AP NEWS 2008-01-311. The Fed continues to drop interest rates, cutting short-term rates by a half point, moving to combat an economic slowdown and weakness in financial markets. This follows last week's dramatic rate drop. And more cuts may be comin...
1. Lawmakers overwhelmingly passed a $146 billion aid package. That means rebates up to 1200 dollars for most tax payers. It was a rare moment of a bipartisanship. The plan calls for rebates for people making at least $3,000. The bill now goes to th...
1.Members of the Democratic Party's best known political family are endorsing Barack Obama for president. Senator Ted Kennedy says Obama is a worthy heir to his assassinated brother John F. Kennedy. 2.The new poll shows a tight race among two leading...
1. With just two days before their primary , the GOP presidential hopefuls are hitting the trail hard. The battle between John McCain and Mitt Romney is turning bitter. Rudy Giuliani has put all his eggs in the Florida basket. 2. And one day after h...
1. Voters in South Carolina are heading to the polls in the state's Democratic primary. Polls show Barack Obama leading thanks to strong support from the state's African-Americans. Obama is hoping to re-establish himself as the co-front-runner for t...
1. A three-alarm fire at the Monte Carlo Casino in Las Vegas sent flames raising across the roof, filling the sky with thick black smoke. Gamblers and guests were forced to flee. There were no major injuries. 2. With riot gear on, Egyptian forces tr...
1. President Bush is praising a bipartisan economic stimulus package that would give most tax filers refunds of 600 to 1200 dollars, and those with kids may get even more. The rebates which are expected to go out in June will cost about $100 billion...
1. Secretary of State Condoleezza Rice says the US economy is resilient and will remain an engine of growth. Rice is attending the World Economic Forum in Switzerland. Her comments come as the Dow Jones closed with a gain of 300 points. It had been...
1.After an early decline, a partial rebound on Wall Street following an unusual and emergency interest rate cut by the Fed. The Dow Jones Industrial Average was down more than 400 points after trading began, but closed the day with a milder drop dow...
1. The three leading Democratic presidential candidates are honoring the memory of Martin Luther King Junior. Barack Obama, John Edwards and Hillary Rodham Clinton were all at the State House in Colombia, South Carolina. Thousands turned out for the...
1.Colorado fire crews are trying to figure out why a television station building went up in flames. A competing station says the fire started at Grand Junction's KREX this morning. The cause is under investigation. 2.Just a day after competitions in...
1. Mitt Romney's victory in Nevada has given him a boost in the GOP delegate race. Meanwhile, Democrats share the stage here as Hillary Clinton and Barack Obama vie for a caucus victory. On the other side of the country, John McCain and Mike Huckabe...
1. President Bush is hoping a 145-billion-dollar stimulus plan will get the economy back on track. He says his package of tax cuts and business incentives offers direct and rapid relief that will encourage economic growth. 2. The presidential pictur...
1. A British Airways jet landed short of the runway at London's Heathrow Airport, forcing the evacuation of the 152 passengers and crew members. Three people were injured. The underbelly of the plane was seriously damaged in the emergency. 2. Fed ch...
1. The top Democratic presidential candidates are locked in a tight battle for Nevada's delegates. The Clinton and Obama camps pledged to put their recent controversy over race behind them as they headed to Saturday's caucus .The White House's race...
