Aiming for a last-minute upset, Republican John McCain embarked on a grueling odyssey through seven swing states Monday while Democrat Barack Obama was headed toward three longtime GOP bastions that have become Democratic-leaning battlegrounds in the historic presidential contest.
Sarah Palin unwittingly took a prank call Saturday from a Canadian comedian posing as French President Nicolas Sarkozy and telling her she would make a good president someday. Maybe in eight years, replies a laughing Palin.
Freedom Bank of Bradeton, Florida, in the United States became the 17th US bank to be seized by regulators in 2008, as the heaviest housing slump since the days of the Great Depression of the 1930 continues to trigger heaving losses.
The United States economy shrank at an annualised rate of 0.3% between July and September, according to figures from the Commerce Department. GDP figures were better than expected, although they show the sharpest contraction of the economy since 2001.
The United States Federal Reserve cut on Wednesday the key interest rate from 1.5% to 1% in a widely expected move with the purpose of promoting a return to moderate economic growth.
The mortgage crisis that is at the heart of the current financial turmoil reflects fundamental flaws in the way countries approach housing, and highlights the danger in thinking that markets alone will ensure adequate housing for all, said an independent United Nations human rights expert.
Britain's leading Financial Times newspaper threw its weight behind US presidential candidate Barack Obama, saying the campaign had shown that the Democrat was the right choice to lead the US.
A United States federal jury in Miami began deliberations Friday in the trial of a wealthy Venezuelan businessman accused in a conspiracy to hide the source and destination of a suitcase stuffed with 800,000 USD in cash and involving Venezuela and Argentina.
Researchers are warning of potential problems during the United States election with record numbers set to vote and many states using new voting machines.
Former United States Federal Reserve chairman Alan Greenspan confessed on Thursday that he had made mistakes in championing the light-touch US financial regulatory system, which led to what he admitted had become a once-in-a-century credit tsunami.