Fed Chief Dampens Recovery Expectations
The country's economic health won't snap back quickly even if badly needed confidence in the U.S. financial system returns and roiled markets finally calm, Federal Reserve Chairman Ben Bernanke cautioned.
 
McCain, Advisers Split On Wright Attacks
Politico: McCain advisors insist that the Arizona republican attack Barack Obama's ties to controversial pastor Jeremiah Wright. McCain himself refuses to use such a strategy and top aides say that is unlikely to change.
 
Markets Slide On Recession Fears
Volatility battered Wall Street again Wednesday after a disappointing retail sales report reminded investors that the country is either in a recession or moving toward one.
 
Diverging Campaigns To Meet In Last Debate
Falling behind in the polls, Republican candidate John McCain hopes to shake up the presidential race in his final debate with Democrat Barack Obama, who will be looking to close the deal with voters unhappy with the country's direction.
 
EU Leaders Endorse Continent-Wide Bailout
Poland's finance minister says EU leaders have endorsed a continent-wide bailout for the banking sector.
 
Gray Vote No Longer Reliably Red
Washington Post: The weakened state of the economy making many seniors worry not only for themselves but for their children and grandchildren, causing some to give the democrat a second look.
 
Cheney Experiences Abnormal Heart Rhythm
Vice President Dick Cheney experienced an abnormal heart beat and will see doctors to "restore his normal rhythm" - the second time in less than a year that he will have the procedure.
 
Will U.S. Taxpayers Need A Bailout?
President Bush says the move to partially nationalize large U.S. banks is necessary to "preserve" the free market. But left unmentioned during this week's flurry of announcements are the potential perils.
 
Nancy Reagan Breaks Pelvis, Hospitalized
Nancy Reagan has been hospitalized in Los Angeles with a broken pelvis.
 
Fire Crews Beating Back L.A. Wildfires
Firefighters in southern California have made substantial progress against the wildfires raging near Los Angeles, reports CBS News correspondent Hattie Kauffman.
 
Madonna Says Goodbye To Guy
Madonna's spokeswoman said the singer and her husband, filmmaker Guy Ritchie, will divorce after 7 years together.
 
Drunken Hijacker Overpowered By Passengers
A drunk man claiming to have a bomb tried to hijack a Russian-bound Turkish Airlines plane but was quickly overpowered by fellow passengers, officials said.