National News

  • House Passes Bail Out Package House Passes Bail Out Package

    WASHINGTON (Reuters) - The U.S. House Friday passed a landmark $700 billion financial industry bailout bill, sending it now to President Bush, who is expected to sign it into law. Read more »

National News

  • Debate Trades Barbs But Stays Polite Debate Trades Barbs But Stays Polite

    ST. LOUIS (Reuters) - Republican Sarah Palin and Democrat Joe Biden clashed on the economy and Iraq during a lively but polite debate Thursday, and aimed the most criticism at their rivals at the top of the ticket. Read more »

  • Senate Passes Bail Out; House to Vote Friday Senate Passes Bail Out; House to Vote Friday

    NEW YORK/WASHINGTON, Oct 1 (Reuters) - The U.S. Senate approved a $700 billion bailout of the financial industry late on Wednesday that political and financial leaders called crucial to averting economic catastrophe. Read more »

  • Unemployment Reaches New High Unemployment Reaches New High

    WASHINGTON, Oct 2 (Reuters) - The number of U.S. workers filing new claims for jobless benefits rose to their highest in seven years due to the impact of hurricanes Ike and Gustav, the government said in a report on Thursday. Read more »

  • Senate Prepares to Vote on Second Bail Out Senate Prepares to Vote on Second Bail Out

    WASHINGTON/NEW YORK, Oct 1 (Reuters) - The U.S. Senate will vote on Wednesday night on a new version of the $700 billion bailout package for Wall Street, rekindling hopes that the credit crisis can be stemmed before claiming yet more banks and causing further damage to the global economy. Read more »

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