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New government figures show wholesale prices rose at a higher-than-expected rate of two percent last month. The data has raised new questions in the financial markets about inflationary pressures on the economy.

In a year-end press conference, President Bush said Wednesday that the U.S. needs a bigger military. And the president said he knows he'll need to work with Democrats in the new Congress to make progress with his domestic agenda.

Chile's former dictator Augusto Pinochet has died at the age of 91. Pinochet came to power after a 1973 coup and became one of South America's most famous rulers. Debbie Elliott talks with Nathan Crooks, editor of the Santiago Times, about violence erupting in the Chilean capital today after news of Pinochet's death broke.

The full U.S. Senate may vote as soon as Wednesday on the nomination of Robert Gates to be the next U.S. Secretary of Defense. The vote comes after the Committee on Armed Services unanimously approved Gates' nomination. The former CIA director told senators that the United States was not winning the war in Iraq.

A case in the Supreme Court today may determine the fate of millions of inventors' patents. A law says that an invention can't be patented if it is "obvious," but the definition of "obvious" isn't clear after decades of litigation. Now, many companies have filed briefs calling for a change to the rule.

In a classified memo to President Bush, National Security Council officials expressed doubts about the ability of Iraqi Prime Minister Nouri al-Maliki to control violence in his country. The memo notes that al-Maliki relies on extreme Shiite groups for support. Mike Pesca speaks with Michael Gordon, the New York Times reporter who broke the story.

A federal judge orders the Treasury Department to make changes in the way in prints money, so it will be easier for the blind to tell bills apart. The ruling, in response to an American Council of the Blind lawsuit, proposes several options. The Treasury Department has 10 days to appeal.

President Bush met with Iraqi Prime Minister Nouri al-Maliki in Jordan this morning. Later at a press conference, the president maintained his support for the Iraqi leader, and insisted that there would be no immediate troop withdrawal.

Singer James Brown dies at 73. He had been hospitalized in Atlanta for pneumonia. His string of hits began in 1956 with "Please Please Please" and continued with "Papa's Got a Brand New Bag," "Night Train," and "I Got You."

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.