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Bail or Bust

Posted: 09/25/2008 - Will congress vote in favor of government bailout.

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Jobless Claims Rise at a Seven Year High

Posted: 09/25/2008 - Government data show the number of new applications for unemployment benefits jumped last week to its highest level in seven years due to the impact of Hurricanes Ike and Gustav and a weak economy

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South Runs Low on Gas

Posted: 09/25/2008 - Hurricane causes gas shortages across the southern United States

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Clinton Says Bailout Must Not Protect Undeserving

Posted: 09/25/2008 - Former president Clinton says legislation stabilizing troubled financial Markets ought to be ensure there'll be no “unjust enrichments” of people who do not deserve a bailout.

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Letterman Blasts McCain

Posted: 09/25/2008 - David Letterman blasts McCain for declining to appear on his show to tend to bigger matters in Washington

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Obama, McCain to attend White House meeting

Posted: 09/25/2008 - Barack Obama and John McCain will be among those at the White House trying to put the finishing touches on a bailout plan for the financial system.

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Man Arrested Outside Obama Home Wanted Job

Posted: 09/25/2008 - Authorities say a man arrested near Barack Obama's Chicago home told police officers he wanted to speak with the presidential hopeful about getting a job.

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McCain Seeks To Delay Debate to Focus On Economy

Posted: 09/24/2008 - Republican John McCain says he's directing his staff to work with Barack Obama's campaign and the debate commission to delay Friday's debate because of the economic crisis.

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Senators Spar on Morning Show over Bailout

Posted: 09/24/2008 - Senator Charles Schumer says he believes congress must act quickly to rebuild the crumbling financial system but that lawmakers must have a strong supervisory role in how the 700 billion dollar bailout program is run.

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Gloomy Holiday Forecast For Retailers

Posted: 09/23/2008 - The retail industry is forecasting the weakest gain for the holiday shopping season since 2002. The national retail federation says it looks for a 2.2 percent increase in sales.

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Clinton Says Taxpayers Need Protection From Bailout

Updated: 09/23/2008 - Senator Hillary Clinton says she worries taxpayers could be left “holding the bag” with plans for a 700 billion dollar government program to stabilize the country's distressed financial markets.

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Obama: Bailout Likely to Delay Spending Programs

Posted: 09/23/2008 - Democratic presidential candidate Barack Obama says the prospect of a massive government bailout of the financial industry means that he probably would have to delay the spending programs he has called for during his campaign.

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Bush Confident Congress Will Quickly Pass Bailout

Posted: 09/23/2008 - President Bush says he is confident that congress will pass a 700 billion-dollar bailout bill to deal with the financial meltdown that has shaken the global economy.

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Poll: Views Still Differ Sharply By Race

Posted: 09/22/2008 - In an election year marked by Barack Obama's historic candidacy, a new poll suggests a wide gap remains between white and black Americans.

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New Storm Brewing

Posted: 09/22/2008 - The Atlantic may be brewing up another tropical depression.

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Six Children in State Custody After Raid

Posted: 09/22/2008 - Six children are in Arkansas state custody after a weekend raid on a ministry run by a man who says “consent is puberty” when it comes to sex.

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