The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting mounting damage from the most dangerous financial jolt in more than a half-century.
Key Republicans and Democrats reported agreement on an outline for a $700 billion bailout, but there was still resistance from rank-and-file House Republicans.
The financial bailout's road to passage this week depends on more than dealmaking - it will require lawmakers' fortitude.
The Democratic presidential candidate says the deepening American financial crisis and? government bailout meant he likely would have to delay initiatives outlined during his campaign.
Hillary Rodham Clinton answered skeptics Tuesday night by issuing a ringing call for her supporters to rally behind Barack Obama.
White House officials sought to stop the Environmental Protection Agency from submitting a proposed rule that would limit greenhouse-gas emissions from new vehicles, agency sources said Wednesday.
If an incumbent has survived a serious challenge or two, I assume no challenge is too tough. But that's a dangerous assumption to make about even the hardiest Republican House incumbents this year.
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First thoughts: Progress, but is it enough?
First thoughts: Progress, but is it enough?
Reid on shutdown: "It looks like it's headed in that direction"
Reid on shutdown: "It looks like it's headed in that direction"
Senate on health bill's final chapter - maybe
Senate on health bill's final chapter - maybe
Senate on health bill's final chapter - maybe
Senate on health bill's final chapter - maybe
Senate on health bill's final chapter - maybe
Senate on health bill's final chapter - maybe