New home sales fall to slowest pace since 1991
WASHINGTON - Sales of new homes fell in October to the lowest point in nearly 18 years while the median price of a new home dropped to the lowest level since 2004.
Nations:U.S. People:Barack Obama Activities:U.S. Foreclosure Crisis Source:(AP)
2008-11-26
Dow up 494 as Obama prepares to name treasury boss
NEW YORK - Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap the chief of the New York Federal Reserve as the next treasury secretary and hand him the herculean task of righting the U.S. financial system.
People:Timothy Geithner Henry Paulson Barack Obama George W. Bush Activities:U.S. Markets
2008-11-21
Election spurs 'hundreds' of race threats, crimes
Cross burnings. Schoolchildren chanting "Assassinate Obama." Black figures hung from nooses. Racial epithets scrawled on homes and cars.
Nations:U.S. People:Barack Obama Activities:US Election 2008 Source:(AP)
2008-11-15
Dow ends up nearly 553 in rebound from selloff
NEW YORK - Wall Street launched a massive rebound Thursday, muscling the Dow Jones industrial average up nearly 553 points after driving it down near its lows for the year, as investors decided they did not want to miss out on cheap stocks.
Activities:U.S. Markets Source:(AP)
2008-11-13
Democrats expand control of Senate by 5 seats
WASHINGTON - Democrats fattened their majority control of the Senate on Tuesday, ousting Republican Sens. Elizabeth Dole of North Carolina and John Sununu of New Hampshire and capturing seats held by retiring GOP senators in Virginia, New Mexico and Colorado.
Nations:U.S. People:Al Franken Pete Domenici Norm Coleman Susan Collins Wayne Allard Tim Johnson Activities:US Election 2008
2008-11-05
Democrats headed toward big gains in House, Senate
WASHINGTON - Democrats are on track for sizable gains in both houses of Congress on Nov. 4, according to strategists in both parties, although only improbable Southern victories can produce the 60-vote Senate majority they covet to help them pass priority legislation.
Nations:U.S. People:Norm Coleman Sheldon Adelson Nancy Pelosi Barack Obama Charles Schumer John McCain Activities:Mahoney Sex Scandal US Election 2008
2008-10-25
For bailout to work, housing market needs to mend
NEW YORK - Washington's financial bailout plan is now law. So the credit spigot will start flowing again, banks will resume lending, and an economic recovery can begin, right?
Nations:U.S. People:Henry Paulson Activities:2008 U.S. Financial Rescue Source:(AP)
2008-10-04
45,000 given go-ahead to return to Galveston
GALVESTON, Texas - One week after Hurricane Ike wiped out whole neighborhoods and nearly every basic service in Galveston, there is a plan to start letting some 45,000 evacuees back to their hobbled hometown.
Nations:U.S. Mexico People:Chris Duncan Activities:2008 Hurricane Ike Source:(AP)
2008-09-20
Some of Ike's missing may have just washed away
GALVESTON, Texas - The death toll from Hurricane Ike is remarkably low so far, considering that legions of people stayed behind as the storm obliterated row after row of homes along the Texas coast. But officials suspect there are more victims out there and say some might simply have been swept out to sea.
Nations:U.S. Activities:2005 Hurricane Katrina 2008 Hurricane Ike Source:(AP)
2008-09-18
Miserable post-Ike life won't change soon for many
GALVESTON, Texas - Homeland Security Secretary Michael Chertoff was due back in hurricane-ravaged Texas for a second time to check on recovery efforts Wednesday as misery dragged on for many going into their fifth day after Ike.
Nations:U.S. People:Chris Duncan Activities:2008 Hurricane Ike Source:(AP)
2008-09-17
Nearly 2,000 brought to safety in Texas
GALVESTON, Texas - Rescuers searching the waterlogged streets and splintered houses left behind by Hurricane Ike said Sunday they had saved nearly 2,000 people -- many of whom then boarded buses to shelters without knowing where they were going or when they could come home.
Nations:U.S. People:Chris Duncan Activities:2008 Hurricane Ike Source:(AP)
2008-09-14
It's race against time to save Texas stalwarts
GALVESTON, Texas - Rescue crews canvassed neighborhoods inundated by Ike's storm surge early Sunday morning, racing against time to save those who spent a second harrowing night trapped amid flattened houses, strewn debris and downed power lines.
Nations:U.S. Activities:2008 Hurricane Ike 2005 Hurricane Katrina 2008 Hurricane Gustav
2008-09-14
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