Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief.

The administration has selected a former Goldman Sachs executive to be the interim head of its $700 billion rescue effort for financial institutions.

Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives, Congress was told Monday.

EBay Inc. said Monday it will cut about 1,000 employees, reducing its work force by about 10 percent.

Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.

According to his FBI file, daredevil Evel Knievel was nearly charged with being part of a crime syndicate. He in turn threatened to sue the FBI, and neither side followed through.

Financial markets took a bleak view of the future Monday, seeing contagion in a credit crisis that threatens to cascade through economies globally despite government efforts to provide relief.

The Supreme Court opened its new term Monday suggesting it would side with tobacco companies in their fight to block lawsuits over deceptive marketing of "light" cigarettes.

Sen. Ted Stevens told a contractor friend that they needed to stick together and "really lay low" to beat an FBI investigation, according to audiotapes played Monday at his corruption trial.

Jurors who found O.J. Simpson guilty in his armed robbery trial say secret audio tapes and surveillance video swayed them more than witness accounts.

Opinion: By finally beating the Red Sox, the Angels did more than stave off elimination. They changed the series mind-set.

Mike Napoli hit two home runs and scored the go-ahead run in the 12th inning as the Los Angeles Angels beat the Boston Red Sox 5-4 to stay alive.

The Chicago White continue to be at their best when facing elimination. The White Sox look for a second straight home victory to even their AL division series when they face the Tampa Bay Rays in Game 4 on Monday.

Now, it’s an even 100 years for the Chicago Cubs.  The team that posted the best record in the National League is picking up the pieces again after three horrendous performances that resulted in a sweep by the Los Angeles Dodgers in the opening round of the playoffs.

Philadelphia Eagles running back Brian Westbrook has fractured ribs, and his status for next Sunday's game against the San Francisco 49ers was unclear, ESPN reported that coach Andy Reid said Monday.

Sen. Ted Stevens told a contractor friend that they needed to stick together and "really lay low" to beat an FBI investigation, according to audiotapes played Monday at his corruption trial.

The heightened attacks, initiated over the weekend by the Republican campaign, gathered intensity Monday as Democrats resurrected their opponent's links to a financial scandal two decades ago.

Like it or not, VP candidate Sarah Palin wears her badge of motherhood on her sleeve. Here,  The New York Times Magazine contributor Lisa Belkin looks at how Palin's public discussion of personal issues has got us all talking — about ourselves.

Both candidates believe that gun ownership is an individual constitutional right. But their beliefs about the methods government can use to control the sale and carrying of firearms are starkly different.

Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.

Warning: young children should not keep hedgehogs as pets — or hamsters, baby chicks, lizards and turtles, for that matter — because of risks for disease.

Have you ever had irregular periods? A cesarean section? Allergies? You may find yourself in this position: eager to buy coverage but unable to get a company to sell it to you.

Olympic gold medalist Misty May-Treanor’s “Dancing With the Stars” days are over, according to competitor Brooke Burke, who told a morning radio show that the Olympic gold medalist has a torn Achilles tendon.

"Dancing With the Stars" dancer Derek Hough blacked out after taking a nasty tumble and hitting his head, according to his partner Brooke Burke, who wrote about the incident on her blog.

Anne Hathaway was a little embarrassed to discuss her troubled ex-boyfriend with David Letterman, but she broke out of her shell on "SNL."

"Desperate Housewives" jumped right into the Edie's-new-husband-is-a-psycho plot in its second episode. Residents of Wisteria Lane, keep an eye on your pets. By Gael Fashingbauer Cooper

The estranged father of Lindsay Lohan has publicly feuded with the actress, her girlfriend and her mother. Now Michael Lohan is auctioning off the chance to knock him out in a charity boxing match.