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[CNN] 【整理】CNN 2008-01-23

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From the CNN Center in Atlanta, I’m Nicole Lapin. Thanks so much for checking in with us. Here’s a look at what’s happening right Now In The News.

We now know that at least six people were injured when a school bus crashed in pump del. Police at the secene now say that one of the people hurt was the bus driver, and all of the injuries all held up were said to be minor.

The Federal Reserve made an unexpected move in an effort to pump up the economy. It cut the federal funds rate by 3/4 of a percentage point. Now that rate basically affects how much we pay for credit. It also cut the discount rate by the same amount. That is the rate of which banks used to borrow money from the Center Bank. Now the cuts were only response to the threat of a recession and also sinking world/ markets.

The government wanna to put him away for life instead / a federal judge sentenced Padilla to 17 years and 4 months in prison. Padilla was convicted in August of supporting Al-Qaeda. He’s been in custody ever since 2002. And Padilla was accused of plotting to / explode a radioactive dirty bomb. Those charges will however drop and would part of the case. He was sentenced on today.

Presidential race is definitely heating up. And it so was the CNN Democratic debate in South Caroline last day. Mostly the bickering was between Senator Barack Obama as you see / right there and Hilary Clinton, there she is. They went back and forth over several issues including health care and economy.

Tim Masters is a free man today for the very first time in a decade. In 1999, the Colorado man was convicted in a 1987 murder largely on a basis of his own violin / of the scene when he was 15-year-old. And Masters's conviction was vacated thanks to DNA evidence and indication he didn't get a fare trial. His ordeal isn’s over just yet though he’ll be back in court next month and that’s when prosecutors will announce whether or not they are going to trial him again. That’s considered to be unlikely in a line of DNA evidence.

It looks like there can be / Oscars for "There Will Be Bblood. It leads today Academy Award nominations with the film "No Country For Old Men". Both films received 8 nominations apiece . Oscar organizors say the show will be on Febuary 24th despite of the writers' strike.

And be sure to stick with the CNN.com, / 24/7 for all the news around the world and of course, we’re gonna get you updates right here throughout the day . Take care.

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