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Gunmen in Mumbai are thought to still be holding a number of foreign hostages. Indian commandos have been trading fire with the attackers. On Wednesday, gunmen armed with assault rifles and grenades fanned out across Mumbai and attacked popular tourist sites, including the city's top two luxury hotels.

In their 2004 book, Gary Stern and Ron Feldman, top executives at the Federal Reserve Bank of Minneapolis, cautioned the world about systemic financial risk and the need for more oversight. They admit to a fleeting sense of "I told you so."

Pakistanis vote in a parliamentary election Monday, ending a campaign that has been overshadowed by violence — including the assassination of opposition leader Benazir Bhutto. The vote could empower a new civilian government. But many say they believe the country's army will not go away quietly.

Advisers to the Food and Drug Administration have recommend that drugs Serevent and Foradil no longer be used for asthma. Top-selling Advair was not affected by the recommendation.

The U.N. protested Israeli fire on its warehouse in Gaza. Israel said Hamas militants were launching rockets from the U.N. compound. Israel also killed a top Hamas leader in its operations in the Gaza Strip. And there was speculation that Israel and Hamas are close to an agreement on a cease-fire.

Very few insurers around the country are offering top-of-the-line platinum insurance plans. Policymakers predicted less expensive but more restrictive bronze and silver plans would prove more popular than high-end options, and it looks like insurance companies think so, too.

Funeral directors in 15 states can now offer "water cremation," in which bodies are dissolved in a chemical solution. Some see it as more eco-friendly and less traumatic than consumption by flame.

A record 32 countries are participating in this year's Women's World Cup - up from 24. When FIFA announced the increase in 2019, people were worried the quality of the soccer tournament would suffer.

Jack Teixeira, a 21-year-old member of the Massachusetts Air National Guard, allegedly posted classified documents on a private Discord channel where users were fascinated by guns and racist memes.

Dystopian literature usually focuses on global ills — climate change, GMO food, nuclear war. But Darin Bradley's new novel takes off from an economic collapse and the plight of student-loan debtors.