AP
Top Stories - AP

A traffic light is pictured beside the Wall Street road sign in the financial district of New York September 19, 2008. (Lucas Jackson/Reuters)

Wall Street set to follow global sell-off

6 minutes ago

NEW YORK - Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks appeared headed for a steep drop at the opening, and the credit markets remained under strain.

  • Republican vice presidential nominee Alaska Governor Sarah Palin speaks during the U.S. vice presidential debate at Washington University in St. Louis, Missouri, October 2, 2008. (Jim Young/Reuters)
    McCain, Obama camps trade barbs on negative ads 1 hour, 11 minutes ago

    ASHEVILLE, N.C. - The McCain and Obama presidential campaigns traded accusations of mudslinging Monday in the wake of new ads dredging up infamous events from 20, 30, even 40 years ago.

  • Members of the U.S. Supreme Court sit for a group portrait at the Supreme Court in Washington in this March 3, 2006 file photo. Seated in the front row, from left to right are: Associate Justice Anthony M. Kennedy, Associate Justice John Paul Stevens, Chief Justice of the United States John G. Roberts, Associate Justice Antonin Scalia, and Associate Justice David Souter. Standing, from left to right, in the top row, are: Associate Justice Stephen Breyer, Associate Justice Clarence Thomas, Associate Justice Ruth Bader Ginsburg, and Associate Justice Samuel Alito Jr. (AP Photo/J. Scott Applewhite, File)
    Cigarette suit first up in new court term Monday 1 hour, 15 minutes ago

    WASHINGTON - The Supreme Court opens a new term Monday with denials expected in hundreds of appeals and arguments over limits on lawsuits against tobacco companies.

  • Juror Dora Pettit, center, speaks during a news conference at the Clark County Regional Justice Center in Las Vegas, Sunday, Oct. 5, 2008. The jurors who convicted O.J. Simpson of armed robbery and kidnapping in Las Vegas say they relied more on video and other documented evidence than on witness testimony. (AP Photo/Jae C. Hong)
    OJ Simpson jury says witness testimony not trusted 1 hour, 16 minutes ago

    LAS VEGAS - Jurors who found O.J. Simpson guilty in his armed robbery trial say secret audio tapes and surveillance video swayed them more than witness accounts.

  • A Citibank is shown in Mountain View, Calif., Friday, Oct. 3, 2008. Citigroup Inc. announced in a news released Saturday that state Supreme Court Justice Charles Ramos issued the order Saturday night Oct. 4, 2008. (AP Photo/Paul Sakuma)
    Court tilts Wachovia fight toward Wells Fargo 1 hour, 19 minutes ago

    NEW YORK - The battle for control of troubled bank Wachovia tilted toward Wells Fargo Sunday as a state appeals court blocked a lower court ruling that had favored rival bidder Citigroup.

  • Emergency responders search through high weeds in a water filled ditch after a tour bus crashed on a rural two lane road near Williams, Calif., on Sunday, Oct. 5, 2008. At least 10 people died and several were injured in the  crash  north of Sacramento.(AP Photo/Steve Yeater)
    Northern California bus crash leaves 10 dead 55 minutes ago

    WILLIAMS, Calif. - A casino-bound charter bus flipped over about 10 miles from its destination, ejecting passengers and crushing others as it rolled into a ditch. Ten people died and dozens of others were injured.

  • In this Sept. 26, 2007 file photo  Luc Montagnier, one of the doctors who helped first isolate the HIV virus, poses with a golden crown of laurels awarded to him in Sofia, Bulgaria . Germany's Harald zur Hausen and French researchers Francoise Barre-Sinoussi and Luc Montagnier have shared the 2008 Nobel Prize in medicine. Montagnier and Barre-Sinoussi were honored for discovering HIV, the AIDS virus (AP Photo)
    3 share Nobel prize for work on AIDS and cancer 8 minutes ago

    STOCKHOLM, Sweden - Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.

  • In this Feb. 3, 2001 file photo, a hedgehog curls up in the hands of its owner at a hedgehog club exhibit in Anchorage, Alaska. Hedgehogs can be dangerous for young children because their quills can penetrate skin and have been known to spread a bacteria germ that can cause fever, stomach pain and a rash, according to the American Academy of Pediatrics in a new report about dangers from exotic animals. (AP Photo/Al Grillo, File)
    Doctors: No hamsters or exotic pets for young kids 1 hour, 21 minutes ago

    CHICAGO - Warning: young children should not keep hedgehogs as pets — or hamsters, baby chicks, lizards and turtles, for that matter — because of risks for disease.

