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The Federal Reserve has taken a bold step to infuse Wall Street investment banks with cash, cutting its emergency lending rate to banks by a quarter-point. It also approved the sale of investment bank Bear Stearns to rival JP Morgan Chase for what can only be described as a rock-bottom price.

Recent demonstrations in Tibet prompted Chinese authorities to crack down on journalists. They have blocked access to the region and sent "minders" to follow reporters who were trying to cover the unrest.

Iranians are voting Friday in a parliamentary election with limited choices. Many pro-reform politicians were barred from running as candidates. Conservatives are split over the policies of President Mahmoud Ahmadinejad.

The 22-year-old Dutch model will be the second openly trans woman to participate in a Miss Universe pageant.

Analysts on Wall Street fear that another big investment bank could be teetering on the edge of disaster. Investors this week will watch closely the earnings of major banks and look for any signs that aggressive moves by the Federal Reserve are bringing stability back to credit markets.

The Federal Reserve swooped in quickly to prevent Wall Street titan Bear Stearns from going bust and triggering a panic on Wall Street. It's not a bailout in the sense of a taxpayer rescue of a corporation. But it is part of a more activist approach to the credit crisis by both the Fed and the Bush administration's economic team.

Ted Cruz, Texas solicitor general and the drafter of a friend-of-the-court brief signed by 31 state attorneys general asking the Supreme Court to strike down the Washington, D.C., ban on handguns, says the court should clear up years of arguments and state strongly that the right applies to individual citizens.

History is being made with the shocking resignation of New York Gov. Eliot Spitzer following a prostitution scandal. Lt. Gov. David Paterson will become New the state's first African-American governor. Former New York City Mayor David Dinkins and State Senator Malcolm Smith discuss Paterson's career.

In an NPR interview, the Dalai Lama renewed his call for "meaningful" autonomy for Tibet within China and said China, "whether intentionally or unintentionally," is carrying out "cultural genocide" in Tibet.

Pope Benedict XVI's visit to the United States comes at a time when Roman Catholic seminary enrollment is down 60 percent since 1968. Two seminarians talk with Michele Norris about the shrinking pool of priests and other issues facing the U.S. church.