Top World News
| Dow plunges nearly 430 to fall below 8,000 mark
(AP)
| AP - Wall Street hit levels not seen since 2003, with the Dow Jones industrial average falling below the 8,000 mark, as the fate of Detroit's Big Three automakers and the economy disheartened investors.
| | Sen. Clinton weighing secretary of state post
(AP)
| AP - Associates of Sen. Hillary Rodham Clinton said Wednesday the former first lady is weighing whether to leave the Senate and become secretary of state in the Obama administration, a job they say she believes is hers if she wants it.
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Business News
| Wall Street plunges to 5-1/2-year lows
(Reuters)
| Reuters - Stocks plunged to the lowest in five and a half years on Wednesday as investors girded for a lengthy economic downturn and U.S. auto executives predicted a far-reaching calamity without a government lifeline.
| | Fed minutes: may need more rate cuts if growth ebbs
(Reuters)
| Reuters - Federal Reserve officials slashed economic growth forecasts through 2009 and some believed even deeper interest rate cuts may be needed if growth slows further, minutes of their October policy meeting show.
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