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Even with a government shakeup, markets are still worried that Italy is headed toward default. The interest rate on the country's debt has shot up to 7 percent and with an economy as big as Italy, there may be no will — or money — for a European Union rescue.

In Missouri, several communities have been ravaged by flooding. Among the hardest hit has been Waynesville. The town of about 5,000 people has been hit by rain storms — including some 7 inches on Tuesday, and another 6 inches Wednesday. Nearby rivers and creeks have overflowed.

The Federal Reserve will continue its program of purchasing $85 billion in securities and will leave the target interest rate for federal funds untouched to support the U.S. economy, the U.S. central bank said in a policy update issued Wednesday afternoon.

After much drama, the Senate finally voted on a student loan bill that would tie the borrower's rate to the 10-year Treasury note on Wednesday. The proposal is a bipartisan compromise and similar both to a House plan and one offered by President Obama.

The space rock, which is nine times the size of a cruise ship, is dropping by Earth and it's not coming alone. Asteroid 1998 QE2 has already given scientists a surprise: It has its own moon, measured at about 2,000 feet wide.

With more than 5 million coronavirus infections and the world's highest daily tally of new cases, India is expected to become the world's worst-affected country within weeks.

The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.

A group of chefs in South Philly's Italian Market set out to break the record for world's longest cheesesteak on Monday. The resulting hoagie spanned three blocks and caused some traffic issues.

Massachusetts Republicans have lost the past 92 U.S. House races in a row — the worst GOP losing streak in the country. But Republicans think they've found a candidate who can break the lock.

General Motors delayed a safety recall of more than 330,000 cars, newly released federal documents show. The Saturn Ions were found to have defective power steering systems.