Congress questioned federal regulators during a hearing Monday about why so many warning signs surrounding the business dealings of Wall Street investor Bernard Madoff went unnoticed. New York Times reporter Alex Berenson details the latest developments.
Recent economic problems have created budget shortfalls in many states, but California is worse off than most. Faced with a massive deficit, state lawmakers might have to raise taxes or cut health care services. Betty Ann Bowser reports.
President-elect Barack Obama named Peter Orszag as his budget director Tuesday and pledged the rein in the federal budget. Financial experts mull his proposals and weigh in on the complex process of trimming federal programs.
The British Parliament on Monday considered changes to its income and sales taxes as a means to alleviate the economic downturn. Margaret Warner reports from London about the proposed stimulus plan.
Congressional leaders and both President Bush and President-elect Obama have stressed the need for another financial stimulus package to jump-start the stalled economy. Economists weigh in on what steps they would take.
Presidential hopefuls Sens. John McCain, R-Ariz., and Barack Obama, D-Ill., delivered closing arguments Monday in closely contested states such as Ohio. Judy Woodruff reports on their final efforts.
As Sens. Barack Obama and John McCain make their final cases to voters in critical states, newspaper editorial boards are weighing in with endorsements of the candidates. Editors from across the country detail which candidates their papers backed and why.
Sens. John McCain and Barack Obama spoke in different parts of Pennsylvania Tuesday, each focusing on the economy and their plans to help struggling Americans, reaching out to undecided voters in the battleground state. Gwen Ifill reports on the latest.
While Michelle Obama filled in for the Senator as he visited his ill grandmother in Hawaii, Governor Palin and Senator McCain took their message to the battleground states. Judy Woodruff reports on the latest news from the campaign trail.
The candidates continued their campaigns in the key battleground states of Indiana and Florida, attacking each other's tax plans and promising to create new jobs. Spencer Michels recaps the latest campaign news.
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