Elizabeth Warren – President Obama officially is expected to announce his appointment of Elizabeth Warren as assistant to the president and special adviser to Treasury Secretary Timothy Geithner on the Consumer Financial Protection Bureau. In the new role, Warren, now the head of oversight for the Troubled Asset Relief Program, will launch the U.S. Bureau of Consumer Financial Protection.
Hurricane nears Mexico – Hurricane Karl is expected to make landfall Friday afternoon in Mexico after intensifying into a Category 3 storm overnight, the National Hurricane Center reported.
Colbert, Stewart ready to rally – Comedy Central's funnymen have announced rallies in the nation's capital, ostensibly meant to mirror a similar event staged by Glenn Beck last month.
Jon Stewart is calling his the "Rally to Restore Sanity," while Stephen Colbert plans a "March to Keep Fear Alive." But given their penchant for satire, it's unclear whether the rallies, announced for October 30, will actually take place.
New York storm damage – Images are rolling in of damage wrought by a fast-moving storm that authorities blamed for at least one death in New York. The storm left thousands of customers, most of them in Queens, without power Friday morning.