Nascar @ Feed24 - News / Nieuws

U.S. official: India knew of plot on Mumbai coast (yahoo! news)
AP - India received a warning from the United States before last week's attacks in Mumbai that militants were plotting a waterborne assault on the city, a senior U.S. official said Tuesday as domestic intelligence officials said they were aware of a Pakistan-based plot.

India demands Pakistani hand over fugitives (yahoo! news)
Reuters - India demanded Pakistan hand over 20 of its most-wanted fugitives as a sign of good faith, while both sides on Tuesday tried to cool tensions over the Mumbai attacks before a visit by Washington's top diplomat.

India demands Pakistani sign of faith over Mumbai (yahoo! news)
Reuters - India demanded Pakistan hand over 20 of its most-wanted fugitives as a sign of good faith, while both sides Tuesday tried to cool tensions over the Mumbai attacks before a visit by Washington's top diplomat.

India demands Pakistani hand over fugitives (reuters)
India demanded Pakistan hand over 20 of its most-wanted fugitives as a sign of good faith, while both sides on Tuesday tried to cool tensions over the Mumbai attacks before a visit by Washington's top diplomat.

U.S. sees way forward on N.Korea nuclear talks: Hill (reuters)
The top U.S. negotiator for multilateral talks on ending Pyongyang's nuclear program said on Tuesday he saw a way forward at the next meeting, but details on verification must still be clarified.

Activists blast U.S. at climate talks (msnbc.com)
Environmentalists criticized the United States and other rich countries Tuesday for failing so far to make meaningful commitments at a U.N. conference on climate change.

Some U.S. travelers cancel plans to visit India (msnbc.com)
In the past decade, India has gone from a place that relatively few Americans visited to one of the top international destinations for U.S. residents ã�� ahead of other locales like Brazil, Switzerland and Greece.

Official: U.S. warned India about plot (msnbc.com)
The U.S. warned India before last week's brutal attacks in Mumbai that terrorists appeared to be plotting a mostly waterborne assault on the city, a senior Bush administration official said Tuesday.

India to Pakistan: Give up terror suspects (msnbc.com)
India demanded that Pakistan hand over suspected terrorists believed to be living in the country Tuesday as Israelis began burying the six Jews killed in one of the Mumbai attacks.

Thai protests to end after court ousts govt (yahoo! news)
AFP - Thai anti-government activists on Tuesday agreed to end protests that have paralysed Bangkok's airports, after a court stripped Prime Minister Somchai Wongsawat of his post and outlawed the ruling party.

Court Ruling Brings Down Thai Government (abc news)
Ruling accomplishes what protesters could not, dissolving unpopular government.

Thai airports to reopen after government falls (yahoo! news)
AP - Thailand's prime minister was ousted Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.

Thai airport protests to end after court ousts government (yahoo! news)
AFP - Thai anti-government activists on Tuesday agreed to end protests that have paralysed Bangkok's airports, after a court stripped Prime Minister Somchai Wongsawat of his post and outlawed the ruling party.

Thai government falls after court bans premier (yahoo! news)
AP - Thailand's prime minister resigned on Tuesday after weeks of protests closed the capital's airports, stranding 300,000 travelers. Protesters promised to lift their siege, and international flights were expected to resume Friday.

Thai court disbands ruling party (yahoo! news)
Reuters - Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring exultant anti-government protesters to end their blockades of Bangkok's airports.

Thai court disbands ruling party (reuters)
Thai Prime Minister Somchai Wongsawat was banned from politics for five years and his party disbanded on Tuesday, spurring exultant anti-government protesters to end their blockades of Bangkok's airports.

Thai government falls after court bans premier (yahoo! news)
AP - Thailand's prime minister resigned on Tuesday after weeks of protests that paralyzed his government and closed the capital's airports. Cargo flights resumed and protesters promised to lift their siege by Wednesday.

Court ruling dissolves Thai government (msnbc.com)
Thailand's prime minister resigned on Tuesday after protests that paralyzed his government and closed the capital's airports. Protesters promised to lift their siege by Wednesday.

