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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. 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
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. 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. Barack Obama says his 86-year-old grandmother has died. Madelyn Dunham who helped raise the Democratic presidential candidate died peacefully Sunday night after a battle with cancer. Obama said he learned of her death Monday morning while campaig
1. One day before President-elect Obama is set to meet with President Bush, an Obama adviser says the new administration is looking to reverse some of Bush's executive orders. John Podesta says Bush orders on stem cell research, oil and gas drilling
1. Five days after a devastating ice storm hit Kentucky, almost a half million residents are still without power. Governor Beshear has deployed Kentucky's Army National Guard and part of the Air Guard. But authorities warned it could be days or even
1.The White House is expected to roll out limits on what government-assisted financial firms can pay their executives. A senior administration official says top people of those companies will be held to 500, 000 dollars. Congress is weighing similar
1.Senate moderates continue to work behind closed doors, trying to trim down the economic stimulus package. The group of 20 Republicans and Democrats is trying to cut 100 billion dollars from President Barack Obama's plan. It now tops 937 billion do
1.Treasury Secretary Timothy Geithner has been on Capitol Hill, defending the Obama administration's 3.6-trillion-dollar budget. He says the budget and its tax proposals make for very good economic policy. 2. The active search effort for two NFL pla
The pastor of a suburban Saint Louis church dead after a gunman opened fire in the middle of a Sunday service.Police said minister deflected one bone as the Bible before the re-struckened the chest. Two other were slashed as they wrestled the shoote
1.President Barack Obama calls his decision to lift restrictions on funding for stem cell research a difficult and delicate balance. The order Obama signed today aims to increase research into cures for paralysis and other ailments, though he notes
1. President Barack Obama was hunkered down in Williamsburg, Virginia as he prepared for his upcoming debate with Mitt Romney. The Republican candidate is also preparing for the face-off. They did spend some time on the stop in Ohio. 2. Pakistani off
1.British Prime Minister David Cameron is remembering former Prime Minister Margaret Thathcer as someone who didn't just lead her country, but saved it. He says Thather who died today at 87 will be remembered as the greatest British peacetime prime m
1.Boston Bombing suspect Jahar Tsarnaev arrived at his first pubilc court hearing since his arrest days after the April 15th attack. Survivors and family members of the victims were in the courtroom while spectators crowded outside. 2.A landslide tri
1. Twitter trended its first day as a public trade company. The stock opened at 45.10 a share, 73% above its initial offering price. Twitter was the most anticipated IPO since Facebook. 2. The government says it will be going to require a gradual pha
1. President Obama is set to address the nation Tuesday night about his plans for limited military strikes against Syria. The President says he is open to a Russian plan to have Syria surrender its chemical weapons. 2. Tropical storm Gabrielle is gai
1. Libyan state media says the country's prime minister has been freed. The government said Ali Zidan had been abducted by armed gunman early Thursday. 2. President Obama hosts top House Republicans at the White House Thursday as they look for ways t
1. Two police officers in Hattiesburg, Mississippi were shot to death during a Saturday evening traffic stop. Three suspects are in custody. Two have been charged with capital murder. 2. A transformer failed at the Indian Point nuclear power plant in
1. Residents are left taking up pieces of former homes after a string of tornadoes battered several small communities in rural Texas. At least five people are now dead, and scores of others were from the storm. 2. The mother of a man accused of fatal