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When the dust settled from the dramatic downfall of Bear Stearns, one of Wall Street's most storied investment banks, rival JP Morgan Chase wound up taking control of it. The stunning collapse marks a significant loss for some investors, like Bear Stearns employees, who owned 30 percent of the bank.

The Federal Reserve meets Tuesday to decide whether to lower a key interest rate. Over the weekend, the central bank approved a cut in its emergency lending rate to financial institutions and became a lender of last resort for investment houses to begin securing short-term emergency loans.

Sens. Hillary Clinton and Barack Obama are not slowing down on the campaign trail. Neither candidate will have enough pledged delegates to guarantee the nomination, no matter what happens in Wyoming on Saturday, in Mississippi on Tuesday or even in Pennsylvania next month.

Presidential elections will be held Saturday in Zimbabwe. President Robert Mugabe faces his toughest opposition during his 28 years in power as Zimbabwe, once among the most prosperous countries in Africa, is in economic chaos. With inflation at 100,000 percent, a loaf of bread costs millions of Zimbabwean dollars.

The Bush administration's top housing official announced his resignation Monday. Housing and Urban Development Secretary Alphonso Jackson says much has been accomplished during his tenure, but critics say they hope the change will bring about policies that will help solve the housing crisis.

A New Orleans grand jury did not indict Dr. Anna Pou, a physician accused of euthanizing four critically ill hospital patients in the wake of Hurricane Katrina. Last summer, Pou and two nurses were charged with giving the patients lethal injections.

The United Auto Workers and General Motors have reached a tentative deal on a new contract and strikers are back at work. UAW officials will now take the contract to their members who will vote on whether to accept it.

Kosovo, the former province of Yugoslavia has declared independence, stirring both enthusiasm and controversy around the world. Three Kosovar-Albanians discuss the meaning of independence and what lies ahead for the new Balkan country.

President Bush has endorsed the Republican nominee-in-waiting, John McCain. The president made the announcement with McCain in the White House Rose Garden after a lunch meeting. McCain says he looks forward to campaigning with President Bush at his side, and he says the president could be helpful in states such as Texas.

Federal Reserve Chairman Ben Bernanke told a roomful of bankers Tuesday that they need to do more to help troubled borrowers. Banks have been giving borrowers who are about to default more time to make payments and are renegotiating interest rates in some cases, but few banks have considered reducing the principal owed.