Monday, December 1, 2008 Last Update: 4:50 PM ET

Dow Plunges 680 Points as Recession Is Declared

The announcement that the recession began in December 2007 came as the stock market plunged, with the Dow off more than 7 percent.

Officials Warn That Economy Will Remain Weak

The Fed chairman and Treasury secretary expressed optimism for the long haul and said they would continue to deal aggressively with the crisis.

Treasury Secretary Henry M. Paulson Jr. spoke at the  Fortune 500 Forum in Washington on Monday.
Doug Mills/The New York Times

Treasury Secretary Henry M. Paulson Jr., at the Fortune 500 Forum on Monday, expressed confidence that “we are pursuing the right strategy.”

Construction Spending Reflects Economic Slowdown

Construction spending dropped by 1.2 percent in October, led by another big drop in home construction. Separately, a measure of manufacturing activity fell to a 26-year low in November.

The 44th President

Obama Unveils His National Security Team

Barack Obama called for “a new dawn of American leadership” as he formally introduced the team, led by Hillary Rodham Clinton as secretary of state nominee.

In Wake of Attacks, India-Pakistan Tensions Grow

Indian officials said that Pakistanis were responsible and must be punished for last week’s terrorist attacks.

Burress Arraigned on Gun Charges

The Giants receiver could face a mandatory prison sentence of 3 ½ years for possession of a handgun.

City Room
Bus Driver Is Fatally Stabbed in Brooklyn

The victim was stabbed by a passenger whom he had declined to give a transfer ticket to, the police said.

Getting to Carnegie via YouTube

A project that will allow users to audition by uploading videos of themselves performing a composition by Tan Dun was announced on Monday in London and New York.

Personal Tech
Holiday Shopping Guide: Personal Tech

Holiday shopping survival guides and gift ideas for the part-time athlete, TV fans, road warriors and pre-teens.

Readers’ Comments
Google’s Gatekeepers

Is a team making decisions about controversial content determining the limits of free speech?

Talk to the Newsroom »
Sports Editor
Tom Jolly

Tom Jolly is answering questions from readers this week.

Travel »

Florence, Then and Now

See this city as captured in the classic book “A Room With a View.”

England’s Culinary Wild West

Home-grown food has become a focus for restaurants in the rural West Country.

Obama and You? A Strategy for the Big Day

Tips on transportation, hotels, the parade and more for Inauguration Day.

My Portfolios »

A Village Down the Block
A Village Down the Block

At a “cohousing” project planned for Fort Greene, Brooklyn, the residents will share all decisions and some meals.

Rental Cars So Retro They’re Almost Red
Berlin Rental Cars So Retro They’re Almost Red

For those who want to steep themselves in Berlin’s cold war history, a Trabant transports you to the 1960s.

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

That Digital Divide, Bridged in a Classroom
That Digital Divide, Bridged in a Classroom

Computer learning centers are helping seniors gain the computer skills necessary to return to work.

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