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Dow plunges on news recession began in Dec. 2007 (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_bi_ge/financial_meltdown"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.721fb3141f5a4ecc9127c53d682b6233.wall_street_nyrd104.jpg?x=130&y=97&q=85&sig=rRlHel4sMNgNhkmczDj4sQ--" align="left" height="97" width="130" alt="A pair of specialists work on the floor of the New York Stock Exchange, Monday, Dec. 1, 2008. (AP Photo/Richard Drew)" border="0" /></a>AP - Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news and a fresh batch of bad economic reports tanking nearly 680 points. With the economic pain likely to stretch well into 2009, Federal Reserve Chairman Ben Bernanke said Monday he stands ready to lower interest rates yet again and to explore other rescue or revival measures. 

Obama taps Clinton, Gates for US 'new dawn' abroad (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_go_pr_wh/obama_cabinet"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.4f994c78d14d407cb681dd992ff3cf62.obama_cabinet_ilcd103.jpg?x=130&y=98&q=85&sig=Wkd5oeIecBMOtI82tjuNPA--" align="left" height="98" width="130" alt="President-elect Barack Obama, second from left, stands with Secretary of State-designate Sen. Hillary Rodham Clinton, D-N.Y. third from left, as National Security Adviser-designate Ret. Marine Gen. James Jones, far right, and Vice President-elect Joe Biden, far left, leave the stage at the end of a news conference in Chicago, Monday, Dec. 1, 2008. (AP Photo/Charles Dharapak)" border="0" /></a>AP - Barack Obama promised "a new dawn of American leadership" in a troubled world Monday, announcing a strong-willed national security team headed by Hillary Rodham Clinton, who fought him long and bitterly for the presidency, and Robert Gates, the man who has been running two wars for George W. Bush. 

Bush remorseful on financial crisis: 'I'm sorry it's happening' (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_go_pr_wh/bush_interview"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.5f6202a772cf478584c9a076c59d8b22.bush_dcev112.jpg?x=125&y=130&q=85&sig=fS271QmC_LiJ1jFgeQTIlA--" align="left" height="130" width="125" alt="President George W. Bush participates in the Saddleback Civil Forum on Global Health at the Newseum on Monday, December 1, 2008, in Washington. (AP Photo/Evan Vucci)" border="0" /></a>AP - President George W. Bush expressed remorse that the global financial crisis has cost jobs and harmed retirement accounts and said he'll back more government intervention if needed to ease the recession. 

Estranged relative arrested in Jennifer Hudson family killings (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_en_mu/chicago_bodies_hudson"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.2face53ba7054a01b7479af06973c343.chicago_bodies_hudson_ny127.jpg?x=130&y=128&q=85&sig=RiPBaS95ajiUYwms8BHP2g--" align="left" height="128" width="130" alt="This undated file photo provided by the Illinois Department of Corrections shows Jennifer Hudson's estranged brother-in-law William Balfour. Balfour has been arrested Monday, Dec. 1, 2008 in Illinois in the deaths of the singer's mother, brother and 7-year-old nephew. (AP Photo/Illinois Department of Corrections)" border="0" /></a>AP - Police arrested the estranged brother-in-law of Jennifer Hudson on Monday in the deaths of the entertainer's mother, brother and young nephew, taking him from a prison where he had been held on a suspected parole violation. 

Palin urges Ga. voters to back Chambliss in runoff (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_el_se/georgia_senate"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.d9bafa2877f44948894d59bcc99c9255.georgia_senate_gajg103.jpg?x=130&y=90&q=85&sig=9vutJxPcWSHT9P_YDCix.w--" align="left" height="90" width="130" alt="Alaska Gov. Sarah Palin, at podium, campaigns for Sen. Saxby Chambliss, R-Ga., right, in Atlanta on Monday, Dec. 1, 2008. Palin urged Georgia voters to back Chambliss in Tuesday's runoff in an election eve appeal that underscored her popularity within the Republican Party and the GOP's efforts to stave off erosion of its shrinking Senate numbers. (AP Photo/Jenni Girtman)" border="0" /></a>AP - Alaska Gov. Sarah Palin urged Georgia voters to back Sen. Saxby Chambliss in Tuesday's runoff in an election eve appeal that underscored her popularity within the Republican Party and the GOP's efforts to stave off erosion of its shrinking Senate numbers. 

Panel warns biological attack likely by 2013 (AP)
AP - The United States can expect a terrorist attack using nuclear or more likely biological weapons before 2013, reports a bipartisan commission in a study being briefed Tuesday to Vice President-elect Joe Biden. It suggests the Obama administration bolster efforts to counter and prepare for germ warfare by terrorists.

