AP - The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy.

Reuters - Countries scrambled to slow the growing global financial crisis on Tuesday and Wall Street braced for the day after a massive sell-off, nervous about corporate earnings and hoping Fed Chairman Ben Bernanke might offer a ray of hope.

AP - In the year of "Sex and the City," perhaps it's no surprise that an event honoring women drew some of the biggest names in Hollywood.

AP - Stocks fell in quiet trading Tuesday as enthusiasm over the Federal Reserve's latest efforts to inject frozen credit markets with a dose of much-needed confidence gave way to concerns about the balance sheets of some financial companies. Trading remained fractious, and the major indexes alternated between gains and losses a day after the market suffered another huge drop.

AP - Iranian news reports claimed Tuesday that Iran forced down a Western aircraft that accidentally entered its airspace, then allowed the plane to continue to Afghanistan after questioning its passengers.