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Calif. Agency Rules Old Technology Harms Marine Ecosystems

The Federal Reserve takes dramatic measures to reassure the anxious investment community, including negotiating the bargain-basement sale of Bear Stearns. The moves raise questions about how deep the financial industry's woes go — and who else is at risk.

Even before last month's devastating earthquake, Calexico, in the Imperial Valley, had the highest home foreclosure and unemployment rates in California. Today, schools in Calexico Unifed will reopen after repairs from earthquake damage.

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.

An earthquake with a preliminary estimated magnitude of 4.5 struck northern Baja California today, and was felt through much of San Diego County, but no damage was immediately reported.

With midterm elections less than two weeks away, efforts to get the coveted Latino vote are ramping up. Democrats are hoping for a loyal turnout, while Republicans are appealing to the disenchanted.

Democratic lawmakers are working to put the final touches on a $15 billion emergency loan for the nation's Big 3 automakers. While the proposal hasn't passed, it seems like only a matter of time befo

Facing a $1.5 billion budget deficit, Arizona has reversed authorization for certain types of state-funded transplants. The cuts could mean life or death for 98 low-income residents. Lawmakers may have made the decision based on faulty data, however, so they could reconsider -- but not before January.

Alan Greenspan, the former chairman of the Federal Reserve, insists the housing bubble had relatively little to do with him. After guiding the economy for 19 mostly prosperous years, he now faces criticism for drastically lowering interest rates.

Amid the joy at the rescue of the trapped Chilean miners, there are concerted efforts to make sure the kind of accident that led to their 69-day ordeal doesn't happen again. Safety groups say Chile should adopt international standards for mines. The San Jose Mine was operating despite repeated violations.