Obama reaches out to GOP governors (cnn.com)
President-elect Barack Obama today reached out to Republican governors, promising his administration won't be hampered by ideology. "I offer you the same hand of friendship, the same commitment to partnership as I do my Democratic colleagues," Obama told a meeting of the nation's governors in Philadelphia. He said quick action is needed to get the economy back on track.

Obama pledges to help governors (cnn.com)
President-elect Barack Obama told the nation's governors today he wants them to help draft his economic plan instead of just helping implement it. Many of the governors are running states strapped for cash and are looking for federal aid. "If we're listening to the governors, then the money that we spend is going to be well spent," Obama said.

Obama seeks to assure nervous governors on economy (yahoo! news)
AP - President-elect Barack Obama pledged quick work Tuesday on an economic recovery plan to include tax cuts and increased federal spending, and told the nation's governors he wants their advice in designing a package to help their hardhit states.

Jimmy Carter: U.S. must lead rights struggle (cnn.com)
It has been heartening to witness the outpouring of worldwide enthusiasm over the election of Barack Obama as the next president of the United States, a transformational moment for our country.

Security adviser's big challenge: Consensus (cnn.com)
President-elect Barack Obama's national security adviser, Gen. Jim Jones, said Monday the challenge he will face will be to achieve consensus among the disparate members of the new president's national security team.

Is Hillary Clinton Ready for State? (abc news)
Campaign boosted Clinton's foreign policy cred, but Senate taught world lessons.

Governors to Press Obama for Help (abc news)
Obama to visit governors where massive state budget shortfalls are looming.

Rice gives piano recital fit for a queen (msnbc.com)
U.S. Secretary of State Condoleezza Rice gave a piano recital for Queen Elizabeth II at Buckingham Palace.

Commentary: How we lost faith in Wall Street (cnn.com)
"Investing is an act of faith." That simple declarative sentence begins my 1999 book, "Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor."

Stocks point to higher open after big drop (yahoo! news)
AP - Wall Street headed toward a higher open Tuesday, following a now-familiar pattern of snapping back after a huge selloff. Investors, while looking for bargains, are focusing on the health of retailers and automakers.

Stocks open higher after big drop (yahoo! news)
AP - Wall Street is bouncing back after Monday's big selloff, rising moderately as buyers wade back into the market in search of bargains.

Stocks point to higher open after big drop (yahoo! news)
AP - Wall Street headed toward a higher open Tuesday, following a now-familiar pattern of snapping back after a huge selloff. Investors, while looking for bargains, were awaiting more news about the health of retailers and automakers.

Stocks point to moderately higher open (yahoo! news)
AP - Wall Street headed toward a higher open Tuesday, following a now-familiar pattern of snapping back after a huge selloff. Investors, while looking for bargains, are focusing on the health of retailers and automakers.

Asian markets tumble after Wall Street plunge (yahoo! news)
AP - Asian stock markets tumbled Tuesday following massive overnight losses on Wall Street and dismal economic numbers out of the U.S., a crucial export market.

Dow Plunges on News Recession Began in Dec. 2007 (abc news)
Dow sinks nearly 680 after group says US has been in a recession since December 2007

Dow plunges on news recession began in Dec. 2007 (yahoo! news)
AP - Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news � and a fresh batch of bad economic reports � tanking nearly 680 points. With the economic pain likely to stretch well into 2009, Federal Reserve Chairman Ben Bernanke said Monday he stands ready to lower interest rates yet again and to explore other rescue or revival measures.

Dow drops nearly 680 on consumer spending worries (yahoo! news)
AP - The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.

Iraq's "Chemical Ali" gets second death sentence (yahoo! news)
Reuters - An Iraqi court sentenced Saddam Hussein's cousin "Chemical Ali" to death Tuesday for the killing of thousands of Shi'ites in a ruthless crackdown on their uprising after the 1991 Gulf War.

'Chemical Ali' sentenced to death in Iraq (yahoo! news)
AP - A special Iraqi court sentenced Saddam Hussein's notorious cousin, "Chemical Ali" Hassan al-Majid, to death Tuesday after convicting him of crimes against humanity for his part in crushing the 1991 Shiite uprising in southern Iraq.

