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The Federal Reserve, citing a marked slowing in the economy and consumer spending, cut interest rates for the second time in three weeks, in hopes of preventing a prolonged recession. The half-point cut brings the fed funds rate to 1.0 percent, the lowest since 2004.

Massachusetts Educational Financing Authority has provided low interest rate student loans for Massachusetts students for 26 years. This week it announced to some 40,000 families expecting the nonprofit to help pay for college that it is unable to help.

Last-minute holiday travelers are in for some sticker shock. Ticket prices are as much as 30 percent higher than last year, and average prices are already at 13-year highs. And that's before taking into account additional fees for checked bags, food — even pillows.

Men's college basketball play begins Monday with several tournaments tipping off across the country. Kansas is the defending national champion, but North Carolina is this year's favorite. One of the reasons North Carolina is favored is because all of the team's starters from last year have returned for this season.

Sports such as swimming, basketball and gymnastics get huge amounts of attention at the Olympics. But there are plenty of storylines and drama, too, in less visible sports such as badminton, team handball and fencing.

Hurricane Dean weakens after slamming into the Mexican coast as a Category 5 storm. The eye of the storm made landfall near Majahual, a popular port with cruise liners located about 40 miles east-northeast of Chetumal and the Belize border, according to the U.S. National Hurricane Center.

A soldier blames poor leadership for the recent loss of Ramadi. A pair of generals blame everything from corruption to a lack of training and weapons. Will this ever be an effective fighting force?

Another collapse in the Crandall Canyon mine killed three rescue workers and injured six others Thursday night. With the fate of six trapped miners still unknown, rescue efforts have been suspended.

Chinese company Suntech is a world leader in solar cell production, but it currently exports 90 percent of its products to other countries. Suntech's founder is lobbying the Chinese government to subsidize solar energy.

Sens. Hillary Clinton and Barack Obama head into the Indiana and North Carolina primaries next month. Amy Walter, editor-in-chief of The Hotline daily political brief, talks with John Ydstie about which voters might give a boost to either Democratic presidential candidate.