The Dow closed more than 330 points higher today after unusually candid remarks by a top Federal Reserve official, who appeared to open the door to further interest rate cuts.
AP - Rudy Giuliani and Mitt Romney scornfully debated immigration Wednesday in a testy personal exchange in which Giuliani accused Romney of employing illegal immigrants at his home and running a "sanctuary mansion."
AP - Nearly 6,000 Sunni Arab residents joined a security pact with American forces Wednesday in what U.S. officers described as a critical step in plugging the remaining escape routes for extremists flushed from former strongholds.
AP - A missing Kansas college student believed to be the victim of foul play apparently led a double life as an Internet porn star by the name of Zoey Zane.
Eight Republican presidential hopefuls are preparing for a challenge unlike anything they've faced as they step onto the stage for their party's first CNN/YouTube debate. As questions poured in, CNN producers noticed big differences compared to the submissions for the Democratic debate. Topics that came up most often included immigration, conservative values, economic issues and taxes.
President Bush on Wednesday told CNN he would personally "facilitate" peace negotiations between the Palestinians and Israelis but dismissed the idea that he would travel to the region to engage in talks. "It's got to be a Palestinian vision and an Israeli vision where they find common ground," Bush said.
Stocks surged Wednesday, with the Dow industrials rallying 331 points, after comments from a Federal Reserve official sparked bets that the central bank will cut rates again at its next policy meeting.