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Dow jumps almost 600 as US pledges bank aid
AP - 10 minutes ago
NEW YORK - The Dow Jones industrial average rebounded almost 600 points today as Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose well over 7 percent.
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Obama calls for 90-day moratorium on foreclosures
AP - 4 minutes agoTOLEDO, Ohio - Democrat Barack Obama is calling for a 90-day moratorium on foreclosures and a two-year tax break for businesses that create jobs as part of a plan to heal the nation's ailing economy.
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Columnist Paul Krugman wins Nobel economics prize
AP - 54 minutes agoSTOCKHOLM, Sweden - Paul Krugman, the Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel prize in economics Monday for his analysis of how economies of scale can affect international trade patterns.
- Treasury, Fed to meet with financial execs on bailout details AP - 36 minutes ago
- Independents split evenly between Obama and McCain AP - Mon Oct 13, 4:46 AM ET
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- video: Hurricane Norbert hits Mexico, heads inland AP - Mon Oct 13, 7:35 AM ET
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