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A day after the U.S. Federal Reserve slashed a key interest rate, world markets were calmer. A steep two-day slide was triggered by fears of a U.S. recession, but it's unclear that a nationwide downturn is a certainty.

The leaders of the Church of Jesus Christ of Latter-day Saints won't name a new president and prophet of their Mormon faith until after the funeral of Gordon B. Hinckley, who died Sunday night. The likely successor, 80-year-old Thomas Monson, would inherit a church that is bigger and more scrutinized than ever.

In Kenya, the sitting president and the runner-up held their first talks since the disputed Dec. 27 presidential election. Both men, along with mediator Kofi Annan, emerged from the meeting shaking hands and promising to work toward peace. But within hours, the opposition accused President Mwai Kibaki of being insincere.

After a weak third-place finish in Florida — a state he had counted on winning — former New York Mayor Rudy Giuliani is expected to drop out of the Republican presidential race. Reports indicate he will endorse Sen. John McCain.

Suharto, the former Indonesian leader, is credited with greatly improving the country's economy, literacy rates and public health in the first part of his 32-year rule. But he is also blamed for massive human rights abuses.

Sen. John McCain of Arizona builds momentum in the Republican presidential race with a victory in Tuesday's primary in Florida. The outcome is a blow to former Massachusetts Gov. Mitt Romney and appears to end former New York Mayor Rudy Giuliani's White House hopes.

The House has passed the economic stimulus package worked out last week by House leaders and the White House. However, the Senate Finance Committee has an alternative plan.

Sen. John McCain is officially the Republican presidential front-runner after a victory in Tuesday's winner-take-all Florida primary. What does this mean for Super Tuesday and the rest of the presidential race?

On Feb. 5, more than 20 states host presidential primary contests. How are voters in three diverse states — Alabama, Arizona and California — feeling about their choices?

Tuesday's Florida primary is a major focus for Republican presidential hopefuls, who are vying for a big chunk of delegates. And Sen. Hillary Clinton seeks to revive the relevance of a discarded Democratic contest.