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The Fed is staying the course with its $85 billion monthly bond-buying stimulus. Chairman Ben Bernanke is also expected to answer questions about the banking crisis in Cyprus.

The U.S. jobless rate dropped below 6 percent in September, the lowest it's been since July 2008. And employers added 248,000 new jobs to their payrolls, according to the Bureau of Labor Statistics.

"We know that some of you feel Apple has let you down. We apologize," the company said in announcing a plan to help customers speed up their older iPhones.

After the Dow shed 4.6 percent on Monday, Japan's Nikkei and Hong Kong's Hang Seng both dipped by about 5 percent. European shares were also down sharply in early trading.

A magnitude 6.5 quake on the coast of Aceh province has destroyed hundreds of buildings. Authorities say there's no risk of tsunami, like the one in 2004 triggered by a quake in the same area.

The Cumbre Vieja volcano has damaged hundreds of homes and forced more than 6,000 people to evacuate as lava raced across La Palma, part of the Spanish archipelago known as the Canary Islands.

The Commerce Department says the U.S. gross domestic product grew at just 0.6 percent in the final quarter of 2007. That is the weakest growth rate in five years for the GDP.

The seven-night cruise ended in Miami on Saturday after making three stops in the Caribbean. More than 6,000 people were on the ship, which required testing and those 12 and over to be vaccinated.

With all key tax categories showing year-over-year gains through 11 months of Arkansas’ fiscal year, state officials project a fiscal-year end budget surplus of $1.4 billion.

During a meeting Tuesday night, the board decided to wait 90-days to spend $5 million in federal relief funding.