2/24 Yahoo! News: Most Popular

Major stock market indexes fall to 1997 levels (AP) February 23, 2009 at 5:36 pm AP - Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its lowest close since Oct. 28, 1997, while the Standard & Poor's 500 index logged its lowest finish since April 11, 1997. NY archbishop preaches orthodoxy with light touch (AP) February 23, 2009 at 5:10 pm AP - The next Roman Catholic archbishop of New York is known as a gentle enforcer of Vatican teaching — a faithful servant of Rome who can disarm his critics with his self-deprecating wit, human touch and love of a good cigar. Gitmo detainee who claimed torture is freed (AP) February 23, 2009 at 4:14 pm AP - A Guantanamo prisoner who claims he was tortured at a covert CIA site in Morocco returned to Britain a free man Monday after nearly seven years in U.S. captivity — the first inmate from the U.S. prison camp freed since President Barack Obama took office. New U.S. stake in Citigroup may not calm doubts (Reuters) February 23, 2009 at 4:14 pm Reuters - Even if the government took a large common equity stake in Citigroup Inc, worries would likely persist about the bank's ability to absorb soaring losses in a deepening recession. FBI, police rescue child prostitutes around US (AP) February 23, 2009 at 3:05 pm AP - The FBI has rescued 48 suspected teenage prostitutes, some as young as 13 years old, in a nationwide sweep to remove kids from the illegal sex trade and punish their accused pimps. UAW and Ford reach deal on retiree health care trust (Reuters) February 23, 2009 at 1:48 pm Reuters - Ford Motor Co has reached a tentative deal with the United Auto Workers union on changes to funding for retiree health care in an agreement that could save it almost $7 billion in cash and provide a model for concessions at GM and Chrysler. New England snow knocks out power, shuts schools (AP) February 23, 2009 at 1:14 pm AP - A winter storm blew through northern New England on Monday, dumping 2 feet of snow in spots, forcing hundreds of schools to cancel classes and leaving tens of thousands of homes and businesses without power. Reid: Don't call it nationalization (Politico) February 23, 2009 at 9:42 am Politico - Senate Majority Leader Harry Reid said he supports efforts of the federal government to dramatically expand its stake in Citigroup, but wants people to back off from the dramatic rhetoric.