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  • With economic growth grinding to a halt, the Federal Reserve cut interest rates again Wednesday, this time by half a percentage point. Just before it did, the Commerce Department reported some dismal growth figures for the end of last year. The Fed hopes its aggressive moves will help avoid a full blown recession.
  • Margaret Seltzer admitted to The New York Times that Love and Consequences, which describes a childhood on the streets of South Central Los Angeles, was made up. Michel Martin had interviewed Seltzer about the book before her confession.
  • The nation lost 63,000 jobs in February, the first time jobs have dropped two months in a row since 2003. We hear from people in Michigan, one of the hardest hit states, about what it's like to be unemployed and what they're doing to get back on track.
  • Voters in Brazil head to the polls in a runoff vote for president. Incumbent Luiz Inacio Lula da Silva holds a huge lead in opinion polls over his centrist rival, Geraldo Alckmin.
  • Coming quickly on the heels of a sweeping Democratic victory in the midterm vote, President Bush says Defense Secretary Donald Rumsfeld will resign, and former CIA chief Robert Gates will take over as Pentagon chief pending Senate confirmation hearings.
  • The big question tonight in Baghdad is whether Saddam Hussein is on his way to the gallows. There were reports today that U.S. forces had turned the former dictator over to Iraqi authorities. That was not supposed to happen until just before Saddam's execution.
  • Condoleezza Rice is traveling to the Middle East this week, her fourth trip in as many months. The U.S. Secretary of State is there for a new round of talks with Israeli and Palestinian leaders.
  • The United States ambassador to Baghdad and his Iranian counterpart met for four hours Monday in what the American side called a business-like atmosphere. The talks focused on one subject only: Iraq.
  • North Korea has agreed to provide a "complete and correct declaration" of its nuclear programs and says it will disable its main reactor complex by Dec. 31. The deal with five other countries has the U.S. taking a lead in overseeing the shutdown and funding initial activities.
  • Paul Tibbets, who piloted the plane that dropped the first atomic bomb, has died at age 92. On Aug. 6, 1945, Tibbets' B-29 dropped the nearly five-ton bomb on the Japanese city of Hiroshima. Tibbets always insisted that he did not have regrets.
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