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Israel has targeted the homes of Hamas militants as its airstrikes against Gaza continue for a seventh day. Despite the hundreds of bombing runs, Palestinian militants continue to fire rockets into southern Israel. Israeli leaders now appear uncertain about the goals of the operation and how long it will last.

Former Fed Chairman Alan Greenspan told House lawmakers the financial damage done to date means an unavoidable rise in unemployment in the U.S. Greenspan said the U.S. had been hit by a "once-in-a-lifetime credit tsunami" and that it will take many months for the situation to improve.

Disgraced financier Bernard Madoff appeared in federal court in New York Thursday and pleaded guilty to running a multibillion dollar Ponzi scheme. The judge denied a request from Madoff's lawyer that he remain free until sentencing in June, sending Madoff to jail.

President Obama meets at the White House Thursday with supporters and opponents of changes to the nation's immigration system. Aides say the president hopes to start a formal debate on immigration later this year.

Writer Arthur C. Clarke has died in Sri Lanka. He was 90. He's best known for writing 2001: A Space Odyssey, but he wrote many dozens of science fiction novels. Clarke, a trained scientist who united intellectual rigor with imagination, inspired generations of writers and scientists with his powerfully humane vision of the future.

Politicians in Kenya have reached an agreement aimed at ending the country's political crisis. Kenya was thrown into turmoil after a disputed election late last year sparked widespread violence that left more than 1,000 people dead.

Venezuelan President Hugo Chavez has threatened to cut off oil sales to the United States if Exxon Mobil wins a court settlement that could freeze billions of dollars in Venezuelan assets.

For San Francisco motorists, four dollars for a gallon of unleaded self-service regular is about to become the norm.

Among the senators who grilled Gen. David Petraeus and Ambassador Ryan Crocker on Tuesday was the next president of the United States. Whether it will be Clinton, McCain or Obama hasn't been decided, but all three made the hearings on Capitol Hill a kind of campaign stop.

Alaska Gov. Sarah Palin is no longer the defeated Republican candidate for vice president in 2008. She is now a potential Republican candidate for president in 2012. But so are many other GOP governors who are attending the Republican Governors Association Annual Conference in Miami.