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Stocks plunge anew as retail sales show steep drop (AP) -

Traders work on the floor of the New York Stock Exchange, October 15, 2008. U.S. stocks slid at the open on Wednesday as investors worried that efforts to ease the credit crisis would not avert a recession, overshadowing solid profits from Coca-Cola Co , a bellwether for consumer spending.     REUTERS/Brendan McDermid (UNITED STATES)AP - Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The Dow Jones industrials dropped 600 points, more than half their huge 936-point advance from Monday, and all the major indexes fell at least 6 percent.


'Housewives' actor injured in motorcycle accident (AP) -

In this photo released by ABC, actor Gale Harold is shown in a scene from 'Desperate Housewives.' (AP Photo/ABC, Ron Tom)AP - Gale Harold was in critical condition Wednesday after the "Desperate Housewives" actor crashed his motorcycle the day before, a hospital spokeswoman said.


Nancy Reagan hospitalized with broken pelvis (AP) -

Former first lady Nancy Reagan is seen during a news conference with Republican presidential candidate, Sen. John McCain, R-Ariz.,Tuesday, March 25, 2008, in Bel Air, Calif. Reagan has been hospitalized in Los Angeles with a broken pelvis. Reagan spokeswoman Joanne Drake says the 87-year-old former first lady fell at her home last week. She decided Monday Oct. 13, 2006 to get checked out at Ronald Reagan UCLA Medical Center, where doctors determined she had a fractured pelvis. (AP Photo/Mary Altaffer)AP - Nancy Reagan suffered a broken pelvis in a fall at her home and will be hospitalized for several days, her spokeswoman said Wednesday. The 87-year-old former first lady fell last week, spokeswoman Joanne Drake said. She did not seek immediate medical care but decided Monday to get checked out because of persistent pain, Drake said.


McCain seeks to recharge candidacy at final debate (AP) -

Republican presidential candidate, Sen. John McCain, R-Ariz., greets supporters outside the Hilton New York before boarding their motorcade in New York, Wednesday, Oct. 15, 2008. McCain and Democratic presidential rival Barack Obama will debate for the third and last time Wednesday night during a 90-minute nationally televised forum focusing on the economy and domestic policy. (AP Photo/Carolyn Kaster)AP - John McCain sought to change the course of a campaign moving decidedly in Barack Obama's direction Wednesday night in the third and final presidential debate.


Oil dips below $75 as OPEC cuts demand forecast (AP) -

One side effect of the ongoing financial crisis has been a steep fall in the price of oil. But that drop has not translated into lower petrol prices.(AFPTV)AP - Oil prices dipped below $75 a barrel Wednesday, a new 13-month low, as OPEC reduced its 2009 petroleum demand forecast amid signs that the global economy is headed for a severe downturn.


 

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