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that he is running. also, you've been hearing the threats of a possible double dip recession. you need to be ready. we've got your recession-ready tips coming your way. but let's start with that breaking news we are getting in from the cnn newsroom. this comes to us from pennsylvania where one person is still trapped right now in an overturned greyhound bus. this happened in lancaster county on the pennsylvania turnpike. at least 23 people we're told in all have been injured. some had to be flown to the hospital by helicopter. again, this is just developing sto story. we're waiti...

horn of africa. the united nations says it has received half of the $2.5 billion it needs to tackle the crisis. china says it is slowing down its bullet trains and stopping new construction because of an accident that killed last month that killed at least 40 people. the accident was blamed on design flaws on equipment. and syrian troop -- efforts are growing to end the crackdown. under scored the urgency of the situation there. those are the top stories from cnn, the world news leader. "world business today" starts right now. good morning cnn london. >> and a very good friday ...

good morning to you. it is thursday, august 11 now. this is "american morning." lot going on today. let's get right to it, folks. >> good morning, good morning. so much for comeback. haven't seen these kind of wild swings on wall street since the darkest days of the financial meltdown. the dow diving 520 points yesterday. this time fueled by fears or at least triggered by fears. that france is on a verge of a credit downgrade. every day it seems to be something new trying terg sell-off or the buying. that's because this is a global economy. your investments feel it here. wild swings....

london as police struggle to take back control of their streets. now americans are being urged to use caution when traveling around the city. good morning again. i'm carol costello. three members of the congressional super committee have been chosen. nine more to go. there are 12. they will have 90 days to come up with $1.5 trillion in spending cuts. the selections and reaction to them on this "american morning." all right. good morning, it is wednesday august 10th. ali is off today after working i think 15 or 16 straight days covering the markets and all that. more on the market...

You see the dow is up 130 points after plunging 635 points yesterday in wake of the first-ever downgrade of american credit rating friday by s&p and in ten minutes we will get a statement from the fed which is wrapping up one of the regularly scheduled meetings on interest rates, and while the fed is expected to keep the rates at record low, wall street will look for some action that might invest consumer confidence and chief washington correspondent john harwood is joining us live. john, we heard from the president, and the tone is certainly positive and not received well by everyone, but wha...