Alan Greenspan, the former Federal Reserve chairman, told a House panel that he ?made a mistake? in trusting that free markets could regulate themselves.
AP - Asian stocks tumbled for a third day Friday on persistent worries that a global recession will eat into corporate profits. Shares of Sony plunged more than 12 percent after it slashed its earnings forecast for the fiscal year.
AP - A Soyuz capsule carrying an American and two Russians touched down on target in Kazakhstan on Friday after a descent from the international space station, safely delivering the first two men to follow their fathers into space.
AP - Democratic presidential candidate Barack Obama's fundraising clip slowed down in October to about a half of his torrid September pace even as he increased his spending to record levels.
The judge in the corruption trial of U.S. Sen. Ted Stevens is considering whether to dismiss one of the 12 jurors after other jurors Thursday accused her of violent outbursts and other alleged misconduct.
A new Republican ad appears to suggest that Barack Obama has all but won the presidential race, an argument several vulnerable Senate Republicans may have to reluctantly embrace with only days until Election Day, an expert in campaign advertising said.