Featureak

You can select special categories and customize colors of how you want them to look, then select where you want them placed(after user name, after time, after tags or instead of categories)
The Whole idea is to place certain categories like BREAKING NEWS or FEATURED ARTICLE somewhere in your post so that people will see the category and click on it to see other “breaking news” posts.
You can: – Select text color
– Select border color
– Select background color
– Configure CSS on featureak links
– Choose where they will appear(after user name, after time, after tags or instead of categories)
– Select up to 100 categories to show (i’d thought i’d give it a big number.. just in case)

See screenshot In the Screenshots Tab

More details + Video Tutorial on how to use it
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Upload the Featureak plugin to your blog(in the wp-content/plugins directory) (be sure to upload the “featureak” directory or it will not work).
OR
Use the Add new Link in wp-admin to search for it and install it directly from your admin section of the blog

Activate it in the plugins menu in your wp-admin control panel and voila! you’re done!