| Dow plunges on news recession began in Dec. 2007 (AP) [11 mins][Priceville, AL] AP - Most Americans sorely knew it already, but now it's official: The country is in a recession, and it's getting worse. Wall Street convulsed at the news and a fresh batch of bad economic reports tanking nearly 680 points. With the economic pain likely to stretch well into 2009, Federal Reserve Chairman Ben Bernanke said Monday he stands ready to lower interest rates yet again and to explore other rescue or revival measures. | Burress appears in court, has bail set at $100, 000 (AP) [17 mins] AP - Taken to court in handcuffs, Plaxico Burress posted $100, 000 bail on weapons possession charges Monday as the frenzy grew around the Giants star receiver who accidentally shot himself in a nightclub. Authorities said teammate Antonio Pierce was being investigated over his role in the weekend shooting, while the Super Bowl-champion Giants weren't sure what action they would take, if any, against Burress. |
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