Stocks are trading higher, a day after Congress failed to pass a $700 billion financial bailout plan, triggering a 777-point drop for the Dow. CNNMoney reports the Dow added 260 points an hour into the session. Today’s bump came after President Bush urged lawmakers to try again to pass a bailout bill.
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Gordon Brown says he will do “whatever it takes” to protect people’s savings in banks and building societies.
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Two people have died of wounds from Monday’s bombing in north Lebanon, bringing the death toll to seven, security sources say.
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US stocks move higher after President George W Bush renews calls for Congress to back the $700bn banking rescue plan.
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The opposition MDC in Zimbabwe says talks with President Mugabe on the distribution of cabinet posts are deadlocked.
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Scientists attempt to find cause of whale strandings
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Chelsea midfielders Joe Cole and Deco miss the trip to Romanian champions Cluj with thigh injuries.
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Scared yet? The U.S. stock market suffered a massive selloff on Monday and though it regained some ground on Tuesday, prospects of a bear market and a recession loom large.
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Spanish coastguards rescue what is thought to be the largest single boatload of illegal immigrants to reach Spain.
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In a sombre televised statement on Tuesday, U.S. President George W. Bush urged Congress to act to prevent “painful and lasting” damage to the economy following a failure to pass a $700-billion rescue package for the country’s ailing financial sector.
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