American spending has fallen further in the past six months than it has since 1974.
Frankie Hutchins, whose grandmother was born into slavery, saw her mother fight for voting rights. She attended a white school. Now her kids will see the first black president.
The industry seeks help, but analysts wonder if falling demand can be reversed before makers resort to deep job cuts.
President Lee can lean on his new Assembly majority to pursue economic reforms and a tougher N. Korea policy.
U.S. Secretary of State Rice visits Asia to boost the six-party deal, N.Y. Philharmonic plays in Pyongyang.