AP - The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.

AP - Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 430 points and erasing a huge chunk of last week's big gains. All the major indexes fell about 5 percent.

Reuters - Stocks tumbled on Monday as economic reports showing further evidence of the worsening global economic climate were backed up in comments from Federal Reserve Chairman Ben Bernanke.

AP - One person was shot at a suburban Miami mall Monday and taken to a hospital by helicopter, and another person was injured, authorities said.

AP - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year.