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J.P. Morgan bought its collapsing rival Bear Stearns after the Federal Reserve intervened. The Fed took several unusual moves, including approving the purchase over the weekend instead of waiting until a March 18 scheduled meeting.

Though the nation's unemployment rate fell to 3.8 percent in February, employers actually cut payrolls by a net 63,000 jobs. The rate fell because so many people decided to stop looking for work — a new sign of weakness in the economy.

Sens. Hillary Clinton and Barack Obama are not slowing down on the campaign trail. Neither candidate will have enough pledged delegates to guarantee the nomination, no matter what happens in Wyoming on Saturday, in Mississippi on Tuesday or even in Pennsylvania next month.

Democrats in Wyoming are getting ready for a rare moment in the political spotlight when they hold a presidential caucus on Saturday. Wyoming only has 12 delegates, but in a year when every delegate counts, the candidates are campaigning hard.

The Democratic nomination contest stormed through Ohio and Texas for one more day Monday, with Hillary Clinton's campaign accusing Barack Obama of criticizing NAFTA in Ohio but letting an adviser tell Canadians it was all a political posture. It was part of a media relations blitz unleashed in the final hours before crucial votes Tuesday.

Writer Arthur C. Clarke has died in Sri Lanka. He was 90. He's best known for writing 2001: A Space Odyssey, but he wrote many dozens of science fiction novels. Clarke, a trained scientist who united intellectual rigor with imagination, inspired generations of writers and scientists with his powerfully humane vision of the future.

Sen. Barack Obama has addressed the simmering controversy about racially charged remarks made by his longtime pastor. In his speech in Philadelphia Tuesday, Obama denounced the remarks and engaged in a conversation about the broader issues of race in America.

The Rev. Jeremiah Wright's comments from the pulpit at Trinity United Church of Christ in Chicago have spotlighted on his church and his relationship with Barack Obama. The church being portrayed in the media, however, is unrecognizable to many who are familiar with the congregation.

The United States invaded Iraq exactly five years ago. Speaking at the Pentagon, the president said increasing the pace of withdrawal could be a setback to progress.

Stock prices Tuesday had their biggest one-day gain in five years. Prices jumped after the Federal Reserve decided to cut a key interest rate by three-quarters of a percentage point. Fed policymakers said they remain concerned about the slowing U.S. economy and suggested that they may cut rates again.