WASHINGTON — Republican John McCain and Democrat Barack Obama proposed Tuesday that the government insure consumers’ bank deposits up to $250,000 by raising the $100,000 federal limit as each sought to navigate the unpredictable politics of the financial crisis.
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WASHINGTON - Rock stars Bruce Springsteen and Billy Joel are teaming up for their first joint concert to benefit Democratic presidential nominee Barack Obama.
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AP - Brian Cashman figures he has more work to do with the New York Yankees. After a sustained run of success, he wasn’t about to leave on the heels of a failed season. Cashman is staying on as general manager of the Yankees, agreeing Tuesday to a three-year contract that runs through 2011.
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AFP - A powerful Wall Street rally Tuesday helped lift global markets a day after a near-meltdown as investor hopes grew on the prospects for a new US financial rescue package to ease the crisis.
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AP - Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise money showed no sign of relief.
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DES MOINES - White House rivals John McCain and Barack Obama combined televised attack ads with statesmanlike appeals for bipartisanship today as they vied for political gain…
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GRAND RAPIDS — The city’s top elected and appointed officials won’t be around to greet Democratic presidential candidate Barack Obama Thursday. Mayor George Heartwell, city commissioners James White, Rosalynn Bliss and Walter Gutowski were scheduled to attend a Michigan Municipal…
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AP - Janet Jackson was released from a Montreal hospital just two hours after she arrived, a spokeswoman for the facility said Tuesday, but it was still not clear why she was admitted.
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AP - Could voting for president be hazardous to your health? An analysis of Election Day traffic deaths dating back to Jimmy Carter’s 1976 win suggests yes, but the authors say that’s no reason not to go to the polls.
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Reuters - Auto salesman Ryan Thomas is watching the credit crisis hit Main Street America. On Monday, as Congress rejected a bailout plan and stock markets plummeted, Thomas had to turn away a customer with $3,000 in his hand who wanted to buy a new vehicle.
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