Parents: Slain anchorwoman was sexually assaulted (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_re_us/tv_anchor_attacked"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081127/capt.3fb336e42b0b4a7aa34df507719a5080.tv_anchor_attacked_ardj102.jpg?x=95&y=130&q=85&sig=SWeaayg5k7F.mhuZod3gPA--" align="left" height="130" width="95" alt="In this photo released by KATV Television, news anchor Anne Pressly, is shown in a June 26, 2008, photo in Little Rock, Ark. Pressly died Oct. 25, 2008 as a result of an Oct. 20 attack, and Little Rock Police named a suspect in the case Wednesday, Nov. 26, 2008. (AP Photo/KATV Television)" border="0" /></a>AP - A television anchorwoman killed in her home had been sexually assaulted and beaten so badly in a suspected burglary that her jaw shattered and she broke a hand while trying to fend off her attacker's blows, her parents said Monday. 

1 in 5 young adults has personality disorder, researchers report (AP)
AP - Almost one in five young American adults has a personality disorder that interferes with everyday life, and even more abuse alcohol or drugs, researchers reported Monday in the most extensive study of its kind.

Man says God ordered him to ram vehicle at 100 mph (AP)
AP - A man who rammed his truck into a woman's vehicle on a highway early Friday told authorities he crashed into her while going more than 100 mph because God told him "she needed to be taken off the road."

Burress appears in court, has bail set at $100,000 (AP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20081202/ap_on_sp_fo_ne/fbn_giants_burress_shot"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081201/capt.57c827ee8c0b4a07bc7bbbd69d624171.giants_burress_shot_football_nysw105.jpg?x=123&y=130&q=85&sig=Wt_uZ.JMEmKscZP5TjBw8A--" align="left" height="130" width="123" alt="New York Giants wide receiver Plaxico Burress, left, leaves the courthouse with his lawyer, Benjamin Brafman, in New York, Monday, Dec. 1, 2008. Burress appeared in court on weapons possession charges. (AP Photo/Seth Wenig)" border="0" /></a>AP - Taken to court in handcuffs, Plaxico Burress posted $100,000 bail on weapons possession charges Monday as the frenzy grew around the Giants star receiver who accidentally shot himself in a nightclub. Authorities said teammate Antonio Pierce was being investigated over his role in the weekend shooting, while the Super Bowl-champion Giants weren't sure what action they would take, if any, against Burress. 

Obama names Clinton, Gates to lead foreign policy (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081201/pl_nm/us_usa_obama"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t115821_450x310_us_usa_obama.jpg?x=130&y=89&q=85&sig=3O.CRyjoEz_ervFnD8awYA--" align="left" height="89" width="130" alt="Senator Hillary Clinton speaks to the media after being announced by President-elect Barack Obama as his choice for Secretary of State along with General Jim Jones as his choice for National Security Advisor during a news conference in Chicago, December 1, 2008. (Jeff Haynes/Reuters)" border="0" /></a>Reuters - President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America's leadership role in the world. 

Dow loses 679.95 as economy, Bernanke revive fear (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081201/bs_nm/us_markets_stocks"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t175950_450x347_us_markets_stocks.jpg?x=130&y=100&q=85&sig=DBlycdeTcHoeH1BO7Ft8FA--" align="left" height="100" width="130" alt="Traders work on the floor of the New York Stock Exchange, December 1, 2008. (Brendan McDermid/Reuters)" border="0" /></a>Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week's sharp gains, with banks and retailers among Wall Street's biggest casualties. 

India demands Pakistan act decisively on Mumbai attack (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081202/ts_nm/us_india_mumbai"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t113643_450x316_us_india_mumbai.jpg?x=130&y=91&q=85&sig=dL8g.y3bn0vN_KVIjHzvdw--" align="left" height="91" width="130" alt="Members of ZAKA, Israel's non-governmental rescue-and-recovery organization which specializes in collecting human remains to ensure a proper Jewish burial, speak with policemen after performing religious rituals in front of Nariman House in Mumbai's Colaba area, December 1, 2008. (Jayanta Shaw/Reuters)" border="0" /></a>Reuters - India demanded Pakistan take decisive action over deadly attacks in Mumbai it said were carried out by militants from its nuclear-armed rival, while the West urged cooperation to ease tension. 

Bomb kills one at Thai airport, court case looms (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081202/ts_nm/us_thailand_protest"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t132941_450x326_us_thailand_protest.jpg?x=130&y=94&q=85&sig=9NHbTq.PI1aeWoxNyPo4rw--" align="left" height="94" width="130" alt="An anti-government demonstrator chases after a suspected pro-government supporter in Bangkok's Suvarnabhumi Airport on December 1, 2008. (Kerek Wongsa =/Reuters)" border="0" /></a>Reuters - A bomb blast killed an anti-government protester and wounded 22 at Bangkok's blockaded Don Muang airport on Tuesday, hours before a vote fraud case that could deal a crippling blow to the government. 

