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1.The Dow closes up as talks drag on in Washington about rescuing the nation's financial institutions. Plans for a 700-billion-dollar bailout come as US suffers its largest bank collapse in history. Republicans on Capitol Hill want less government i
1. Wall Street took it on the chin again today. The Dow closed down more than 400 points. The drop comes on the heels of the AIG bailout and as investors express more concern about investment banks. 2. US officials say an assault on the American Emb
1. More moves from the Federal Reserve to break through a credit clog. The central bank announcing it will buy commercial paper--short-term funding companies rely on for day-to-day expenses. All of this to stimulate lending and stop a deep economic
1. President Bush says he is keeping troop strength in Iraq mostly the same until the next president takes over. About 4,000 Marines support troops are slated to return in the coming months. But no Army brigades will pull out this year. 2. Western i
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. 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