Oil futures close down below $98 a barrel in New York. Oil futures fall as dollar strengthens.

There is one hopeful note in the case of Dominique Strauss-Kahn's alleged sexual assault of a New York hotel maid. The maid's story was believed and quickly acted upon. And after an initially defensive reaction to DSK's arrest, the French now face an opportunity for self-reflection.

Airline stocks in Europe: Budget carrier Ryanair initiates first cutbacks ever, saying it's cheaper to ground 80 planes than fly them. Other airline stocks fell because Iceland's volcanic eruption could disrupt traffic.

AP - A massive tornado that tore a six-mile path across southwestern Missouri killed at least 89 people as it smashed the city of Joplin, ripping into a hospital, crushing cars like soda cans and leaving behind only splintered tree trunks where entire neighborhoods once stood.

AP - Beaming before an exultant sea of people, President Barack Obama on Monday reveled in his distant Irish ancestry, offering spirited thanks from tens of millions of Americans who trace connections to Ireland. Far away from divisive Washington politics, Obama stood with his wife, Michelle, and said: "We feel very much at home."

AP - Pakistani commandos regained control of a naval base Monday from a team of Taliban militants who attacked then occupied the high-security facility for 18 hours — an exceptionally audacious act of insurgent violence that dealt a humiliating blow to the military.