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.
AP - A study by two nonprofit journalism organizations found that President Bush and top administration officials issued hundreds of false statements about the national security threat from Iraq in the two years following the 2001 terrorist attacks.
AP - Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress joined in a rare show of cooperation in promising urgent action to pump up the economy with upwards of $150 billion in tax cuts and government spending.
AP - Heath Ledger, the talented 28-year-old actor who gravitated toward dark, brooding roles that defied his leading-man looks, was found dead Tuesday in a Manhattan apartment, facedown at the foot of his bed with prescription sleeping pills nearby, police said.
Heath Ledger, who was nominated for an Academy Award for his role as a gay cowboy in the 2005 film "Brokeback Mountain," was found dead today in a Manhattan apartment, New York police told CNN. A possible drug overdose was suspected. Ledger was 28.
Former Sen. Fred Thompson today dropped out of the race for the Republican presidential nomination. Thompson, also an actor and a lawyer, entered the race late as a "true conservative." But his campaign never caught on with GOP voters.