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Iranian President Mahmoud Ahmadinejad announces that the freedom granted to the 15 British sailors and marines held captive in Iran is a 'gift' to the British people. British Prime Minister Tony Blair has said he is pleased with the news, but what will be the long term consequences of the soldiers capture mean for Iran?

The immigration bill shaping up in the Senate would mark a drastic change in four decades of immigration law. The proposal resembles laws in Canada and Australia. Critics are warning of potential pitfalls.

British Prime Minister Tony Blair makes what will likely be his last visit to Washington, staying at the White House. In a Rose Garden press conference, Blair and President Bush praised each other's leadership. The two stood together through the Iraq war, even as it badly damaged their political standing.

The Federal Reserve's response to the crisis in the housing market was Chairman Ben Bernanke's biggest move since he took office. It comes in a week of publicity about his predecessor Alan Greenspan. But the real pressure stemmed from an economy at risk and the lives of consumers disrupted.

World Bank President Paul Wolfowitz faces demands for his resignation over a promotion he helped to arrange for Shaha Riza, a bank employee whom he has dated. The bank's board of directors is considering what action to take.

Fans of Apple computers got word that their favorite company is going into the phone business. Apple CEO Steve Jobs introduced its new iPhone, which combines a mobile phone — including a camera — with a music player. At the Macworld Conference and Expo in San Francisco, Jobs also introduced the Apple TV device.

The Pentagon confirms an attack on al-Qaida suspects in southern Somalia. One spokesman said that the attack was based on what he called "credible evidence." But there are other accounts from the region itself that describe more than one assault, and more casualties.

A poll of likely caucus voters in Iowa indicates Republican Mike Huckabee has opened up a lead over Mitt Romney. On the Democratic side, the poll gives Barack Obama a slight edge over Hillary Clinton and John Edwards, but that race is still very close.

Sheriffs' detectives in Inyo County, Calif., believe a one-time hideout of the notorious Charles Manson clan may be concealing the bodies of murder victims from nearly 40 years ago. The detectives are converging Tuesday on the Barker Ranch with shovels and high-tech ground-penetrating radar to search for graves.

After weeks of anticipation, Gov. Sarah Palin and Sen. Joe Biden faced off in the one and only Vice Presidential debate last night. Law professor Joel Goldstein, of St. Louis University, and presidential debate expert Alan Schroeder, of Northeastern University discuss the highs and lows of both candidates' debate performance.