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The fate of the largest economic bailout in American history appeared less certain Tuesday as lawmakers appeared to balk at having any plan finalized this week, saying the Bush administration's proposal still lacks detail.
The president says that world leaders must enforce sanctions on Iran and North Korea.
In an interview with NPR, Ahmadinejad disputed the view of him as confrontational — up to a point.
September 23, 2008 · Fragile X is a mutation on the X chromosome that can cause mental retardation and autism. But early studies suggest several new drugs may help correct the mutation and diminish some of its effects, including autism.
September 23, 2008 · With the U.S. government's implementation and installation of missile defense well under way, critics question the system's efficacy and technology. Officials and critics say dealing with countermeasures is an ongoing problem.
September 23, 2008 · The White House is pressuring Congress to pass a $700 billion rescue package for the financial sector. Senate Majority Leader Harry Reid said the Bush administration's proposal is a starting point but by no means is the final product. Democratic lawmakers say they want to include more oversight, bankruptcy changes and executive pay caps.
September 23, 2008 · While Congress is hashing out details of the government's $700 billion bailout of financial institutions, Wall Street is eyeing an opportunity. The government will have to hire help to deal with the bad loans. So, some of the same firms that packaged up and signed off on those bad mortgage loans in the first place want to get hired to help with the cleanup.
September 23, 2008 · Jury selection in the trial of Boston-born Charles "Chuckie" Taylor Jr. begins this week in Miami. Taylor once led Liberia's "Demon Forces" and allegedly took part in torturing victims.
September 23, 2008 · A series of powerful storms has devastated the already frail Haiti, leaving hundreds of thousands of people dependent on international food aid. Haiti has also been rattled this year by political instability, street riots and rapidly rising global food prices.
September 23, 2008 · The Bush administration's proposal to rescue the financial sector with a $700 billion bailout will change American capitalism. One law professor says it sidelines Congress and gives extraordinary power to the U.S. Treasury secretary.
September 23, 2008 · Democratic presidential nominee Barack Obama campaigned Monday in the battleground state of Wisconsin. The Illinois senator chastised the Republican administration for its push to deregulate the financial markets. Obama said Republicans wanted to let the market run free, but instead they let it run wild.
September 23, 2008 · Republican presidential hopeful John McCain called Monday for bipartisan oversight of the Bush Administration's proposed bailout of the U.S. financial markets. Campaigning in Scranton, Pa., McCain said the current plan makes him "deeply uncomfortable" because one man, Treasury Secretary Henry Paulson, would have control over all that money.
September 23, 2008 · While Treasury Secretary Henry Paulson is pressing Congress to pass his $700 billion plan to bailout the financial sector, he's also asking foreign countries for assistance. But France and Germany are not likely to get aboard. Many Europeans now feel that their model of tighter regulation and more government involvement has been vindicated.
September 23, 2008 · World leaders gathered in New York Tuesday for the U.N. General Assembly. President Bush addressed the meeting for his eighth and final time. He portrayed himself as a multilateralist who wants to see the U.N. function better. Bush is trying to shed his go-it-alone image.
September 22, 2008 · Bush administration officials want Congress to approve a $700 billion aid package for Wall Street, and they want it to happen soon. Democrats say they're willing to help shore up the financial markets, but they want a bill that includes relief for homeowners and taxpayers as well.
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