Historic bailout bill passes Congress; Bush signs

By JULIE HIRSCHFELD DAVIS, Associated Press Writer Julie Hirschfeld Davis WASHINGTON – With the economy on the brink of meltdown and elections looming, a reluctant Congress abruptly reversed course and approved a historic $700 billion government [...]

Evidence dispute puts senators’ trial in jeopardy

The government’s high-profile prosecution of Sen. Ted Stevens appeared in jeopardy Thursday after his lawyers persuaded a judge to suspend the senator’s corruption trial for the day and consider throwing out the charges. The defense, in hastily prepared court papers, accused the government of seeking to sabotage its case by withholding a key piece of evidence [...]

Congress leaders optimistic on revived bailout

The Senate moved toward passage Wednesday of a $700 billion financial industry bailout as opposition to the package among House Republican conservatives appeared to be softening, thanks partly to a provision increasing insurance for people’s deposits. Congressional leaders from both parties said they were hopeful that a new version of the rescue plan could be cleared [...]

Polls: Obama leads in critical trio of states

Recently trailing or tied, Democrat Barack Obama now leads Republican John McCain in a trio of the most critical, vote-rich states five weeks before the election, according to presidential poll results released Wednesday. The Democrat’s support jumped to 50 percent or above in Ohio, Florida and Pennsylvania in Quinnipiac University surveys taken during the weekend — [...]

Lawmakers quickly point fingers after bailout fails

WASHINGTON (CNN) — Democrats and Republicans on Capitol Hill immediately blamed each other for the failure of a $700 billion bailout package in the House on Monday. House Minority Leader John Boehner, R-Ohio, said there would be no revote on the bill on Monday because members had left the Capitol. It was unclear in what form the [...]

Channel halts airing of ad citing McCain’s cancer

WASHINGTON: The cable network MSNBC on Friday stopped airing a commercial by two liberal groups that makes an issue of Republican presidential candidate John McCain’s past bouts with skin cancer and demands that he release his medical records to the public. “The ad had not been thoroughly vetted prior to air, and has since been removed [...]

U.S. candidates square off

From the economy to foreign affairs to the way they carried themselves on stage, John McCain and Barack Obama offered a dramatic contrast Friday night in their first presidential debate, mixing disdain and often caustic remarks as they set out sharply different views of how they would manage the United States and confront its adversaries [...]

Presidential debate could be back on track

By Elisabeth Bumiller and Jeff Zeleny CLEARWATER, Florida: With their first presidential debate awash in uncertainty, Senator Barack Obama interrupted his preparations here Thursday and headed to Washington to join Senator John McCain for an extraordinary White House meeting intended to spark an agreement on the $700 billion government plan to bail out the nation’s [...]

U.S. lawmakers seem near deal on bailout

WASHINGTON: Lawmakers indicated Thursday that they were close to hashing out an agreement on a proposed $700 billion bailout of the financial system, hours before a high-stakes meeting at the White House to finalize the deal. Article Images Article After congressional staff members worked through the night to hammer out the details of the remarkable rescue effort, Senate and House [...]

Obama rejects McCain’s call to delay debate - AP

By BETH FOUHY, Associated Press Writer NEW YORK - The economic crisis and raw politics threatened to derail the first presidential debate as John McCain challenged Barack Obama to delay the Friday forum and join forces to help Washington fix the financial mess. Obama rebuffed his GOP rival, saying the next president needs to “deal [...]

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