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A proposal unveiled Thursday seeks to permanently cut corporate taxes to 20 percent. It would reduce the number of tax brackets and cap deductions on mortgage interest and local taxes.

President Kennedy presided over a nearly miraculous economic turnaround. At the time of his death in November 1963, corporate profits were hitting record highs and stock prices were soaring. Kennedy also did something that conservatives have been praising ever since: He pushed for much lower tax rates.

Automakers will report U.S. sales for 2011 on Wednesday. When final figures are calculated, sales of new cars and trucks are expected to reach 12.7 million, up from 11.5 million in 2010 and 10.4 million in 2009, the worst year since 1982. For 2012, analysts expect sales to top 13.6 million.

The world is waiting for updates about Hamlin, who is in critical condition after suffering a cardiac arrest during Monday night's game against the Cincinnati Bengals. This is his second NFL season.

Serena Williams overcame the wind and more than a dozen unforced errors Sunday to defeat Victoria Azarenka in the U.S. Open women's singles championship match. The win is Williams' fifth U.S. Open win and 17th Grand Slam singles title.

Banking regulators are telling JPMorgan Chase that it must take action to improve its risk analysis and money-laundering controls. The bank racked up a $6 billion trading loss last year. CEO Jamie Dimon cited managerial lapses and called the loss inexcusable.

"A city of 8.6 million people — not a single shooting for three days," Mayor Bill de Blasio said on Monday. The NYPD says it has been focusing on preventing retaliatory violence.

Team USA scored big, rebounding after a disappointing loss to Sweden. The 6-1 win keeps alive the Americans' goal of becoming the first women's team to take Olympic gold after winning the World Cup.

With about 6.5 million units sold the first day, the video game raked in more than $400 million.

Two new books focus on the culinary lives of these two artists. Turns out, their approaches to food provide a new way of thinking about their two very different approaches to art.