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Lauren Victoria Burke / ABC News via AP
President-elect Barack Obama talks with ABC’s George Stephanopoulos on Saturday.

President-elect says wants more transparency, strict guidelines for bailout..

WASHINGTON - President-elect Barack Obama wants more transparency and strict guidelines for using the second $350 billion of the bailout fund Congress approved last fall to stabilize the nation’s financial system.
Obama’s [...]

Asian stocks were mixed on Friday, in light trading with several markets still closed for the Christmas holiday and investors bracing themselves for a grim new year, dealers said.
Tokyo closed up 1.63 percent to a six-week high as dealers brushed aside more grim economic data and welcomed an easing of the yen, whose recent spike [...]