Barack Obama elected 44th president

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Expectations low, Palin scores in debate

Analysis: While both vice presidential candidates succeeded in their only debate, the stakes were much higher for Sarah Palin. So, in the contest of low expectations, Palin won.

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House votes down massive bailout measure

The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

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McCain will attend debate, campaign says

Republican John McCain will attend Friday night's presidential debate, his campaign said, even though Congress doesn't have a bailout deal in place.

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Deal said to be near on big financial bailout

Democrats and Republicans have made "tremendous progress" in negotiations over a $700 billion rescue plan for Wall Street, according to a leading Democrat.

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