This week at the Vatican in Rome, cardinals from around the world are convening to elect the next pope, which could happen any day now. Who is most likely to succeed Pope Benedict XIV? As of now, there is no clear favorite, but a few cardinals have emerged as the top choices in various bettingmarkets.
The labor market—and the economy overall—is improving, albeit gradually, with employers adding 236,000 jobs in February. That gain brought the unemployment rate down a few ticks from 7.9 percent to 7.7, its lowest point in four years.
Going on right now in Big Bear, California, is a gunfight between law-enforcement officials and alleged cop-killer Christopher Dorner. Multiple officers have apparently been injured during the battle, in which hundreds of rounds have been fired.
In stunning news, Pope Benedict XVI announced Monday morning from the Vatican that he will resign his position as head of the Catholic Church, effective on February 28. This has already set off a flurry of speculation, largely because no pope has voluntarily done so since the year 1415.
The news is still coming in, but here's what we know so far:
On Tuesday afternoon, a man in Dale County, Alabama, near Midland City, got on a school bus, demanded a child be let off with him, then shot and killed the bus driver when he refused. The shooter, identified as Jimmy Lee Dykes, then took the boy from the bus and is currently holed up with him in an underground bunker nearby.
Last night, the NBA kicked off its 2012-13 season with three games. In the marquee matchup, the defending-champion Miami Heat defeated the Boston Celtics 120-107, in a rematch of last year's Eastern Conference finals
This morning, much of the East Coast is picking up the pieces after the massive storm known as Hurricane Sandy swept through, leaving millions without power, causing untold economic damage, and killing at least 21 people. Flooding caused largely by enormous, unprecedented storm surges has crippled transportation routes and wreaked havoc on low-lying areas.
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