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10 Things to Know for Wednesday

A man comforts a child who survives a Taliban attack on a school that killed more than 100 people, admits at a local hospital in Peshawar, Pakistan, Tuesday, Dec. 16, 2014. Taliban gunmen stormed a military-run school in the northwestern Pakistani city of Peshawar on Tuesday, killing at least 100 people, mostly children, before Pakistani officials declared a military operation to clear the school over. (AP Photo/B.K. Bangash) A man comforts a child who survives a Taliban attack on a school that killed more than 100 people, admits at a local hospital in Peshawar, Pakistan, Tuesday, Dec. 16, 2014. Taliban gunmen stormed a military-run school in the northwestern Pakistani city of Peshawar on Tuesday, killing at least 100 people, mostly children, before Pakistani officials declared a military operation to clear the school over. (AP Photo/B.K. Bangash)

By Associated Press December 16, 2014 2 min read

Your daily look at late-breaking news, upcoming events and the stories that will be talked about Wednesday:

1. PAKISTAN VOWS TO RETALIATE AGAINST TALIBAN

Responding to a horrific attack on a school, the government pledges to step up a military campaign that – along with U.S. drone strikes – has targeted the militants.

2. CONSUMERS REACT TO RUBLE’S PLUNGE

On the streets of Moscow, panicky shoppers rush to buy home appliances before they become even more expensive.