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The Federal Reserve slashed the federal funds rate, charged on overnight loans between banks, by one-half a percentage point to 4.75 percent. Wall Street investors were happy. But for average people, the cut doesn't translate into that much money in their pockets.

Doctors in Boston say Sen. Ted Kennedy has a malignant brain tumor, the apparent cause of the seizure he suffered on Saturday. Kennedy has been resting at Boston's Massachusetts General Hospital since suffering the seizure at his Cape Cod home.

Now that the Democratic presidential nominating contests are over, Barack Obama says he is the presumptive nominee. Hillary Clinton has not pulled out of the race, though. Strategist Mark Mellman, a Democrat, says there's no doubt the race is over, but Republican Tucker Eskew says Obama needs Clinton's support.

Listeners respond to the commentary from Jesuit priest James Martin. Martin is advocating for an end to Christmas cards featuring family photos, and a return to those featuring religious images.

Work continues on Capitol Hill to overhaul the nation's health care system. A Senate committee on Wednesday became the first panel to complete work on a health bill. Meanwhile, three House committees launch their formal drafting sessions Thursday.

Colombia told the U.S. about the raid to rescue hostages from FARC rebels two weeks ago, Pentagon sources say. The U.S. was asked to provide help in the form of surveillance aircraft to eavesdrop on rebels. No Americans were on the ground.

Most of the e-mails in response to Monday's show was about the interview with former House Speaker Newt Gingrich. He commented on the economic crisis and listeners had a range of responses.

Comcast Corp., the nation's largest cable service provider, announced Wednesday that earnings were up. The company says it lost some basic cable subscribers, but that the decline was offset by new digital subscribers. One non-profit group is urging Congress to investigate whether Comcast and other cable companies are trying to profit from the upcoming transition from analog broadcast TV to digital.

Pasang Dawa Sherpa reached the summit of the world's highest peak on Sunday for the 26th time. Since making his first successful of climb of the peak in 1998, Dawa has made the trip almost every year.

Soldiers from Niger's presidential guard have blockaded the presidential palace, and regional African leaders condemned the move as an "attempted coup."