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If you have to ask the price, you can’t afford it.
Stock trading was volatile on Wall Street and across the globe Monday from fear that a debt crisis is gathering steam in parts of Europe and the Mediterranean. The Dow Jones Industrial Average closed below 10000 for the first time since November, losing 103.84 points to end the day at 9908.39. Europe's debt problems are symptoms of a new wound in the global economy. » read more
Saeed Shah / MCT
Wali Jan Sabari, member of parliament for Marjah, in Helmand province, Afghanistan, at his home in Kabul.
KABUL, Afghanistan — The U.S.-led offensive that's expected to start soon in southern Afghanistan's Helmand province will be a battle not only against the Taliban but also against an insurgent-backed narcotics trade that provides a livelihood for thousands of residents. »
Overhauling the nation's immigration system is a backburner issue for Congress and President Barack Obama, but a group that supports new immigration policies says the issue could be a defining one in as many as 40 congressional races in areas with sizeable Latino populations. » read more
At a security conference in Munich this weekend, U.S. and British officials said the U.S. has had no direct contact with the Taliban. But U.S. special envoy to Afghanistan and Pakistan Richard Holbrooke said there would be no contradiction in attacking the Taliban and conducting negotiations at the same time. » read more
Rep. John Murtha (D-Pa.), the first Vietnam veteran elected to the House of Representatives and an outspoken critic of the Iraq war, died Monday of complications of gallbladder surgery. A former Marine officer, he became a harsh critic of the Iraq war. » read more
While thousands have gathered at tea party rallies around South Carolina over the past 12 months, organizers are finding it difficult to turn their outrage into action. Leaders of tea party and similar groups say their members disagree on the best way to build the movement. » read more
A five-month McClatchy investigation reveals how Wall Street colossus Goldman Sachs peddled billions of dollars in shaky securities tied to subprime mortgages on unsuspecting pension funds, insurance companies and other investors when it concluded that the housing bubble would burst.
McClatchy has partnered with Kaiser Health News, an editorially independent news service, to provide expanded coverage of the current debate over health care in Washington.