Wall Street turmoil now spans globe
Stock markets around the world cascaded lower Monday, European regulators announced the rescue of four major banks, and U.S. and foreign officials pledged to make hundreds of billions of dollars available to ensure that banks would continue lending to each other.
Pirates: Holiday celebrated on hijacked ship
Disagreements between Somali pirates holding a Ukrainian ship escalated into a shootout and three pirates are believed dead, a U.S. defense official said Tuesday. The pirates denied the report.
At long last, food labeling law set to take effect
After years of wrangling, regulations set to take effect Sept. 30 will require food retailers to disclose what country many types of meat, produce and other food products come from.
NYT: McCain on attack after deal collapse
Besides stockholders whose portfolios were ravaged Monday afternoon, the one person with the most riding on the bailout bill that collapsed in Congress may have been Senator John McCain.
U.S. billionaire trains for second spaceflight
American billionaire Charles Simonyi, a computer software executive who paid more than $20 million to fly to the International Space Station aboard a Russian-built Soyuz capsule in spring 2007, will train for a second Soyuz trip to the space station in spring 2009.
World reacts to the U.S. crisis
As the United States wallows in the worst financial crisis since the Great Depression, the world looks on with horror, fear and sometimes guilty pleasure.
Congress scrambles for rescue plan
Congressional leaders scrambled Tuesday to come up with changes to help them sell the failed $700 billion financial bailout to rank-and-file members.
Walter: Dems face big opportunity and risk
This year, Democrats have a rare, not to say unprecedented, opportunity to increase their advantage in Congress. But, winning big in November means playing defense in 2010.
168 killed in India stampede
At least 168 people were killed and 100 injured when thousands of pilgrims stampeded Tuesday at a Hindu temple in the historic town of Jodhpur in western India, officials said.
Asian markets fall at opening
The historic carnage on Wall Street reverberated across Europe on Tuesday, with stocks volatile after U.S. lawmakers rejected a $700 billion bank rescue plan. Asian stocks fell.