Bush calls flawed Iraq intelligence biggest regret (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081201/pl_nm/us_bush1"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081201/2008_12_01t144958_450x341_us_bush1.jpg?x=130&y=98&q=85&sig=veNiJJbRuduvNBblANd_vQ--" align="left" height="98" width="130" alt="President Bush and first lady Laura Bush walk to make a statement on the attacks in Mumbai on the South Lawn of the White House, November 29, 2008. (Yuri Gripas/Reuters)" border="0" /></a>Reuters - President George W. Bush said the biggest regret of his presidency was flawed intelligence that Iraq had weapons of mass destruction and told ABC "World News" in an interview airing on Monday that he was unprepared for war when he took office. 

U.S. in recession, Europe backs spending hikes (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081202/bs_nm/us_financial"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t144029_450x352_us_financial.jpg?x=130&y=101&q=85&sig=G5GuRzeSOmCyTZ_uJeEYgA--" align="left" height="101" width="130" alt="A woman watches as people shop in the Time's Square Toys 'R' Us store on 'Black Friday' in New York, November 28, 2008. (Brendan McDermid/Reuters)" border="0" /></a>Reuters - The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn. 

Chavez launches new bid for reelection (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081202/ts_nm/us_venezuela_chavez"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081202/2008_12_01t153910_450x286_us_venezuela_chavez.jpg?x=130&y=82&q=85&sig=3KS0zH3JejLrV4Tfqf6Tdw--" align="left" height="82" width="130" alt="Venezuelan President Hugo Chavez attends a swearing-in ceremony of new Caracas' Mayor Jorge Rodriguez in Caracas November 30, 2008. Chavez said on Sunday his party will promote a reform to change the constitution and allow him to run for re-election in 2012. (Miraflores Palace/Handout/Reuters)" border="0" /></a>Reuters - President Hugo Chavez launched a new campaign on Monday to change Venezuela's constitution so he can stay in power for as long as he keeps winning elections, almost exactly a year after voters rejected the proposal. 

Alabama mayor arrested on corruption charges (Reuters)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/nm/20081201/pl_nm/us_usa_alabama_jeffersoncounty_mayor"><img src="http://d.yimg.com/us.yimg.com/p/nm/20081201/2008_12_01t100233_309x450_us_usa_alabama_jeffersoncounty_mayor.jpg?x=89&y=130&q=85&sig=tqmrBS2QWZUl9cLg4LUr7g--" align="left" height="130" width="89" alt="Birmingham Mayor Larry P. Langford in an undated photo. (Handout/Reuters)" border="0" /></a>Reuters - Federal authorities arrested the mayor of Birmingham, Alabama, on Monday in a corruption probe surrounding a sewer bond debt that could lead to the largest municipal bankruptcy in U.S. history. 

Hawkish Obama names Clinton as top diplomat (AFP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/afp/20081201/ts_afp/uspoliticsobama"><img src="http://d.yimg.com/us.yimg.com/p/afp/20081201/capt.cps.ojn51.011208222253.photo05.photo.default-363x512.jpg?x=92&y=130&q=85&sig=sz16W4pf9VVvWJmjG6QwYQ--" align="left" height="130" width="92" alt="Arizona Governor Janet Napolitano, President-elect Barack Obama's choice for homeland security chief, speaks at a press conference at the Hilton Hotel in Chicago, Illinois. Obama on Monday nominated Hillary Clinton to be his "tough," "smart" secretary of state as his former foe vowed to give her all to steer America through a storm of international crises.(AFP/Getty Images/Scott Olson)" border="0" /></a>AFP - Barack Obama on Monday nominated Hillary Clinton to be his "tough," "smart" secretary of state as his former foe vowed to give her all to steer America through a storm of international crises. 

Mumbai attacks: India demands Pakistan take 'strong action' (AFP)
<a href="http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/afp/20081201/ts_afp/indiaattacks"><img src="http://d.yimg.com/us.yimg.com/p/afp/20081201/capt.cps.ojn36.011208220221.photo00.photo.default-512x370.jpg?x=130&y=93&q=85&sig=.uR_4NBOUua3yj1mDGY2GA--" align="left" height="93" width="130" alt="Map locating the attacks in Mumbai. India has formally accused "elements" in Pakistan of being behind the devastating Islamic militant attacks in Mumbai and demanded that Islamabad take "strong action". India on Monday formally accused "elements" in Pakistan of being behind the devastating Islamic militant attacks in Mumbai and demanded that Islamabad take "strong action".(AFP Graphic)" border="0" /></a>AFP - India on Monday formally accused "elements" in Pakistan of being behind the devastating Islamic militant attacks in Mumbai and demanded that Islamabad take "strong action".