The latest news on the Financial Crisis, Main Street Crisis, Wind Power, Nobel Peace Prize, Nuclear Weapons, Iraq, Iran, Afghanistan, North Korea, and Select Op-eds.

Sign up to receive our daily news summary via e-mail »

Financial crisis. Fear grips global stock markets "Shares across the world fall sharply amid growing fears that leading economies are headed for a severe slowdown." Nightmare on Wall Street "The fear gripping the stock market escalated Thursday as panicky investors pushed the Dow Jones industrial average to its biggest one-day percentage loss in more than two decades and worries grew that efforts to ease the global credit crisis wouldn't work." Fears of Recession Deepen Rout "Fear and foreboding took hold on Wall Street yesterday, as the stock market again plunged and investors became convinced that the nation is on the verge of a deep and prolonged recession." Nations Weigh Global Action to Crisis " The United States and Britain appear to be converging on a similar blueprint for stemming the financial chaos sweeping the world, one day before a crucial meeting of leaders begins in Washington that the White House hopes will result in a more coordinated response." Financial Crisis Tests Limits of Unity Within the E.U. "Three weeks ago, as the Bush administration struggled to salvage collapsing U.S. investment banks, European leaders calmly reassured their people. Banks on this side of the Atlantic are more wisely regulated, they said, and unlikely to succumb to the chaos on Wall Street." ANALYSIS: The End Of American Capitalism? "The worst financial crisis since the Great Depression is claiming another casualty: American-style capitalism."

Main Street crisis. American heartland is suffering from Wall Street's woes "While all eyes are on Wall Street's plunge, the snowballing financial crisis is sending an already weak Main Street economy into decline. Dispatches from McClatchy newspapers in 30 U.S. cities make it clear that Main Street America is suffering from the deteriorating health of Wall Street." A chilly wind is blowing down Main Street "As the banks run out of money, thousands of people across America face homelessness through no fault of their own." Struggling KC area food pantries issue plea for help "If hard times have found you, you're likely to find they've hit area food pantries too.