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Fed cuts key interest rate

Updated: 12/11/2007 - (CBS/AP) The Federal Reserve cut a key interest rate by one-quarter of a percentage point Tuesday, trying to keep the U.S. out of recession.

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Three students killed in collision with school bus in WV

Updated: 12/11/2007 - State Police and sheriff's deputies say 2 of the students in the car were dead at the scene; the third student was taken to a local hospital where they died a short time later. At this point, WV State Police have not released any names.

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Loud goats mistaken for call for help in Blount County

Posted: 12/11/2007 - Blount County Fire Department trucks were called to Big Springs Ridge Road around 11:30 a.m., after a neighbor reported hearing some crashing metal, and what sounded like a man screaming for help.

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Alcoa Foundation donates $88K to Pellissippi State

Posted: 12/11/2007 - According to a news release from Pellissippi State, the funding will help Pellissippi State purchase and upgrade equipment and technology for the Mechanical Engineering Technology and Electrical Engineering Technology degree programs.

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Wild Winter Storm

Posted: 12/11/2007 - DES MOINES, Iowa (AP) -- A massive storm is bringing yet more ice to the Midwest today, leaving schools and airports closed and hundreds of thousands without power.

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Carjacking Suspects Arrested

Updated: 12/11/2007 - Two carjacking suspects, who were traveling with an infant have been arrested.

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Fed expected to cut rates again

Updated: 12/11/2007 - The Federal Reserve on Tuesday is widely expected to cut a key interest rate for a third time this year. The concern continues to involve the troubles in the housing and credit markets.

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School bus driver charged with leaving scene, DUI

Updated: 12/11/2007 - Kentucky State Police say an eastern Kentucky school bus driver has been charged with leaving the scene of a crash involving the bus and driving under the influence.

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