After spending much of Friday below 10000, the market recovered lost ground amid positive news about unemployment. But the government-debt crisis in Greece is prompting investors to worry, again, about the health of the financial system.
Growth in manufacturing and part-time employment raised hopes despite the loss of 20,000 more nonfarm jobs in January. The jobless rate fell to 9.7 percent.
Anxieties about the health of the euro go to the central dilemma of the European Union: the grip of states over economic policy, which makes it hard for the union as a whole to deal well politically with a crisis.
AP - Life in the nation's capital ground to a halt Friday as steady snow fell, the beginning of a storm that forecasters said could be the biggest in modern history.
AP - No, maybe he can't. President Barack Obama, who insisted he would succeed where other presidents had failed to fix the nation's health care system, now concedes the effort may die in Congress.
AP - A car bomb ripped through a crowd of Shiite pilgrims outside the holy city of Karbala Friday, sending many fleeing into the path of a suicide attacker who detonated a second bomb in coordinated blasts that killed at least 40 people and wounded 150.
Two bomb attacks -- the first on a group of Shiite mourners and the second outside the hospital where the injured mourners were taken -- have killed about 20 people and injured at least 75 in the Pakistani city of Karachi, according to initial reports. The first bomb exploded next to a bus full of Shiite mourners driving toward a procession in downtown Karachi. Shortly after, a second bomb targeted the injured, ripping through a group of emergency workers, journalists, and the wounded outside the hospital closest to the first explosion.
Whisky bottles belonging to the arctic explorer Ernest Shackleton that had been trapped in ice for over a hundred years have finally been freed.
An excavation team from the New Zealand Antarctic Heritage Trust announced today that that they have successfully retrieved five crates of alcohol -- including whisky and brandy -- that were stuck underneath Shackleton's Antarctic hut.
They are now being examined by a team of scientists from New Zealand who were surprised to have found so much alcohol still in tact.
The Idaho Baptists being held in Haiti could wait as long as three months to hear their fate after they were charged with child kidnapping and criminal conspiracy Thursday, according to a lawyer representing the group.
Two men killed when their helicopter crashed in the Dominican Republic were friends who left their homes to help deliver aid in Haiti, a son of one victim said.
A snowstorm smacked the nation's capital and mid-Atlantic states on Friday, while a father and son were killed in Virginia when they stopped to help another motorist.
It's going to be a rough weekend for travelers in the mid-Atlantic. Hundreds of flights have been cancelled in advance of the winter storm expected to wallop the region, and heavy snow and white-out conditions predicted for some areas will make roads dangerous.
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