New bridge doesn't fix transportation problems The new 35W bridge was built in record time, and the funding for it was found with amazing speed. But don't expect the fast action and cooperative spirit to be a model for other state transportation projects.6:55 a.m.
Washington Co. unhappy about transit spending There's been loud criticism from one of the five metro counties that's charging a new quarter-cent sales tax. Washington Co. wants some projects that the tax pays for to directly benefit county residents.7:55 a.m.
Another Bailout: Government Lends AIG $85 Billion
The federal government agreed Tuesday to make an emergency loan of $85 billion to American International Group in exchange for a nearly 80 percent equity stake in the company. Why did the Federal Reserve act to save AIG and what does it mean?
Candidates Biting The Hands That Feed Them?
Presidential hopefuls John McCain and Barack Obama are both slamming Wall Street for its "unbridled greed" (as McCain put it) and for "an economic philosophy that has completely failed" (as Obama said) — strong words for two candidates who have accepted millions of dollars in campaign contributions from Wall Street.
Iraqis' Love-Hate Relationship With Americans
Dexter Filkins, a reporter with The New York Times, has spent nearly four years in Iraq. He often heard Iraqis say one thing to Americans and something different to other Iraqis. He details these stories in his new book,The Forever War. Filkins talks with Steve Inskeep about the fragility of truth in Iraq and what that means for a lasting peace.
Mueller: FBI Needs More Powers To Combat Threats
FBI Director Robert Mueller testified Tuesday before a House panel about new investigative powers he seeks for the agency, the investigation into the anthrax attacks and the FBI's efforts to combat mortgage fraud. He says current rules hobble the agency's ability to assess whether someone or something is a threat.
Candidates Vie For Female Voters' Attention
Presidential candidates Barack Obama and John McCain are fighting intensely for the female vote. McCain is trying to take advantage of the boost he received from naming Sarah Palin as his running mate. Obama is trying to counter it.
Groups Aim To Ease Overseas Voting For Americans
American military personnel or those living overseas can encounter problems getting their absentee ballots. In 2006, only a third of the absentee ballots requested by these voters were counted. Two organizations are using their Web sites to combat this.
AIG Bailout Boosts Some Asian Markets
The Federal Reserve's latest bailout has calmed some jitters in Asia. The Fed's $85 billion loan for insurance giant AIG helped Tokyo's main stock average end the day slightly higher. Korea's main index was up as well. However, stock markets in Australia, India and Hong Kong fell.
Oil Prices Drop Amid Crisis On Wall Street
Oil is trading well below $100 a barrel. That is much lower than the $147 a barrel reached in mid-July. James Burkhard of Cambridge Energy Research Associates talks about what the drop in oil prices says about the economy.
Barclays To Buy Lehman's Banking Divisions
The British bank Barclays agreed Wednesday to acquire Lehman Brothers' North American investment banking and capital markets businesses for $250 million in cash. Lehman filed for bankruptcy protection Monday after it was unable to find financing or fresh capital to shore up its balance sheet amid the continued downturn in the credit markets.
Lehman Brothers' Employees Turn to eBay
Workers at the investment bank are auctioning company memorabilia, like T-shirts, mugs and mousepads on eBay. "Own a piece of history!" reads one listing for a golf club with the Lehman Brothers logo. The starting bid is 350 dollars. Lehman items are commanding a premium.