| Dow closes down more than 600 points (AP) [8 mins][Priceville, AL] AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down nearly 700 points and more than half of last week's big gains. All the major indicators more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent. | 30-mile debris pile becomes symbol of FEMA delays (AP) [43 mins] AP - A 30-mile scar of debris along the Texas coast stands as a festering testament to what state and local officials say is FEMA's sluggish response to the 2008 hurricane season. |
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