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Markets jumped after Fed Chair Jerome Powell said the central bank was not contemplating bigger rate hikes than the half-a-percentage-point increase it delivered on Wednesday.

President Bush welcomes the formation of Iraq's interim government, saying it brings the country closer to democracy. With the leadership named, the United States and Britain hope the U.N. will approve a Security Council resolution that details security arrangements and the transfer of sovereignty in Iraq. NPR's Vicky O'Hara reports.

In the first of several speeches attacking President Bush's national security policies, Sen. John Kerry accused the president of failing to create an adequate multinational coalition to support efforts in Iraq. But Kerry's criticisms seemed constrained to many, a fact that analysts attribute to Kerry's effort to win swing voters by avoiding a hard-line stance. Hear NPR's David Welna.

The Justice Department says Jose Padilla, accused of plotting to detonate a bomb containing radioactive material, had conspired with top al Qaeda leaders in his plan. Padilla, a U.S. citizen, has been designated an enemy combatant and held without charge or access to counsel for two years. Officials say he planned to detonate explosives, possibly to destroy apartment buildings in U.S. cities. NPR's Larry Abramson reports.

Secretary of State Colin Powell says Iraq's new interim government will not have veto power over operations by U.S. forces following the June 30 transfer of sovereignty, but U.S. and Iraqi leaders will collaborate on "necessary arrangements" for troops. Powell's comments come as the U.N. Security Council hears from Iraq's new foreign minister on the issue of sovereignty for his country. Hear NPR's Deborah Amos.

As many as 2,000 people are feared dead in the wake of flooding and mudslides that devastated the Caribbean island of Hispaniola, divided between Haiti and the Dominican Republic. Rescue workers are rushing food, water and medical supplies to flood victims. Hundreds of people are missing in the two countries. Hear NPR's Gerry Hadden.

If Roe v. Wade is overturned, as a leaked draft opinion from the Supreme Court suggests it could be, millions of Americans could lose access to abortions where they live.

Col. Gail Curley, the second woman to hold the position, runs the high court's facilities and is its chief security officer, managing some 260 employees. Now she's also leading a high-profile probe.

Admirers gather to remember President Ronald Reagan, who died Saturday at his Southern California home after a long struggle with Alzheimer's. Elsewhere, Republicans and former allies recalled the former president. President Reagan's body will be brought to Washington to lie in state in the Capitol. Hear NPR's Ina Jaffe, NPR's Andrea Seabrook and NPR's Liane Hansen.

A truce between the U.S. military and supporters of a radical Shiite cleric in the shrine cities of Najaf and Kufa appears to be holding. In other parts of Iraq, violence has continued over the weekend. According to the U.S. military, six people were killed when a car bomb exploded near a base north of Baghdad. NPR's Emily Harris reports.