As troubles in the US housing market ripple across the global economy, the health of banks has become one of the biggest financial uncertainties for 2008.
The candidates made their final pitches to voters in Nevada, a state that has not previously had a starring role in the early stages of the presidential nomination process.
Little makes the White House team crazier than when critics, pundits, and reporters raise President Bush's legacy without mentioning his efforts in Africa and his $30 billion AIDS program.
Rudy Giuliani, the socially liberal Republican who's slipping in the polls, is reaching for an unusual E-mail list for help: a collection of 25 million Christian evangelicals.
So now we are learning that neither former President Bill Clinton nor Chelsea Clinton will play the traditional first lady role if the senator makes it to the top.
AP - With recession fears rising and the stock market tumbling, President Bush on Friday called for up to $150 billion in tax relief for consumers and business — and said there was no time to waste.
AP - Wall Street ended a painful week with another decline Friday as skittish investors unable to hold on to much optimism about the economy drew little comfort from President Bush's stimulus plan.
AP - The highest reaches of the Texas judicial system were consumed Friday by a real-life legal thriller that could be titled "The Runaway Grand Jury."
DNA found on a Colorado murder victim does not match the man convicted years later for killing her, special prosecutors said Friday. Tim Masters should be freed immediately while he awaits a new trial, they added. The case of the horrific 1987 killing and 1999 trial has pitted cop against cop and raised questions about whether an innocent man is in prison.
The CIA believes extremists linked to a Pakistani tribal leader are responsible for the killing of former Pakistani Prime Minister Benazir Bhutto, according to a U.S. intelligence official. The U.S. had been cautious about drawing the same conclusion as the Pakistanis. But the CIA now believes that Baitullah Mehsud -- leader of the Pakistani Taliban who has ties to al Qaeda -- was behind the assassination.
President Bush today proposed a temporary tax relief package to head off an economic downturn. He said Congress must act fast. "By passing a growth package quickly, we can provide a shot in the arm to keep a fundamentally strong economy healthy," Bush said.
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