Second death sentence for 'Chemical Ali' (msnbc.com)
A court sentenced Saddam Hussein's notorious cousin, known as "Chemical Ali," to death Tuesday after convicting him of crimes against humanity while crushing the 1991 Shiite uprising in Iraq.

Iraq's "Chemical Ali" gets second death sentence (yahoo! news)
Reuters - An Iraqi court sentenced Saddam Hussein's cousin "Chemical Ali" to death Tuesday for crushing a Shi'ite revolt after the 1991 Gulf War.

Iraq's "Chemical Ali" gets second death sentence (yahoo! news)
An Iraqi court sentenced Saddam Hussein's cousin "Chemical Ali" to death on Tuesday for crushing a Shi'ite revolt after the 1991 Gulf War, Judge Mohammad al-Uraibi said.

Iraq's "Chemical Ali" gets second death sentence (yahoo! news)
An Iraqi court sentenced Saddam Hussein's cousin "Chemical Ali" to death Tuesday for crushing a Shi'ite revolt after the 1991 Gulf War.

New Chemical Ali death sentence (bbc news)
An Iraqi court sentences Ali Hassan al-Majid, known as Chemical Ali, to death for his role in crushing a 1991 Shia uprising.

Burress arrives at Giants Stadium, meets with team (foxsports.com)
Plaxico Burress arrived at Giants Stadium on Tuesday, one day after the star receiver was charged with illegal gun possession.He was told by the team to be there because he is on the active roster and injured.Burress accidentally shot himself in the right thigh at a Manhattan nightclub over the weekend. The case has jeopardized his career with the NFL champions, angered the mayor of New York and raised the strong possibility the wide receiver might land in jail.

Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress arrived at Giants Stadium on Tuesday, facing the possibility that his career with the Super Bowl champions could be over and he could land in jail after accidentally shooting himself in the thigh at a nightclub.

Burress arrives at Giants Stadium (yahoo! news)
AP - Plaxico Burress has arrived at Giants Stadium, one day after the star receiver was charged with illegal gun possession.

Burress Posts Bail, Will Appear in Court in March (abc news)
10 months after Super Bowl heroics, Giants wide receiver Plaxico Burress faces weapons charges

Burress posts bail, will appear in court in March (yahoo! news)
AP - It was just 10 months ago that Plaxico Burress became an instant New York sports hero after his clutch performance in the Super Bowl. But on Monday, Burress was hauled out of a police precinct in handcuffs facing two weapons charges that could send him to jail.

Giants talking about Burress' future with the team (yahoo! news)
AP - The New York Giants might make a decision on Plaxico Burress' immediate football future before the justice system or the NFL hands down rulings.

NFL star shoots himself in leg (abc sport)
New York Giants star receiver Plaxico Burress was arrested overnight on charges of illegal firearms possession after accidentally shooting himself at a nightclub.

NFL star arrested on gun charge (abc sport)
New York Giants star receiver Plaxico Burress was arrested overnight on charges of illegal firearms possession after accidentally shooting himself at a nightclub.

Burress posts $100K bail on weapons charges (foxsports.com)
Plaxico Burress has appeared in court on weapons possession charges stemming from an accidental shooting at a Manhattan nightclub.Manhattan Criminal Court Judge Felicia Mennin set bail at $100,000 and ordered Burress to return March 31.Defense lawyer Benjamin Brafman argued for no bail, saying: "He has 35 million reasons to come back to court" - referring to his $35 million contract with the Giants.

CORRECTED: NFL-Patriots and Bucs to play at (yahoo! news)
The NFL will return to London next year with two of its top teams when the New England Patriots face the Tampa Bay Buccaneers.

Struggling Patriots focus on immediate future (yahoo! news)
New England Patriots players are spending little time thinking about next year's game in London that was announced Monday. They're more concerned with the long trip they'll make in the other direction.

Patriots and Bucs to play at Wembley in 2009 (yahoo! news)
The NFL will return to London next year with two of its top teams when the New England Patriots face the Tampa Bay Buccaneers.

