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Dow dips more than 500 on worries about financials
AP - 31 minutes ago
NEW YORK - The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.
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Bernanke: Crisis could prolong economic pain
AP - Tue Oct 7, 2:00 PM ETWASHINGTON - Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain.
- Video: Fed in uncharted waters Reuters
- Interactive: Is history repeating itself? AP
Trailing Obama, McCain hopes to gain in debate
AP - 33 minutes agoNASHVILLE, Tenn. - Leading in the polls, Barack Obama hopes to cement his standing while John McCain is trying to turn his fortunes around in their second presidential debate — with economic turmoil bordering on chaos suddenly serving as the backdrop.
- Video: McCain, Obama prepare for second debate Reuters
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- Retirement accounts have lost $2 trillion — so far AP - 25 minutes ago
- Congress scolds former AIG executives over crisis AP - 32 minutes ago
- Report: N. Korea fires short-range missiles in military drill AFP - 2 hours, 50 minutes ago
- Iceland teeters on the brink of bankruptcy AP - 2 hours, 19 minutes ago
- Vicious killings escalate in Mexico drug war Reuters - Tue Oct 7, 1:32 PM ET
- Climate change seen aiding spread of deadly diseases Reuters - 2 hours, 36 minutes ago
- Rare Islamic artifact sells for $5.5 million AP - Tue Oct 7, 2:26 PM ET
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