Economy Oct 21 Fed to Provide Up to $540 Billion to Money Market Funds The Federal Reserve took new steps Tuesday to loosen struggling credit markets, authorizing a new plan to inject liquidity into money markets as the government continued to search for ways to ease a global financial crisis.
Economy Oct 21 Pakistan Looks to Raise Billions in Foreign Loans Pakistan must raise between $10 billion to $15 billion over the next few weeks in order to keep making debt payments and pay for imports, the country's new economic affairs adviser Shaukat Tarin has said.
Economy Oct 17 President Bush Stands by Government Action; Housing Starts Fall in September President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market.
Science Oct 17 Researchers Search for New Weapons in Fight Against TB Last year, a young lawyer with drug-resistant tuberculosis travelled overseas despite the fact that he was on the U.S. no-fly list, sparking a media storm and bringing the lung disease back into national awareness.
Nation Oct 16 Draft Pact Says U.S. Forces Would Leave Iraq in 2011 After months of talks, Washington and Baghdad settled upon a draft security deal that would have U.S. troops leave Iraq by the end of 2011 unless Iraq asks them to stay longer.
Economy Oct 15 European Leaders Call for Summit to Overal Global Financial System As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system.
Economy Oct 14 U.S. Treasury to Inject $250 Billion into Banks In a new effort to shore up confidence in the economy and inject life into frozen credit markets, the U.S. Treasury will inject $250 billion into several large banks.
Economy Oct 13 U.S., European Stocks Soar in Response to Government Rescue Plans Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets.
Politics Oct 10 Connecticut High Court Rules Gay Couples Can Wed In a divided decision, Connecticut's Supreme Court ruled Friday that gay couples have the right to marry, making it the third state after Massachusetts and California to allow such unions.
Economy Oct 03 House Passes $700 Billion Financial Bailout Bill The House of Representatives passed hotly-debated legislation Friday to bail out the troubled financial industry by a 263-171 vote, agreeing to the Senate bill that passed on Tuesday and sending it to the White House for President Bush's signature.