Patriots set for Wembley (bbc sport)
New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.

Pats to battle Bucs in London in 2009 (foxsports.com)
The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.The game will be played Oct. 25. The Bucs will be listed as the home team, giving up a game in Tampa."Over the past two years, we have seen first-hand the excitement that exists for our sport in the UK," NFL commissioner Roger Goodell said Monday in a statement.

Pats to play Bucs in London in 2009 (yahoo! news)
The New England Patriots will play the Tampa Bay Buccaneers next season at Wembley Stadium, the third straight year the NFL will stage a regular-season game in the British capital.

Patriots and Bucs to play at Wembley in 2009 (yahoo! news)
The Tampa Bay Buccaneers will face the New England Patriots when the NFL returns to London next year, the league said on Monday.

Patriots set for Wembley fixture (bbc sport)
New England and Tampa Bay will play at Wembley on 25 October 2009, in the third NFL game to take place outside the Americas.

Tour Officials Ho-Hum About Armstrong's Return (abc news)
Tour de France: 'nothing's new' about Lance Armstrong's plan to return next year

Armstrong confirms Tour de France comeback (abc sport)
Seven-time Tour de France winner Lance Armstrong has confirmed he will return to the prestigious cycling race next year.

AP NewsBreak: Armstrong to race in 2009 Tour (yahoo! news)
AP - Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year.

Armstrong opts to ride 2009 Tour (bbc sport)
Lance Armstrong will attempt to win the Tour de France for an eighth time as the American cyclist confirms he will ride in the 2009 race.

AP NewsBreak: Armstrong to race in 2009 Tour (yahoo! news)
Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year.

AP NewsBreak: Armstrong to Race in 2009 Tour (abc news)
AP NewsBreak: Armstrong to ride in 2009 Tour, ending speculation he might skip top race

Lance will ride in 2009 Tour de France (foxsports.com)
Lance Armstrong will ride in the 2009 Tour de France, marking the first time he will compete in that race and the Giro d'Italia in the same year."I'm committed to riding for the best guy," Armstrong said Monday, acknowledging the taxing schedule could leave him riding in a supporting role in France. Armstrong's Astana team includes 2007 Tour winner Alberto Contador and is loaded with other talented riders.

Benitez tells Liverpool fans to revel in being top of the league (yahoo! news)
AFP - Rafael Benitez told disgruntled Liverpool fans to enjoy their side sitting on top of the Premier League table despite the frustration of a goalless draw at home to West Ham.

Reds blow chance to seize title advantage (abc sport)
Liverpool went one point clear at the top of the English Premier League table despite suffering a frustrating goalless draw at home to West Ham this morning (AEST).

Hammers dent Liverpool's title credentials (yahoo! news)
AFP - Liverpool went one point clear at the top of the Premier League table despite suffering a frustrating goalless draw at home to West Ham on Monday.

Liverpool go top but left frustrated by Hammers (yahoo! news)
AFP - Liverpool moved to the top of the English Premier League after a goalless draw with West Ham at Anfield on Monday.

Live text - Liverpool v West Ham (bbc sport)
Liverpool and West Ham are locked in a goalless stalemate at Anfield as the hosts try to pull clear at the top of the Premier League.

Police investigating NYC hospital that treated Giants' Burress (yahoo! news)
AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.

Plax hit with weapon charge; Pierce under scrutiny (foxsports.com)
Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.

Police investigating hospital in Burress shooting (yahoo! news)
AP - Plaxico Burress was led out of a police precinct in handcuffs Monday after surrendering on a weapons possession charge, and authorities said that teammate Antonio Pierce is being investigated over his role in an accidental shooting at a Manhattan nightclub.

Giants' Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress planned to plead not guilty to a weapon possession charge at a court appearance Monday, two days after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Police investigating hospital in Burress shooting (yahoo! news)
AP - Authorities investigating Plaxico Burress' accidental shooting say they are looking into what roles his teammate Antonio Pierce and the hospital that treated Burress played in the incident.