  • Actress and singer Miley Cyrus performs at her 'Sweet Sixteen' birthday party at Disneyland in Anaheim, Calif. on Sunday, Oct. 5, 2008. (AP Photo/Dan Steinberg)
    Miley Cyrus celebrates Sweet 16 at Disneyland 1 hour, 22 minutes ago

    ANAHEIM, Calif. - Miley Cyrus' 16th birthday party was more boisterous than sweet. Cyrus celebrated the hallmark birthday at an over-the-top Disneyland celebration Sunday — even though she doesn't actually turn 16 until Nov. 23. The theme park was closed for the supersized soiree, which included a four-song performance by the teen queen and a fireworks display above Sleeping Beauty Castle and 16 giant inflatable candles.

  • Los Angeles Angels' Erick Aybar (2), who drove in the winning run in the twelfth inning, joins teammates including Howie Kendrick (47) to celebrate a 5-4 win over the Boston Red Sox in Game 3 of baseball's American League division series in Boston Sunday, Oct. 5, 2008. The teams will play Game 4 Monday night in Boston. (AP Photo/Elise Amendola)
    Both American League series play game 4 today 1 hour, 23 minutes ago

    CHICAGO - The American League Division Series resume today with the Tampa Bay Rays playing the White Sox in Chicago and the Los Angeles Angels facing the Red Sox in Boston. Both are game 4 in the best-of-5 series with the Rays and Red Sox leading 2 games to 1. The National League Championship Series between the Los Angeles Dodgers and the Philadelphia Phillies begins on Thursday.

  • A Japanese businessman looks back a digital stock indicator in Tokyo Monday, Oct. 6, 2008. Japanese stocks sank Monday to their lowest finish in nearly five years on growing worries about a global economic slump despite the passage of a U.S. financial bailout package. The benchmark Nikkei 225 index lost 465.05 points, or 4.25 percent, to close at 10,473.09 — its lowest finish since February 2004. (AP Photo/Koji Sasahara)
    European, Asian markets plunge on crisis fears 2 hours, 2 minutes ago

    LONDON - Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.

  • Sen. Ted Stevens, R-Alaska, left, and defense attorney Brendan Sullivan leave the U.S. District Court in Washington Thursday, Oct. 2, 2008. A federal judge Thursday rejected a defense demand to declare a mistrial after a prosecutor miscue in the corruption case against Stevens.  (AP Photo/Jose Luis Magana)
    Stevens attorneys try again to end trial early 1 hour, 17 minutes ago

    WASHINGTON - A federal judge on Monday will hear the government's response to a motion by Sen. Ted Stevens' attorneys for a mistrial and dismissal of all charges against the veteran lawmaker.

  • Boston Red Sox pitcher Josh Beckett waits for a new ball as Los Angeles Angels' Mike Napoli, left, rounds the bases after he hit a two-run home run in the third inning of Game 3 of baseball's American League division series in Boston, Sunday, Oct. 5, 2008. (AP Photo/Charles Krupa)
    Napoli helps Angels beat Red Sox 5-4, avoid sweep 2 hours, 39 minutes ago

    BOSTON - After 11 consecutive losses and two straight playoff sweeps, the Los Angeles Angels had grown tired of being a bump in Boston's road to the World Series.

  • In an April 3, 2008 file photo Jimmy Kimmel poses on the press line at the Jimmy Kimmel Show 1000th Episode Party.     Kimmel is slated to host the American Music Awards  on Nov. 23, 2008.  (AP Photo/Dan Steinberg/file)
    Jimmy Kimmel returns as American Music Awards host Mon Oct 6, 4:32 AM ET

    NEW YORK - Jimmy Kimmel is coming back to provide more laughs for the American Music Awards.

  • In this photo provided by the U.S. Coast Guard, Unified Command responders discuss conditions at a diesel spill site on Goat Island, Texas, Thursday, Sept. 25, 2008. Teams have been working throughout the Houston-Galveston and Port Arthur, Texas, areas to identify, assess and remediate pollution sites since the passing of Hurricane Ike. (AP Photo/U.S. Coast Guard, Petty Officer 1st Class L.F. Chambers)
    AP Investigation: Ike environmental toll apparent Mon Oct 6, 3:35 AM ET

    WASHINGTON - Hurricane Ike's winds and massive waves destroyed oil platforms, tossed storage tanks and punctured pipelines. The environmental damage only now is becoming apparent: At least a half million gallons of crude oil spilled into the Gulf of Mexico and the marshes, bayous and bays of Louisiana and Texas, according to an analysis of federal data by The Associated Press.

