Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
The secrecy around Mayor Michael R. Bloomberg’s selection of Cathleen P. Black to run the city’s schools highlighted his faith in business leaders and dislike of public debate.
Starting Thursday, Wal-Mart plans to offer free shipping on its Web site, a move that may create an expectation among consumers and a threat to smaller retailers.
AP - President Barack Obama used a boisterous Labor Day rally to put congressional Republicans on the spot, challenging them to place the country's interests above all else and vote to create jobs and put the economy back on a path toward growth. "Show us what you've got," he said.
AP - Pledging fidelity to the Constitution and vowing to carry the tea party's priorities to the White House, the Republicans chasing the GOP's presidential nomination pitched themselves Monday to their party's libertarian activists as the strongest candidates to roll back four years of President Barack Obama's tenure.
AP - The slow-moving remnants of Tropical Storm Lee dumped rain across the South and whipped up twisters that damaged dozens of Georgia homes as the system pushed farther inland on Monday.
Five of the GOP's leading presidential contenders traveled to South Carolina to kiss the ring of tea party kingmaker Jim DeMint at a first-of-its-kind forum.
Firefighters southeast of Austin battled strong winds and struggled to control a fast-moving wildfire that has scorched 25,000 acres and burned nearly 500 homes.