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The president has long said he's in favor of reinstating the ban. In the wake of Friday's mass shooting at a school in Connecticut, he has now publicly given his support to Democratic Sen. Dianne Feinstein's effort to ban such weapons.

Most every new round of fighting creates a new wave of displaced people in Syria. A weekend attack near the capital has sent many Palestinian refugees fleeing.

Coal is poised to replace oil as the world's top energy source — possibly in the next five years, according to the International Energy Agency. The rise will be driven largely by growth in China and India, the IEA says, while the only large decline is seen coming in the United States.

Thu., Jan. 2, 12:00 noon - Capitol Steps, Politics Takes a Holiday, New Years EditionHelp us roast 2013 to a crisp with the Capitol Steps and their annual…

If, as the White House indicated on Tuesday, President Obama takes the lead in a movement for more effective gun control now that he's been stirred to action by the Sandy Hook Elementary School massacre, it would mark a significant break from his pattern so far as chief executive.

Millions of dollars worth of stolen maple syrup was recovered and three men suspected of the theft were expected in court on Tuesday.

UBS has agreed to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. UBS became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal.

A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at least another year of recession.

The president is expected to confirm today that he has asked Vice President Biden to head up an administration-wide effort to find ways to curb gun violence.

It's a dramatic scene: A large bird appears to swoop down on a toddler and briefly lift him off the ground. But many on the Web quickly concluded it was a fake. Now a design and animation school in Montreal has said three of its students made the video for a class.