AP - Democrat John Edwards is exiting the presidential race Wednesday, ending a scrappy underdog bid in which he steered his rivals toward progressive ideals while grappling with family hardship that roused voters' sympathies, The Associated Press has learned.

AP - Rudy Giuliani told supporters Wednesday he's abandoning his bid for president and backing Republican rival and longtime friend John McCain.

AP - The Federal Reserve is likely to follow its bold action last week to battle an economic downturn with further interest rate reductions, although analysts are split on just what size the future cuts will be.