AP - The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.
AP - Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts of short-term debt from companies.
AP - Tuesday night's presidential debate offers Republican John McCain one of his last best chances to stop Democrat Barack Obama's recent surge in the race and turn it in his favor.
AP - The government's rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry.
Report: Iran forces down Western plane
(AP)
AP - Iranian news reports claimed Tuesday that Iran forced a Western aircraft that accidentally entered its airspace to land, then allowed the plane to continue after questioning its passengers.
AP - Two Japanese citizens and an American won the 2008 Nobel Prize in physics for discoveries that help explain the behavior of the smallest particles of matter.
AP - Vladimir Putin is out on video as a judo master. Russian state-controlled media already have shown the powerful prime minister at the wheel of massive racing truck, shirtless on a fishing excursion, and tracking a tiger through the Siberian forest just a few of the he-man presentations designed to boost his public image.
AP - Hindu and Buddhist priests chanted sacred hymns and cascaded flowers and grains of rice over a 3-year-old girl who was appointed a living goddess in Nepal on Tuesday.
AP - Misty May-Treanor is too hurt to keep dancing. The 31-year-old "Dancing with the Stars" contestant and Olympic gold medalist volleyball player appeared at the conclusion of Monday's show on crutches and with a cast on her left leg to announce that she's out of the popular ABC dancing competition after injuring herself while rehearsing Friday.
AP - The American League Championship Series will be an all-East Division affair. The Boston Red Sox and Tampa Bay Rays closed out their respective division series in four games Monday and will square off beginning Friday in St. Petersburg. The National League Championship Series between the Philadelphia Phillies and the Los Angeles Dodgers starts Thursday in Philadelphia.
Reuters - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.
Reuters - Russia negotiated an emergency bailout for Iceland and unveiled an aid package for its own banks on Tuesday, while Japan called for greater coordination in tackling the global financial crisis.
Reuters - Britain will hold more talks with banks this week over a possible multi-billion pound injection of public funds, an industry source said as the credit crisis tightened its grip on Europe's main financial center.
Reuters - Australia stunned markets with its steepest interest cut in 16 years Tuesday and investors expected that other central banks would follow suit in a coordinated move to combat the global credit crisis.
Iran says U.S. plane violated Iran's airspace
(Reuters)
Reuters - An Iranian news agency said on Tuesday that a U.S. military aircraft had unintentionally violated Iranian airspace and been forced to land in Iran, but later allowed to leave.
Reuters - Average household heating fuel costs this winter will be 15 percent higher than last year, with heating oil and natural gas users taking the biggest hit due to more expensive crude oil and colder weather than last winter, the government's top energy forecasting agency said Tuesday.
Reuters - Two Japanese scientists and a Tokyo-born American shared the 2008 Nobel Prize for physics for discoveries in sub-atomic particles, the prize committee said on Tuesday.
Reuters - South Korea's foreign minister played down on Tuesday the notion that North Korea delivered an ultimatum when it held talks last week with a visiting U.S. envoy who was trying to save a floundering nuclear disarmament deal.
AFP - World stock markets stabilised Tuesday despite a tumbling banking sector across Europe, as Asia pulled back from the brink on the prospect of cuts to global interest rates, dealers said.
AFP - Democrat Barack Obama is gaining ground in hard-fought battleground states, new polls said Tuesday, piling pressure on his rival John McCain ahead of their second debate clash.
Select a news topic from the list below, then select a news article to read.
Select a news topic from the list below, then select a news article to read. 