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U.S. mortgage rates on 30-year fixed loans have fallen to a record low after the Federal Reserve last week announced its plan to reduce borrowing costs by replacing short-term debt with more long-term debt. (more)

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Some records are made to be broken, from the 100-meter dash to Nathan’s Hot Dog Eating Contest. But who would covet breaking the nine-year, 50-day Soviet record for its military campaign in Afghanistan? And the winner is … the USA.

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Even in the face of an extended recession, devastating double-digit unemployment and a barrage of political charges that President Barack Obama's health care reform will decimate the economy, the U.S. stock market finished the week at a 19-month high.

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Twitter users, you've been warned: Your thoughts while showering are about to be saved for posterity. The Library of Congress announced Thursday that the venerable institution of record was acquiring the whole public Twitter archive, so watch what you overshare from now on.

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Just as the Labor Day weekend arrives comes word that the U.S. economy shed another 216,000 jobs last month, pushing the unemployment rate up to a 26-year high of 9.7 percent.

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As if to prevent surplus national exuberance over the electoral defeat of John McCain on Tuesday, the Labor Department announced that the country's unemployment rate has hit a 14-year high of 6.5 percent, with 240,000 jobs lost in October as joblessness continues to increase in the face of economic turmoil.

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