Worries over a global recession have pushed the price of oil to its lowest in over a year. Don't expect the same for a bottle of beer, a tube of toothpaste, or a box of cereal.
With little question the U.S. is in the grips of a recession, investors this week will lean on a stream of earnings and economic reports to help determine exactly how prolonged and painful the downturn might be.
Evoking "Joe the Plumber" near his hometown in this pivotal state, Republican John McCain on Sunday cast himself as the guardian of middle-class workers and small-business owners who fuel the economy.
A 6-year-old boy abducted from his home at gunpoint was safe in his father's custody Sunday as police tried to untangle any ties the youngster's family had to the Mexican drug dealers suspected of taking him.
Colin Powell, a Republican and retired general who was President Bush's first secretary of state, broke with the party Sunday and endorsed Democrat Barack Obama for president, calling him a "transformational figure" while criticizing the tone of John McCain's campaign.
The vast sums of money Barack Obama is raising for the presidential campaign risk the post-Watergate financing reforms, Republican rival John McCain charged Sunday.