1.The Dow Jones is continuing its volatile ride at the time when the Dow was down over 500 points putting it below 10000 for the first time in four years. Despite the government's Wall Street bailout plan, credit markets are still strained.The Feder...
1. A new Barack Obama ad that begins airing on national cable tomorrow calls John McCain's reaction to the recent financial turmoil erratic. The ad also accuses McCain of trying to shift debate from the economy to Obama's character. Sarah Palin has...
1. President Bush is telling Americans that it may be a while before they feel any relief from the 700-billion-dollar bailout plan approved yesterday. He says it will take some time to implement it. Meanwhile, many Americans still say they oppose th...
1.With the economy on the brink and elections looming, Congress approved an unprecedented 700-billion-dollar rescue package for the financial industry. Shortly after the vote, President Bush signed it Friday afternoon. 2.Stocks climbed as the House...
1. Wall Street plunges again as credit markets remain tight and jobless claims hit seven-year high, stoking fears the government's financial rescue plan may not halt recession. Some lawmakers in the House now say they will change their votes when a...
1. Wall Street closes to modest losses as investors wait for a Senate vote on helping out the financial market. The Dow was down more than 200 points early but recovered to a loss of 19 points. 2. In Washington, high hopes that revised financial res...
1.Congressional leaders are scrambling to make changes to the 700 billion dollar financial bailout bill that failed in Congress Monday. Presidential candidates McCain and Obama both said they back Republican measure to increase the FDIC insurance li...
1. The House just defeated a 700-billion-dollar financial industry bailout package. Both Republicans and Democrats voted against the unpopular bill. President Bush said he is very disappointed with the vote. 2.On Wall Street, stocks plummeted before...
1. The details are being finalized. But New Hampshire Senator Judd Gregg says they've worked out everything . That is a new and improved financial bailout plan emerges in Washington. Congressional leaders hope to have a House vote on the measure tom...
1. Actor Paul Newman has died at the age of 83. His publicist says he died yesterday at his farmhouse near Westport, Connecticut after a long battle with cancer. Newman was a ten-time Oscar nominee, winning once for the Color of Money in 1987. 2. Co...
