, part of a long-standing local tradition.

The soaring price of oil is hitting the airline industry. American Airlines announced Wednesday that it would eliminate about 12 percent of its flights by the end of the year and added a $15 surcharge for each checked bag.

The U.S. House passed the rescue package, paving the way for the government to start buying up troubled assets from financial institutions caught on the wrong side of record home foreclosures. Brian Naylor discusses the new bill.

President-elect Barack Obama has named Mary Schapiro to head the Securities and Exchange Commission. In a news conference in Chicago, Obama said government regulators "had dropped the ball," leading to the financial meltdown.

For Sunset High School's band, Friday night games help prepare for Saturday competitions. That's when band parents and friends cheer for these champions from Portland, Ore., as lustily as football fans and when judges rate musicianship and movement.

In Fort Hood, Texas, investigators are collecting information about Thursday's deadly attack at a soldier processing center. Thirteen people were killed, 12 of them soldiers, and 30 were wounded when a gunman, identified as Army psychiatrist Maj. Nidal Malik Hasan, opened fire in the facility.

The arthritis drug Humira has been a blockbuster seller for more than two decades. Now some copycats could end Humira's reign.

Allegations of fraud have marred Afghanistan's presidential election. Ronald Neumann, former U.S. ambassador to Afghanistan, says despite the allegations it is worth it for the White house to maintain support for Afghanistan.

Toyota President Akio Toyoda apologized Friday two weeks after reports of problems with gas pedals and floor mats led to the recall of more than 5 million vehicles. But Japan is very much in denial that its national icon is in turmoil.

The U.S. Transportation Department said Thursday it has received more than 100 complaints from owners of the 2010 Toyota Prius and has opened an investigation into possible brake problems with the model. That's more bad news for Toyota, which has recalled more than 5 million vehicles of various models to repair problems with sudden acceleration.