1. Treasury Secretary Henry Paulson is warning against isolationism and protectionism in the midst of the world financial crisis. He spoke at a meeting of the World Bank's policy-setting committee in Washington on how to deal with the meltdown. 2. E
1. Financial officials from the world's wealthy nations are meeting in Washington to discuss ways out of the financial crisis. President Bush met with them for about a half hour this morning at the White House. Afterward, the president said the US w
1. The Dow drops below 9,000 for the first time in five years. Investors are gloomy about the economy and the health of corporations. Shares of General Motors tumbled almost 30 percent to their lowest level since 1950. 2. President Bush will meet wi
1. Treasury Secretary Henry Paulson says global financial markets remain severely strained. He's calling for quick action to implement the government's 700-billion-dollar rescue program. And he says the administration is moving fast to begin the lar
1. Wall Street closes to modest losses as investors wait for a Senate vote on helping out the financial market. The Dow was down more than 200 points early but recovered to a loss of 19 points. 2. In Washington, high hopes that revised financial res
1. A new brush fire has broken out in the hills above Los Angeles' San Fernando Valley suburbs, prompting mandatory evacuations. The new fire began Monday morning, a few miles west of the 3,700-acre brush fire that has been burning since early Sunda
1.Congressional leaders are scrambling to make changes to the 700 billion dollar financial bailout bill that failed in Congress Monday. Presidential candidates McCain and Obama both said they back Republican measure to increase the FDIC insurance li
1. President Bush is telling Americans that it may be a while before they feel any relief from the 700-billion-dollar bailout plan approved yesterday. He says it will take some time to implement it. Meanwhile, many Americans still say they oppose th
1. Wall Street plunges again as credit markets remain tight and jobless claims hit seven-year high, stoking fears the government's financial rescue plan may not halt recession. Some lawmakers in the House now say they will change their votes when a
The firefight continues in southern California where crews are now battling three different blazes. One fire doubled in size has now burnt over 10,000 acres. Crews are getting the upper handle on the blaze... when evacuation order has been partially
1. A new Barack Obama ad that begins airing on national cable tomorrow calls John McCain's reaction to the recent financial turmoil erratic. The ad also accuses McCain of trying to shift debate from the economy to Obama's character. Sarah Palin has
1. Federal Reserve Chairman Ben Bernanke is issuing a gloomy warning about the nation's economy. Bernanke says the recent financial turmoil means economic activity will be subdued through the rest of this year and into next year. 2. There are new de
1. It's the chaos after the storm. Rescue crews across the South are picking through the debris left by a cluster of tornados. At least 50 people have been reported dead and neighborhoods leveled in five states. 2. John McCain is calling for all Con
1. A new Bush administration initiative should help homeowners who're about to lose their homes. Project Lifeline will work with homeowners 90 or more days overdue on their monthly mortgage payments. The plan will help make those payments more affor
1. The Pentagon says the six detainees held at Guantanamo Bay for the 9/11 terrorist attacks may face the death penalty. Among those being charged is Khalid Sheikh Mohammed, the suspected mastermind of the attacks. Those charged will be tried in the
1.Democrats in Maine are braving snow and cold winds to vote in today's caucuses. Twenty-four delegates are up for grabs there. Meanwhile, on the Republican side, Mike Huckabee says he has no plans of stepping out of the race any time soon. His stat
1. Roger Clemens and his former trainer Brain McNamee stuck to their guns before Congressional Committee. Both men were grilled by lawmakers about steroid use in baseball. Clemens said he has never taken steroids or human growth hormone. 2. He's cal
1. In Pakistan, a bomb explodes at a political rally, killing at least 25 people, wounding dozens more. The interior minister says the suicide bomber came close to the stage where party officials gathered. Islamic extremists are blamed for the attac
1. A 23-year-old woman shot and killed two other women at a vocational college classroom and then killed herself. All three were students at Louisiana Technical College. Her motive is not clear. 2. Fire fighters recovered three bodies from the wreck
1. A gunman killed three apparent relatives and a veteran Los Angeles SWAT officer and wounded another officer in the face before police shot him to death. Authorities had been in a long standoff with the man during which his home erupted in flames.
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