Michelle Obama fires up supporters in Minnesota Michelle Obama, the wife of Democratic presidential candidate Sen. Barack Obama, is spending the day in Minnesota. She spoke earlier today in Rochester, and is making an afternoon stop in St. Paul.5:50 p.m.
National Public Radio Stories
Dow Jones Posts Biggest One-Day Gain
Stocks have rallied into positive territory, making their biggest-ever one-day gain. The Dow Jones industrial average closed up more than 900 points. Jason Weisberg, senior vice president of Seaport Securities, says Friday's close, the G-7 meeting and the European rescue plan all contributed to the surge.
Britain Unveils Plan To Boost Banks
Britain has said it would provide up to $63 billion to boost the balance sheets of three of the country's largest banks but demanded in return the departure of some of the country's top bankers. Stocks in Britain rose at the news.
Europe Vows $2 Trillion Backing For Banks
European governments have promised nearly $2 trillion of support for the banking system in Europe. After the British announcement of massive intervention last week, governments using the euro announced similar measures when they met in Paris Sunday night.
On Afghan-Pakistan Border, Security Worsens
Afghanistan is more violent than at any time since the war to oust the Taliban seven years ago. The most notable deterioration in security in recent months has been in Afghan provinces bordering Pakistan, places the U.S. military used to tout as the greatest success stories.
McCain Campaigns In Va., N.C.
John McCain has brought his presidential campaign to two states that have been reliably Republican, but this year seem too close to call: Virginia and North Carolina. He has attended rallies in Virginia Beach, Va., and Wilmington, N.C.
Obama Touts Economic Plan In Ohio
Barack Obama has unveiled what his campaign is calling a major economic address in Toledo, Ohio. The state is crucial for John McCain's campaign. No Republican has won the White House without the Buckeye State, but polls have the state as a tossup.
Krugman Wins Nobel Prize In Economics
This year's Nobel Prize in Economic Sciences has gone to Paul Krugman for his theories on how economies of scale affect international trade. Krugman, a professor of economics and international affairs at the Woodrow Wilson School at Princeton University and a columnist for The New York Times, says he was stark naked, about to step into the shower at 6:40 a.m. when his cell phone rang with the news. He called the award "an awesome surprise."
A Never-Ending Battle Over Farming With Chemicals
The Griffieons, who run a 1,150-acre farm in Iowa, disagree about whether to use chemicals on their corn and soybeans. They reserve a 10-acre plot for experiments with organic farming, but the crop yield wasn't as hearty as those sprayed with pesticides.
Paulson Meets With Bank CEOs On Rescue Plan
Treasury Secretary Henry Paulson has called the CEOs of half-dozen big U.S. banks to a meeting in Washington. Paulson and the CEOs were expected to discuss Treasury's plan to stabilize the financial sector by buying equity stakes in banks.