Burress arrives at police station, turns himself in (foxsports.com)
Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Burress arrives at station to turn himself in (foxsports.com)
Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Giants WR Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress arrived at a police station early Monday, where he was expected to be charged after accidentally shooting himself in the right thigh at a Manhattan nightclub.

Giants' Burress turns himself in to police (yahoo! news)
AP - Plaxico Burress arrived at a police station early Monday morning, where he was expected to be charged after accidentally shooting himself in the right thigh.

Ahead of the Bell: Analyst cuts Yahoo price target (yahoo! news)
Jefferies analyst Youssef Squali cut his price target on Yahoo Inc.'s shares Tuesday morning, due to slower growth in overall online ad spending.

Britney Spears tops Yahoo searches (yahoo! news)
AP - She did it again: Britney Spears was the most popular search term on Yahoo for the fourth year in a row � her seventh time topping the list.

Britney more popular than Obama (bbc news)
The singer, Britney Spears, has beaten Barack Obama to top spot in the world of internet search during 2008, Yahoo says.

Britney Spears is queen of Yahoo searches in 2008 (yahoo! news)
AFP - Britney Spears reigns supreme in online searches at Yahoo this year despite an historic US presidential election and a global financial crisis.

Virgin Media taps Yahoo for mobile Internet search (yahoo! news)
AFP - British telecommunications titan Virgin Media announced on Monday that it will use Yahoo oneSearch to power Internet exploration for its mobile service customers.

Spears, wrestling, Obama lead Yahoo top 10 searches (yahoo! news)
Reuters - Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo reported on Monday.

Spears, wrestling, Obama lead Yahoo top 10 searches (yahoo! news)
Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo reported on Monday.

Britney Spears, Obama lead Yahoo top searches (msnbc.com)
Barack Obama's presidential victory got more clicks than any other story on yahoo.com this year, but the most searched term was "Britney Spears," Yahoo Inc reported on Monday.

Microsoft and Yahoo Dismiss Report of Search Deal (yahoo! news)
Microsoft and Yahoo have dismissed a report that they're once again in discussions to sell Yahoo's online search business for $20 billion.

FCC to mull free Internet plan (yahoo! news)
Reuters - The U.S. Federal Communications Commission is likely to consider a plan this month to auction public airwaves with a mandate that the winning bidder set aside some for free Internet nationwide, a proposal staunchly opposed by the cell phone industry.

Nokia unveils N97 touch screen phone (msnbc.com)
Nokia Oyj, the world's largest mobile phone maker, unveiled its flagship N97 model smartphone on Tuesday, which drew a lukewarm response from analysts.

Music going the way of the Web (msnbc.com)
Digital music sales account for 18 percent of the U.S. music market and that figure will grow to 41 percent in five years, Forrester Research said in a report released on Monday.

U.S. in recession, Europe backs spending hikes (reuters)
The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn.

Officials Vow to Act Amid Signs of Long Recession (nyt > business)
With word that the U.S. officially sank into a recession last December, the Fed chairman and the Treasury secretary said they would use all the tools at their disposal.

Oil falls below $48 (yahoo! news)
Reuters - Oil fell to a 3-1/2-year low below $48 a barrel on Tuesday as signs grew that the global economy was in worse shape than thought and after OPEC opted to delay talks on further output cuts.

Officials Vow to Act Amid Forecasts of Long Recession (nyt > business)
As economists said that the U.S. officially sank into a recession last December, the Fed chairman and the Treasury secretary said they would use all the tools at their disposal to restore normalcy to the economy.

Recession Began Last December, Economists Say (nyt > business)
The U.S. economy officially sank into a recession last December, which means that the downturn is already longer than the average for all recessions since World War II.

Oil tumbles below $50 as recession called (yahoo! news)
AP - Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007 and the Dow Jones industrial average fell nearly 700 points.

Oil drops 9 percent to $49 as OPEC defers cuts (yahoo! news)
Reuters - Oil plunged more than 9 percent to $49 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend.

It's official: US has been in a recession all year (yahoo! news)
AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

Panel says US has been in recession since Dec. '07 (yahoo! news)
AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday. The NBER � a private, nonprofit research organization � said its group of academic economists who determine business cycles met and decided that the U.S. recession began last December.