  • Bank of America settles suits over bad mortgages 7 minutes ago

    SPRINGFIELD, Ill. - Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep people from losing their homes.

  • President Bush shakes hands with Treasury Secretary Henry Paulson at the Treasury Department in Washington after the House passed the $700 billion financial bailout bill, Friday, Oct. 3, 2008. With the economy on the brink of meltdown and elections looming, a reluctant Congress abruptly reversed course and approved a historic $700 billion government bailout of the battered financial industry on Friday. President Bush swiftly signed it. (AP Photo/Charles Dharapak)
    Battered financial industry faces more oversight Mon Oct 6, 12:47 AM ET

    WASHINGTON - With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months.

  • Republican vice-presidential candidate Sarah Palin at a campaign rally in the Los Angeles. Barack Obama's White House campaign has hammered Republican John McCain for wanting to "turn the page" on the US economic crisis and engage in low-blow personal attacks a month away from election day.(AFP/Getty Images/David Mcnew)
    Analysis: Palin's words may backfire on McCain Mon Oct 6, 12:55 AM ET

    WASHINGTON - And though she may have scored a political hit each time, her attack was unsubstantiated and carried a racially tinged subtext that John McCain himself may come to regret.

  • Troops of Pakistan army patrol in troubled area of Damgar village after securing it from militants in Swat district in Pakistan on Monday, Oct. 6, 2008. Hundreds of thousands of villagers fled their villages as Pakistani security forces started crack down operations against militants and Taliban. (AP Photo/Sherin Zada)
    Pakistan insists no deal made with US on strikes Mon Oct 6, 5:04 AM ET

    ISLAMABAD, Pakistan - Pakistan insisted Monday it had no deal allowing the U.S. to fire missiles at militant hideouts after an American newspaper quoted the new president as suggesting otherwise.

  • Ann Burke talks about the new educational programs on teen dating violence while seated next to photos of her daughter Lindsay in her home in North Kingstown, R.I., Sept. 22, 2008. Lindsay Burke was murdered by her boyfriend in 2005 after an abusive relationship. A new law, named in her honor, mandates education of students and faculty in Rhode Island public schools about the signs of an abusive relationship.  (AP Photo/Joe Giblin)
    RI schools required to teach about dating violence Mon Oct 6, 12:50 AM ET

    NORTH KINGSTOWN, R.I. - Ann Burke saw signs of trouble with her daughter's boyfriend.

  • Pittsburgh Steelers quarterback Ben Roethlisberger, right, throws the ball as teammate Pittsburgh Steelers guard Chris Kemoeatu (68) blocks Jacksonville Jaguars safety Pierson Prioleau, left, during the second quarter of an NFL football game, Sunday, Oct. 5, 2008, in Jacksonville, Fla. (AP Photo/Phil Coale)
    Big Ben, Steelers end 4-game slide against Jaguars Mon Oct 6, 12:14 AM ET

    JACKSONVILLE, Fla. - Big Ben's big night gave the Pittsburgh Steelers a big boost in the AFC North. Ben Roethlisberger threw for 309 yards and three touchdowns, helping the Steelers overcome their offensive woes and leading them to a 26-21 victory over the Jacksonville Jaguars on Sunday night.

  • Democratic presidential candidate Sen. Barack Obama, D-Ill., holds a baby as he shakes hands at a rally at Memorial Stadium at Asheville High School in Asheville, N.C., Sunday, Oct. 5, 2008.(AP Photo/Alex Brandon)
    GOP to file fundraising complaint against Obama Sun Oct 5, 9:35 PM ET

    WASHINGTON - The Republican National Committee plans to file a fundraising complaint against Democrat Barack Obama's presidential campaign Monday, alleging it has accepted donations that exceed federal limits as well as illegal contributions from foreigners.

