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  • The U.S. dollar plunged against other major currencies Thursday, dipping below 100 yen for the first time in 12 years. There were other signs of weakness — retail sales were down in February. Despite all this, the stock market closed higher.
  • The U.S. Supreme Court has ruled that the most common method of execution is constitutional. Prisoners from Kentucky had argued that the three-drug combination could potentially cause excruciating pain. Many states have been delaying executions waiting for the ruling.
  • Treasury Secretary Henry Paulson issued a sweeping proposal to overhaul how U.S. financial companies are regulated. The proposal does not address the immediate crisis, but seeks to lessen the impact of crises in the future.
  • A special commission appointed by President Bush issued its report Wednesday on improving health care for wounded veterans, particularly those returning from Iraq. And the Senate approved a bill to streamline benefits and increase military pay.
  • Bishops in the Episcopal Church have crafted a document they hope will ease conservatives' concerns in the United States and abroad. In Africa and South America, which have the most active members in the worldwide Anglican Communion, bishops wanted a statement from the Americans about the direction of the church — and specifically on its views on homosexuality.
  • Pakistanis delivered a crushing blow to President Pervez Musharraf in parliamentary elections last week, raising questions about the future of the U.S. ally in the war on terror. Assistant Secretary of State Richard Boucher talks to Renee Montagne about how U.S. policy might change.
  • Joel and Ethan Coen are celebrating a big win. Their crime saga No Country for Old Men was the big winner at Sunday's Academy Awards, taking home four Oscars, including Best Picture.
  • Advocates of NASA's plan to return to the moon are concerned that Democratic presidential candidate Barack Obama has said he will raid NASA's budget to fund education. While the issue of space exploration hasn't gotten much attention this campaign season, it is a topic on which the candidates do differ.
  • In one of the worst incidents since the start of the conflict in Iraq, at least 175 people were killed Tuesday when three suicide bombers driving fuel tankers attacked a town in northern Iraq. Kahtaniya, near Mosul, is home to an ancient minority sect. At least 200 others were injured.
  • Japan's youngest post-war leader, Prime Minister Shinzo Abe, is resigning. His decision to step down after less than a year in office follows a humiliating electoral defeat for his party and a series of financial scandals involving members of his cabinet.
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