Economy Nov 11 Global, U.S. Markets Struggle as Worries Persist for Automakers Global financial troubles worsened Tuesday as stocks fell in many markets and analysts grew more concerned that the worldwide economic downturn is deepening.
Economy Nov 10 AIG Aid, China Bailout Boost World Markets After G-20 Conference The bailout of embattled insurance giant American International Group, Inc. got another dramatic boost Monday with the U.S. government easing the terms of its loans to the company.
World Nov 10 Bombings in Baghdad, Baqouba Kills Dozens Explosions in Baghdad and in the northeast city of Baqouba left dozens dead and many wounded Monday morning, the Iraqi Interior Ministry reported.
Politics Nov 07 Economy Dominates Obama’s First News Conference After Election President-elect Barack Obama said Friday that the United States is facing the greatest economic challenge in a lifetime and vowed to confront the crisis head-on when he takes office.
Economy Nov 07 U.S. Unemployment Surges to 6.5 Percent in October Fueled by an economic downturn, the U.S. economy lost 240,000 jobs in October, the Labor Department said Friday. The numbers helped push the employment rate to 6.5 percent, its highest level in 14 years.
Politics Nov 06 President-elect Obama Sets About Crafting New Administration With the U.S. economy likely in recession and the country embroiled in two wars, President-elect Barack Obama and his staff have been quickly transitioning from campaign mode to preparing to govern with little time to celebrate his landmark victory.
Nation Nov 05 Hamas Reacts to Israeli Incursion With Mortar Fire Hamas militants fired rockets into southern Israel Wednesday, hours after Israeli forces killed six gunmen in fighting that threatened a five-month-old truce that has brought some relief to Gaza residents.
Politics Nov 05 World Leaders Hail Obama Win; Democrats Widen Leads in Congress A day after Democrat Barack Obama's decisive presidential win, world leaders expressed their congratulations, calling the results "historic," and laying out their hopes for resolutions of problems in their regions of the globe.
Politics Nov 04 Fueled by Huge Turnout, Obama Wins Presidency After a campaign destined to help redefine American politics, Sen. Barack Obama convincingly captured the U.S. presidency Tuesday, making him the country's first black leader.
Politics Nov 04 Long Lines, Broken Machines Reported, But Turnout Appears to be Record Breaking Rain in the battleground states of Virginia and North Carolina caused problems at some polling booths, and long lines discouraged some voters in Missouri, but for the most part, Americans persevered to vote in this historic presidential election.