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Stocks take a beating worldwide

Trader John W. Panin of JNK Securites Corp. works on the floor of the New York Stock Exchange August 4. (Stan Honda/AFP/Getty Images)

Stocks take a beating worldwide

Mounting fears about the health of the global economy sent the Dow Jones industrial average plummeting more than 500 points, putting new pressures on financial and political leaders to find a way to prevent a double-dip recession.

Love and basketball and a life cut short

Metcalfe Park is considered a safe place where young basketball players show off their skills, but one young player's life ended abruptly Thursday.

 

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