ABCNEWS' World News Tue., December 16, 2008

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Saved by Zero? Fed Expected to Slash Rates Federal Reserve is expected to cut its benchmark rate for the 7th time in '08. More > TONIGHT: Case Closed? Adam Walsh Killer to Be ID'd Florida officials are expected to name the killer of John Walsh's son. More > Billion Dollar Bank Bailout Application Only 2 Pages Long The application for the federal TARP program -- that is making tax payer dollars available to bolster banks -- is all of 2 pages long...[continue] Picture of the Day -- Rolls Royce at Burger King A Rolls Royce hits the drive thru at a Burger King in Philadelphia. A little sign of the times...[continue] Recession May Mean Fewer Babies Looking at the past as an indicator, American couples will likely hold off on making babies...[continue] More World Newser > Cheney 'Aware' of Gitmo Waterboarding Device Sheds Light on Cancerous Tumors Caroline Sweet on Senate Seat WEBCAST: Economic Downturn Hits Dubai Consumer Prices Drop Record 1.7 Percent SEC Official Married into Madoff Family Arne Duncan Obama Education Pick Case Closed? Adam Walsh Killer to Be ID'd Israel: 24 Killed in Tour Bus Crash Persons of the Year Give Back to Community

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