Tuesday, December 16, 2008 Last Update: 8:36 PM ET

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Fed Cuts Benchmark Rate to Near Zero

Having reduced its key rate to a record low, the Fed said that it would use “all available tools” to fight the recession and downward pressure on prices.

New York Governor Unveils Plan for Closing Budget Gap

Gov. David A. Paterson laid out an austerity budget plan that raises taxes and cuts the state workforce.

Kennedy Has No Shortage of Advisers

Caroline Kennedy

Caroline Kennedy will rely on an extensive network of family and friends as she tries to become a senator.

Kennedy Has No Shortage of Advisers

Caroline Kennedy will rely on an extensive network of family and friends as she tries to become a U.S. senator from New York.

Kremlin Rules
Kremlin Rules
Alexey Gromov/Agence France-Presse — Getty Images

A woman fills in her ballot in the village of Starichi in Belarus.

Creating the Illusion of Democracy in Russia’s Loyal Neighbors

The Kremlin’s efforts to bolster authoritarian regimes in neighboring states reveals the lengths Russia is going to to create the illusion of democracy.

Russian Readers Speak Out
Translation: Russian Readers Speak Out
Kremlin Rules
Kremlin Rules
Creating the Illusion of Democracy in Russia’s Loyal Neighbors

The Kremlin’s efforts to bolster authoritarian regimes in neighboring states reveals how far Russia goes to create the illusion of democracy.

S.E.C. Chief Says Staff Ignored Warnings on Madoff

Christopher Cox, the S.E.C.’s chairman, said he had directed the inspector general to review why past allegations against Bernard L. Madoff were not probed.

Blagojevich Impeachment Inquiry Stalls

Confusion over the committee’s procedures was the latest impediment as state lawmakers pursued impeachment.

Photographs Pictures of the Day
Pictures of the Day

Barack Obama introduced his choice for secretary of education.

Talk to the Newsroom »
Investigative Editor

Walt Bogdanich, assistant editor on the Investigative desk, answers questions.

Opinion »

Travel »

Le Tour du Chocolat

A decadent, two-wheeled tour of the best chocolate boutiques in Paris.

The Local Flavor of Helsinki’s Food Revival

A paradise of cooking that’s inventive and playful.

My Portfolios »

Living In | West Orange, N.J.
Harder to Get to, Easier to Pay For

West Orange offers a lot more open space than Montclair, Maplewood and South Orange, N.J., and an old-fashioned charm.

Collecting
Detroit’s Small Packages Arrived, and Left, Early
Living the Life of Scion

A wave of small American cars failed to captivate car buyers in the early 1950s.

Collectible Cars Photo Gallery & Event Calendar »

Submit photos and view and comment on other readers’ cars. Also, view and submit events to the Automotive Events Calendar.

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More in Automobiles

NYTimes.com / Monster

In These Classrooms, a G.E.D. Is Only a Start
In These Classrooms, a G.E.D. Is Only a Start

A new program helps adults without high school diplomas pass G.E.D. tests and receive work-force training.

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