Oil drops below $50 (latest stock market ...)
Oil prices fell back below $50 a barrel Monday, to its lowest level in more than 3-1/2 years, after OPEC said it would wait until its next scheduled meeting in mid-December to consider further production cuts designed to stabilize prices.

Fed extended lending programs had been set to expire in Jan. (marketwatch.com)
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Fed plan to buy commercial paper extended to April (marketwatch.com)
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Fed lending to investment banks extended to April (marketwatch.com)
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Fed extends credit programs through April 30 (latest financial new...)
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British Airways in merger talks with Qantas (yahoo! news)
British Airways PLC said Tuesday it is in talks with Australia's Qantas Airways Ltd. about a potential merger, sending its shares soaring as it confirmed expectations of consolidation in the hard-hit aviation industry.

British Airways in Talks With Qantas (nyt > business)
The addition of Qantas would add a significant Asia-Pacific element to a joint business agreement including British Airways, American Airlines and Iberia Airlines.

BA in merger talks with Qantas (latest financial new...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed tuestday.

BA talks merger with Qantas (business and financi...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed Tuesday.

BA in merger talks with Qantas (business and financi...)
British Airways is in merger talks with Australian airline Qantas, BA confirmed Tuesday.

Crisis hits US and Europe shares (bbc news)
European shares fall sharply amid increasing concerns over the state of the world's economy, mirroring a similar decline on Wall Street.

Nikkei index tumbles after US plunge (yahoo! news)
AP - Japan's Nikkei index tumbled more than 6 percent Tuesday as selling spread across the board on big losses on Wall Street amid growing gloom over the global economy.

Nikkei Tumbles on Yen, Darkening Economic View (nyt > business)
Japan?s Nikkei average tumbled 4.6 percent, dragged down by Honda Motor Co. and other exporters on a stronger yen as fears deepened about the global economy.

Nikkei index falls sharply after US plunge (yahoo! news)
AP - Japan's Nikkei stock index tumbled more than 4 percent Tuesday morning as sentiment turned downbeat on big losses on Wall Street amid growing gloom over the global economy.

Nikkei index down sharply after US plunge (yahoo! news)
Japan's Nikkei stock index has opened more than 5 percent lower following an overnight plunge on Wall Street amid growing gloom over the global economy.

Nikkei down sharply after U.S. plunge (latest financial new...)
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It's official: US has been in a recession all year (yahoo! news)
AP - It's official. The U.S. economy has been in a recession for the past year.

AP IMPACT: They warned us, but US eased loan rules (yahoo! news)
AP - The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.

U.S. economy under considerable stress, Bernanke says (marketwatch.com)
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Wall Street extends gains on autos and GE (yahoo! news)
Reuters - Stocks extended gains on Tuesday, sending the Dow and S&P 500 up more than 2 percent as investors grew optimistic about a rescue for the U.S. auto industry.

Wall Street set for rebound on bargain search (yahoo! news)
Reuters - Stocks headed for a rebound at Tuesday's opening as investors went in search for beaten-down shares after Monday's losses, while renewed hopes for the auto industry tempered worry about the recession.

Wall Street hopes support Europe stocks (latest financial new...)
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Wall Street hopes bolster Europe (latest stock market ...)
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Bernanke: Economic weakness to continue (latest financial new...)
Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will persist for some time, even if the government's efforts to boost lending help restore the credit markets to normal.

Stocks slide as Bernanke confirms economic stress (yahoo! news)
Reuters - Stocks tumbled on Monday as economic reports showing further evidence of the worsening global economic climate were backed up in comments from Federal Reserve Chairman Ben Bernanke.

Fed may cut rates further, Bernanke says (cbc)
The U.S. central bank may cut interest rates from the current level one per cent, Federal Reserve chairman Ben Bernanke said.

Bernanke: lower interest rates are "feasible" (yahoo! news)
AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.

Bernanke: Economic weakness to continue (latest financial new...)
Federal Reserve Chairman Ben Bernanke said on Monday that the nation's economic weakness will continue for some time, even if the government's efforts to boost lending help restore the credit markets to normal.