WASHINGTON — The winner of Tuesday night’s presidential debate is the candidate who can best use his performance to boost his standing with voters. For Republican John McCain, that means slowing if not reversing Democrat Barack Obama’s edge in national and swing-state polls. Obama would just ...
Read more...
Federal Reserve Chairman Ben Bernanke, at the National Association for Business Economics yesterday, said the outlook for the economy has worsened and offered that a rate cut may be needed to spur reinvestment. AP / Manuel Balce Ceneta Federal Reserve Chairman Ben S. Bernanke signaled yesterday that ...
Read more...
NEW YORK, (Reuters) - Wells Fargo (nyse: WFC - news - people ) is likely to get about 75 to 80 percent of Wachovia Corp (nyse: WB - news - people )'s deposits, while Citigroup Inc (nyse: C - news - people ) would get the remainder, a person briefed on the matter said Tuesday. The situation is in ...
Read more...
GALVESTON, Texas (AP) -- An animal control officer stumbled across the body of a Hurricane Ike victim on an island near where the storm slammed ashore last month, bringing the national death toll to 72. The Galveston Medical Examiner's Office said the unidentified victim was found Monday on Goat ...
Read more...
Former CEO of AIG Robert Willumstad testifies before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe role of insurance giant AIG in financial meltdown requiring government bailout. (AP Photo/Lawrence Jackson) WASHINGTON ...
Read more...
LOS ANGELES -Elgin Baylor is out as vice president of basketball operations with the Los Angeles Clippers, and coach Mike Dunleavy will assume his responsibilities as general manager. Dunleavy said Baylor had decided to resign after spending 22 years as an executive with the team. "We greatly ...
Read more...
BANGKOK, Thailand | Thailand suffered its worst political violence in more than 16 years as police battled protesters who besieged the Parliament Tuesday in their struggle to change the country's system of democracy. One woman died and more than 400 people were injured. The army moved into the ...
Read more...