Six, Five, four three, two, one, booster ignition and liftoff of space shuttle Endeavour，preparing our home in space for a larger international family. The space shuttle Endeavour with the seven-member crew lifting off the pad just moments ago at C...
The Senate Banking Committee held a hearing where lawmakers expressed frustration about the continually changing Treasury Department program to help financial institutions. NPR's Yuki Noguchi has more. Banks testified on how they are spending funds...
Democratic leaders want Congress to focus on a bailout for the U.S. auto industry during next week's lame-duck session of Congress. But Treasury Secretary Henry Paulson says it should not be tied to the 700-billion-dollar rescue package for troubled...
While it takes two quarters of economic contraction for most economists to call a recession, one of those quarters is now in the record books. That follows an announcement from the Commerce Department today, the nation's Gross Domestic Product, the...
The Federal Reserve's interest rate setting arm has wrapped up a two-day meeting in Washington, putting in place another big cut in interest rates as it seeks to boost the lagging economy. Fed policymakers by unanimous vote opted to cut short-term r...
Investors jumped back into the market in a big way today. Bargain hunters moving into snap up stocks help propel both the Dow Jones Industrial Average and the broader SP 500 to more than 10% gains. Michael Farr is with the investment firm Farr Mille...
Alaska Senator Ted Stevens has been convicted on all counts against him at his corruption trial in Washington. The longest-serving Republican in the Senate could face up to five years in prison for each of the seven counts he was found guilty on. St...
Democratic presidential nominee Barack Obama is stepping up his effort to link his GOP opponent with President Bush's policies. Obama drew a crowd of tens of thousands of people to a rally this afternoon in downtown Denver, as NPR's Don Gonyea repor...
Asian and European leaders have wrapped up a meeting in Beijing at which they agreed on ways to address the global financial crisis. They planned to present their ideas at a summit to be hosted by the United States next month. NPR's Louisa Lim repor...
The Markets dropped again today. The Dow Jones Industrials fell 3. 5%. The NASDAQ and SP were also down more than 3% today. NPR's Yuki Noguchi has more. A few months ago, a 300-point-drop in the Dow would have been a very bad day, but given the setu...
