Today's Mega News Bits by Patrick Dentler and Rebecca Onion Asian markets fall; the Fed is really, really worried. Not convinced Giuliani's a dangerous, power-mad nutcase? Read this. The Great iPhone Heist! Tom Brady limps through the streets of New York with a walking boot on his foot. (The question is, what the hell was he doing in enemy territory in the first place?) Unhappy news for pregnant ladies, those who must inhabit the......

Despite the obvious themes of power and faith, PT Anderson's vast, visionary epic There Will Be Blood isn’t primarily about oil, or about religion, or about extremism. Rather, it’s a thorough excavation of the foundation of American identity. And on top of all that, it’s the best film of the year....