The Fed chief said that the central bank ?stands ready to take additional actions as needed? to limit the effect of the financial market disorder on the economy.
After a vicious knife attack sent a University of Colorado freshman to the hospital with a slashed neck, a campus acappella group decided to make light of the event.
AP - Idaho Republican Sen. Larry Craig will resign from the Senate amid a furor over his arrest and guilty plea in a police sex sting in an airport men's room, Republican officials said Friday.
AP - President Bush on Friday announced a set of modest proposals to deal with an alarming rise in mortgage defaults that have contributed to turbulent financial markets over recent weeks.
AP - The prosecutor who led the now-discredited rape case against three Duke University lacrosse players was held in criminal contempt of court Friday for lying to a judge when pursuing charges against the athletes.
Video taken by a spy drone over Haditha on the day in 2005 that U.S. Marines allegedly murdered 24 civilians appears to buttress defense arguments that the Marines were following rules of engagement, a former military judge says. The video, obtained by CNN, is expected to be introduced as evidence.
Sen. Larry Craig of Idaho will announce his resignation Saturday, a Republican source in Idaho tells CNN. The development comes a day after the release of a police recording made after Craig's arrest for disorderly conduct in an airport restroom.