1. The presidential candidates are making their last pitches to voters by mainly attacking their opponent. John McCain is trying to tie Barack Obama to oil companies while Obama spend part of the day saying McCain will keep economy in a ditch. 2. Th...
1. The Federal Reserve has slashed a key interest rate by half a percentage point, as it seeks to revive the economy. The cut marks the second half-point reduction this month. The Fed said the financial market turmoil will likely continue to restrai...
1. The Dow soars in a closing bell surge, ending up almost 900 points, the second largest point gain ever. Bargain hunters grab stocks pounded in earlier sessions, ahead of an expected rate cut by the Federal Reserve. 2. The death of seven-year-old...
1. The ATF says it has broken up a plot to assassinate Democratic presidential candidate Barack Obama and shoot or decapitate 102 black people in a Tennessee murder spree. In court records, agents say they disrupt plans by two neo-Nazi skinheads to...
1. Chicago authorities are intensifying the search for the seven-year-old nephew of Oscar-winning actress Jennifer Hudson. A citywide AMBER Alert is in effect for Julian King, but officials are focusing on the immediate vicinity of Hudson's mother's...
1. Illinois police are still searching for the seven-year-old nephew of Oscar-winning actress Jennifer Hudson. An AMBER Alert was issued for him after Hudson's mother and brother were found slain. Police have a suspect in custody. 2. In a scramble t...
1. The Dow was ending the week on a rather sour note. Traders push the index down more than 300 points today as investors appear to be betting on a long and deep recession. Stocks overseas were also down sharply. 2. Republican vice presidential cand...
1. Former Federal Reserve Chairman Alan Greenspan describes the current financial crisis as a once-in-a-century credit tsunami. And he warns it will get worse before it gets better. Greenspan also says the crisis has exposed flaws in his thinking an...
1. Stocks close sharply lower as investors worry that the economy is poised to weaken even as frozen credit markets slowly start to show signs of recovery. The Dow Jones Industrials ended down 515 points after being down nearly 700 points in the fin...
1. More moves from the Federal Reserve to break through a credit clog. The central bank announcing it will buy commercial paper--short-term funding companies rely on for day-to-day expenses. All of this to stimulate lending and stop a deep economic...
1. For the first time, Fed Chairman Ben Bernanke says he supports the idea of a second stimulus package. The White House says President Bush is open to the idea of direct payments to Americans. Bernanke told Congress that the economy is likely to st...
1. Former Secretary of State Colin Powell, a Republican, is endorsing Democrat Barack Obama for president. Powell says both Barack Obama and John McCain are qualified, but thinks Obama can be a transformational figure. Powell also says he questions...
1. Authorities in Nevada call off a nationwide AMBER Alert for missing six-year-old Cole Puffinburger, but the search continues. Police believe Mexican drug dealers are responsible for the abduction meant to send a message to the boy's grandfather w...
1. Investigators in Las Vegas say they are looking for the grandfather of a kidnapped six-year-old boy. They hope he can lead them to Cole Puffinburger. Authorities think 51-year-old Clemens Fred Tinnemeyer was involved in drug dealing with Mexican...
1. Another day of wild swings on Wall Street with stocks finishing the day on a solid gain, ending up about 400 points. But investors are still sorting through mixed economic data for clues about the health of economy. 2. Republican John McCain decl...
