Suicide bombers struck Monday near a Baghdad police academy and in Mosul against a joint U.S.-Iraqi patrol, killing more than people, Iraqi officials said. Source:Bombs kill more than 30 in Iraq

Residents and tourists in Venice waded through knee-deep water Monday as they navigated the city’s narrow streets and alleys, and its historic St. Mark’s Square was inundated. Source:Floods leave Venice under water

With oil prices at a third of peak levels,  OPEC producers are having little luck trying to prop them back up. So was the price spike driven by greedy speculators after all? Answer Desk. Source:Answer Desk: Explaining the oil bust

Fed chief Ben Bernanke said that further interest-rate cuts are “certainly feasible,” but he warned there are limits to how much such action would revive the economy. Source:Fed chairman: Lower rates 'feasible'

President-elect Barack Obama announced former rival Hillary Rodham Clinton as his choice for secretary of state Monday and also said he would keep Robert Gates as defense minister. Source:Obama names Clinton to top role

Reuters - Federal authorities arrested the mayor of Birmingham, Alabama, on Monday in a corruption probe surrounding a sewer bond debt that could lead to the largest municipal bankruptcy in U.S. history. Source:Alabama mayor arrested on corruption charges (Reuters)

Reuters - U.S. President-elect Barack Obama named former rival Hillary Clinton as secretary of state on Monday and said Robert Gates would remain defense secretary in a national security team charged with recasting America’s leadership role in the world. Source:Obama names Clinton, Gates to lead foreign policy (Reuters)

Reuters - U.S. House of Representatives Speaker Nancy Pelosi met leading governors on Monday to discuss the size and shape of an economic stimulus package that one Democratic aide said was likely to cost around $500 billion. Source:House to push $500 billion stimulus bill (Reuters)

AP - Almost one in five young American adults has a personality disorder that interferes with everyday life, and even more abuse alcohol or drugs, researchers reported Monday in the most extensive study of its kind. Source:1 in 5 young adults has personality disorder (AP)

Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week’s sharp gains, with banks and retailers among Wall Street’s biggest casualties. Source:Dow loses 679.95 as economy, Bernanke revive fear (Reuters)