After suffering its steepest drop in nearly four years, the stock market showed some tentative signs of recovery in early trading today. Global markets continued to feel the fallout from Tuesday?s dive.
So will the greatest story ever told have to be retold? Even before it airs March 4 on the Discovery Channel, a controversial new documentary, The Lost Tomb of Jesus, has people asking the question.
Not too much campaign activity to report today. John McCain is in New York City to be honored by the Irish-American Republicans and appear on the Late Show With David Letterman. Meanwhile, Joe Biden continues a trek through New Hampshire.
AP - Stocks searched for stability Wednesday after the previous session's 416-point plunge in the Dow industrials, as investors digested a barrage of economic data and found some comfort in Federal Reserve Chairman Ben Bernanke's comment that no single trigger was responsible for Tuesday's selloff. In early afternoon, the Dow Jones industrials were up 41.90, or 0.34 percent, at 12,258.14 after being up more than 100 points earlier in the session.
AP - North Korea appears to have started complying with a recent nuclear disarmament agreement, but U.S. intelligence officials are telling skeptical lawmakers they will continue to watch the country's actions closely.
AP - House Democratic leaders are developing an anti-war proposal that wouldn't cut off money for U.S. troops in Iraq but would require President Bush to acknowledge problems with an overburdened military.
The judge in the criminal trial of Vice President Dick Cheney's former chief of staff will hold a hearing Wednesday on a new note from the jury deliberating the charges.
A car bomb exploded near a market in southwestern Baghdad Wednesday morning, killing at least 10 people and wounding 21 others, an official with Iraqi emergency police said.