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The U.S. House has rejected the $700 billion Wall Street bailout plan, ignoring calls for quick passage from the Bush administration and a bipartisan line of congressional leaders. Stocks started to plunge before the final gavel.

The current economic climate is prompting investors to ask where the economy is heading. Juli Niemann, an executive vice president at Smith Moore & Company in Saint Louis, says she's discouraging investors both from panic selling and from bargain buying at this point.

The federal government has lent $170 billion to troubled insurance giant AIG to prevent its collapse. There's been criticism of that bailout, but it pales when compared to widespread outrage over the $165 million that AIG paid recently in employee bonuses. Republicans have gone on the offensive against the Obama administration, while Democrats are scrambling to recoup the bonus payments.

The federal government has ordered some of the nation's largest banks to raise a total of $75 billion. The Treasury Department revealed the results of its so called "stress tests" to assess the health of the financial system. Bank of America, Wells Fargo, Citigroup and others will be required to raise more capital.

Israel and Hamas have ignored a U.N. Security Council call for an immediate cease-fire. Israel continued attacks in Gaza and Hamas kept up with its rocketing of Israel. Meanwhile, U.N. officials said they plan to resume aid to Gaza as soon as practical.

Israel held elections Tuesday and preliminary results show both Likud's Benjamin Netanyahu and Kadima's Tzipi Livni claiming victory. The results are a sign of the difficult coalition government talks to come.

Carmen Herrera was making art in the '50s and '60s but her male counterparts were getting all of the attention. Now, she's still hard at work and finally getting some long overdue recognition.

Steve Inskeep talks to Robin Wright, a contributing writer to The New Yorker, about the regional tensions surrounding Wednesday's terrorist attacks in Iran's capital.

A bite-sized look at what we’re hearing: The Connecticut Department of Public Health issued a warning against consuming Long Island Sound oysters due to a potentially life-threatening bacteria.

The new tally of 66 people still missing represents a significant drop from a week earlier, when authorities said 385 remained unaccounted for. The confirmed death toll remains at 115.