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  • McCain, Obama clash over causes, cures of crisis
    Barack Obama and John McCain clashed repeatedly over the causes and cures for the worst economic crisis in 80 years Tuesday night in a debate in which Republican McCain called for a sweeping $300 billion program to shield homeowners from mortgage foreclosure.   Nations:Afghanistan North Korea Pakistan Russia   People:Barack Obama John McCain Tom Brokaw   Activities:US Election 2008   Source:(AP)   2008-10-07

    Retirement accounts have lost $2 trillion so far
    Americans' retirement plans have lost as much as $2 trillion in the past 15 months -- about 20 percent of their value -- Congress' top budget analyst estimated Tuesday as lawmakers began investigating how turmoil in the financial industry is whittling away workers' nest eggs.   Nations:U.S.   People:Dennis Kucinich   Activities:2007 Global Credit Crunch 1929 Great Depression   Source:(AP)   2008-10-07

    Stocks tumble as Street worries about financials
    The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.   Nations:Germany Japan France Australia   People:Ben Bernanke   Activities:2007 Global Credit Crunch U.S. Markets   2008-10-07

    Fed to buy massive amounts of short-term debt
    WASHINGTON - The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy.   Nations:U.S. Germany   People:Henry Paulson Ben Bernanke   Activities:2007 Global Credit Crunch   2008-10-07

    Asian markets mixed after Australia's big rate cut
    SEOUL, South Korea – Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.   Nations:Australia South Korea Japan France   Activities:Asian Markets 2007 Global Credit Crunch   2008-10-07

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    popular coverage of the Week (all rankings)
  • [2008 Hurricane Ike]: AP Investigation: Ike environmental toll apparent (14:14 10/5)
  • [Second Gulf War]: 11 Iraqis killed in U.S. raid in Mosul (04:27 10/7)
  • [Korea Nuclear Crisis]: US nuclear envoy has 'substantive' talks in NKorea (09:27 10/3)
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  • [US Election 2008]: Obama has 3-point national lead on McCain (04:27 10/7)
  • [2007 Global Credit Crunch]: Asian markets mixed after Australia's big rate cut (04:22 10/7)
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  • [110th Congress]: Congress hears Lehman sought millions for execs (13:55 10/6)
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    NewsGuide EventCityPeopleShowCompany 
     ENTSportsBIZEDULifeMilitaryPoliticsSocietyHealth 
    [US Election 2008]: McCain, Obama clash over causes, cures of crisis (21:48 10/7)


    [2008 AIG Crisis]: AIG execs' retreat after bailout angers lawmakers (21:48 10/7)

    [2007 Global Credit Crunch]: Retirement accounts have lost $2 trillion so far (18:48 10/7)


    [1929 Great Depression]: Retirement accounts have lost $2 trillion so far (18:48 10/7)


    [2006 U.S. Immigration Row]: 300 suspected illegal immigrants caught in SC raid (17:48 10/7)

    [U.S. Markets]: Stocks tumble as Street worries about financials (16:48 10/7)

    [Asian Markets]: Asian markets mixed after Australia's big rate cut (04:22 10/7)

    [2008 MLB]: Rays beat White Sox 6-2 to advance to ALCS (01:27 10/7)

    [2008 U.S. Recession]: Bernanke: Crisis could prolong economic pain (21:48 10/7)

    [CIA Prison Scandal]: Judge: Let Chinese Muslims from Guantanamo into US (12:09 10/7)




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