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Paulson's Plan to Invest in `Thousands' of U.S. Banks (Update1)

Published October 14, 2008, 9:34 am, Bloomberg

Oct. 14 (Bloomberg) -- Treasury Secretary Henry Paulson urged banks getting $250 billion of taxpayer funds to channel the money to customers quickly to halt a credit freeze that's threatening to bankrupt companies and hammer the job market.

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U.K. Stocks Rise, Led by Banks, Mining Shares; Barclays Gains

Published October 14, 2008, 9:33 am, Bloomberg

Oct. 14 (Bloomberg) -- The U.K.'s FTSE 100 Index staged its biggest two-day rally since at least 1984 after the U.S. injected $250 billion into banks.

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What it Takes to Be President

Published October 14, 2008, 9:32 am, US News & World Report

A man with more than 30 years of experience in Congress or one with about six?

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Casa Grande Valley Newspapers Inc.

Published October 14, 2008, 9:31 am, Casa Grande Dispatch

NEW YORK - Wall Street stormed back after its worst week ever and staged the biggest single-day stock rally since the Great Depression on Monday, catapulting the Dow Jones industrials to a 936-point gain and finally offering relief from eight consecutive days of stock market carnage.

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Nobel Peace Prize winner: US can’t lead world alone

Published October 14, 2008, 9:31 am, The Oklahoma Daily

Former South African president F.W. de Klerk spoke at OU Monday about reforming South African politics, working with Nelson Mandela and the global role of the U.S. today.

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Report: Google, Yahoo talking with DoJ over ad deal approval

Published October 14, 2008, 9:31 am, Ars Technica

A report suggests that Google and Yahoo are trying to preempt any formal legal action by the US Department of Justice. The companies may be negotiating an agreement that would set limits on the companies' joint advertising agreement. Read More...

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White House Cool To Idea Of New Economic Stimulus Package

Published October 14, 2008, 9:30 am, Nasdaq

WASHINGTON -(Dow Jones)- As lawmakers ramp up calls for a new round of economic stimulus, the White House said Tuesday that implementing the $700 billion market-rescue package is the best way to revive flagging growth.

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Government moves again to unclog credit lines

Published October 14, 2008, 9:30 am, AP via Yahoo! News

President Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the free market but to preserve it."

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CFTC Calls For OTC Centralized Swap Clearing House

Published October 14, 2008, 9:29 am, Nasdaq

WASHINGTON -(Dow Jones)- The U.S. Commodity Futures Trading Commission told lawmakers Tuesday that centralized clearing is one immediate way to mitigate the risks surrounding over-the-counter derivatives, including credit-default swaps.

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McCain Pledges Cut On Capital Gains Tax, Elimination Of Tax On Unemployment Benefits In Economic Rescue Plan

Published October 14, 2008, 9:29 am, Nasdaq

(RTTNews) - Lagging in the polls a day before the final presidential debate, Republican candidate John McCain is outlining a plan aimed at limiting the impact of the recent financial turmoil on average Americans.

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