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Forecasting the economy’s next move has never been easy.

But as an association of business economists and forecasters gather here for their 50th annual meeting, the group faces the most difficult challenge in its history. Amid the worst credit panic since the Great Depression, the rulebook for giving guidance to their companies and clients is pretty much out the window.

Wall Street tumbled Monday, joining a selloff around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments.

With a month to go and the poll numbers down, the McCain campaign is playing the guilt by association card, and that's leaving some conservatives uneasy.

More than one-third of all Americans will soon get better insurance coverage of mental health treatments because of a new law that, for the first time, requires equal coverage of mental and physical illnesses.

O.J. Simpson is being isolated from other prisoners for his own safety, and is focusing on a motion for new trial and an appeal to reverse his conviction for kidnapping and robbery, his lawyer said Sunday.

Ideas are one of our most important exports, and two fundamentally American ideas have dominated global thinking since the early 1980s, when Ronald Reagan was elected president. The first was a certain vision of capitalism—one that argued low taxes, light regulation and a pared-back government would be the engine for economic growth. Reaganism reversed a century-long trend toward ever-larger government. Deregulation became the order of the day not just in the United States but around the world.

The second big idea was America as a promoter of liberal democracy around the world, which was seen as the best path to a more prosperous and open international order. America's power and influence rested not just on our tanks and dollars, but on the fact that most people found the American form of self-government attractive and wanted to reshape their societies along the same lines—what political scientist Joseph Nye has labeled our "soft power."

It's hard to fathom just how badly these signature features of the American brand have been discredited.

The Navy has confirmed the wreckage of a sunken vessel found last year off Alaska's Aleutians Islands is that of the USS Grunion, which disappeared during World War II.

legislative inquiry into whether she abused her office by firing the public safety commissioner

Seven Alaska state employees have reversed course and agreed to testify in an abuse-of-power investigation against Gov.

Joe Biden to take a couple days off to be with his wife and family after his mother-in-law dies following a long illness FOXNews.com Sunday, October 05, 2008 Joe Biden will take a hiatus from the vice ...

A district court judge set a court hearing for Tuesday to decide whether an exclusivity agreement in Citigroup Inc's bid to buy Wachovia Corp's banking assets prevents a competing deal by Wells Fargo to go ...

Barack Obama says his opponents are trying to "distract with smears" US Democratic presidential nominee Barack Obama has hit back at claims by his Republican rival that he associated with "terrorists". Mrs ...

Here's a safe bet for uncertain times: A lot of banks won't survive the next year of upheaval despite the U.S. government's $700 billion plan to restore order to the financial industry.

The turmoil on Wall Street and the weakening economy are changing the contours of the presidential campaign map, giving new force to Senator Barack Obama 's ambitious strategy to make incursions into Republican ...

When the mortgage giant Fannie Mae recruited Daniel H. Mudd, he told a friend he wanted to work for an altruistic business. Already a decorated marine and a successful executive, he wanted to be a role model to his four children — just as his father, the television journalist Roger Mudd, had been to him..

The jurors in O.J. Simpson's armed robbery and kidnapping trial claimed a mixture of opinions about his acquittal on murder charges more than a decade ago, but all told attorneys they could set aside their feelings.

After two weeks of anguishing debate, Congress has passed and President Bush signed a massive plan to save the financial industry and the economy at large from an unthinkable free fall. Now, the world holds its breath, seeing if it will work.

The SEC has announced an investigation after a fake report indicating that Steve Jobs had suffered a major heart attack caused Apple (AAPL) stock to drop 10%. The report first appeared on CNN's iReport citizen journalism site, which describes itself as a source of "Unedited. Unfiltered. News."

Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?

Wrong. Experts say the most important thing that needs to happen before the $700 billion bailout even has a chance of working: Home prices must stop falling. That would send a signal to banks that the worst has passed and it's safe to start doling out money again.

The economy isn't the only thing that's sagging — so are faces, breasts and bellies as would-be cosmetic surgery patients increasingly opt against costly nips and tucks because of tough financial times.

The former football star has been convicted on all counts in his robbery and kidnapping trial 13 years to the day after he was acquitted in the murders of his ex-wife and her friend.