  • University of Utah researcher Jeff Rice records the rattling sound of a Great Basin rattlesnake Thursday, Sept. 4, 2008, in Salt Lake City to add to his collection. The landscape recordings could also provide important audio snapshots that could be used for comparison later when trying to understand how animals respond to encroaching subdivisions, oil and gas development, a warming climate or other changes. (AP Photo/Douglas C. Pizac)
    Recordings aim to capture calls of the wild West Sun Oct 5, 7:51 PM ET

    SALT LAKE CITY - Rattlesnakes aren't to be trifled with, but if you're trying to collect the sound of every creature in the West that slithers, hops, flies or flops, distance isn't a luxury you can afford.

  • Chicago White Sox's John Danks pitches against the Tampa Bay Rays in the first inning of Game 3 of the American League division baseball series Sunday, Oct. 5, 2008, in Chicago. (AP Photo/Pool, M. Spencer Green)
    White Sox beat Rays, close playoff deficit to 2-1 Sun Oct 5, 8:42 PM ET

    CHICAGO - Thanks to John Danks and the White Sox, Chicago still has one team standing. Danks pitched another big game to save the season and well-traveled DeWayne Wise delivered a two-run double as the White Sox beat Tampa Bay 5-3 Sunday, trimming the Rays' lead in their AL playoff series to 2-1.

  • Shopper Dale Kaku looks over shoes near sale signs lined-up for the fall sale at REI, an outdoor retail store, Friday, Oct. 3, 2008, in Seattle. Relief on Wall Street over the hard-won passage of a $700 billion bailout package for the financial system apparently hasn't yet trickled down to the pubs, storefronts, car lots and malls of Main Street. (AP Photo/Elaine Thompson)
    Americans eye bailout, and continue cutting back Sun Oct 5, 8:48 PM ET

    Relief on Wall Street over the hard-won passage of a $700 billion bailout package for the financial system apparently hasn't yet trickled down to the pubs, storefronts, car lots and malls of Main Street.

  • New England Patriots' Kevin Faulk, left, Sammy Morris, center, and Laurence Maroney celebrate after Faulk scored on a 2-yard touchdown run against the San Francisco 49ers in the second quarter of an NFL football game in San Francisco, Sunday, Oct. 5, 2008. (AP Photo/Jeff Chiu)
    Pats get back to winning ways, 30-21 over 49ers Sun Oct 5, 7:40 PM ET

    SAN FRANCISCO - From Randy Moss' dynamic 66-yard touchdown catch to Kevin Faulk's score on a direct snap, the New England Patriots returned to their usual regular-season form in an unusual place.

  • Trader David O'Day works on the floor of the New York Stock Exchange before the closing bell, Friday  Oct. 3, 2008. Stocks ended a volatile week with another sell-off Friday while credit markets remained strained after enthusiasm over the government's $700 billion financial rescue plan gave way to worries about obstacles still facing the economy. (AP Photo/Richard Drew)
    Investors expect volatility as credit woes persist Sun Oct 5, 7:42 PM ET

    NEW YORK - The world's financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government's financial rescue package — and watch for any further fallout from the credit crisis around the globe.

  • Philadelphia Phillies' Pedro Feliz drinks champagne after ninth-inning baseball action in Game 4 of the National League division series Sunday, Oct. 5, 2008, in Milwaukee. The Phillies won the game 6-2 to advance to the National League championship series against the Los Angeles Dodgers. (AP Photo/Michael Conroy)
    Phillies power into NLCS with 6-2 win over Brewers Sun Oct 5, 7:14 PM ET

    MILWAUKEE - With plenty of power to go with their improved pitching, the Philadelphia Phillies are ready for anything in the NL championship series. Bring on the Los Angeles Dodgers. "I like our chances," Phillies manager Charlie Manuel said Sunday after Philadelphia clinched its first trip to the NLCS since 1993 with a 6-2 victory over the Milwaukee Brewers.

  • Washington Redskins running back Clinton Portis runs in for a touchdown in the fourth quarter of an NFL football game against the Philadelphia Eagles, Sunday, Oct. 5, 2008, in Philadelphia. The Redskins won 23-17. (AP Photo/Tom Mihalek)
    Portis' 145 yards rushing leads 'Skins past Eagles Sun Oct 5, 5:30 PM ET

    PHILADELPHIA - Another road win against a division opponent has the Washington Redskins in perfect position to make a run at the NFC East. Clinton Portis ran for 145 yards and one touchdown, wide receiver Antwaan Randle El threw a TD pass and the Redskins beat the Philadelphia Eagles 23-17 on Sunday.