Top World News
| Dow plunges nearly 430 to fall below 8,000 mark
(AP)
| AP - Wall Street hit levels not seen since 2003 on Wednesday, with the Dow Jones industrial average plunging below the 8,000 mark as the fate of Detroit's Big Three automakers amid a slumping 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 sinks to lowest since 2003
(Reuters)
| Reuters - Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive 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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