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Palin E-Mail Hacker Indicted

FOXNews Lead Headline | Wed Oct 08, 2008 10:00 EST
URGENT: 20-year-old Tennessee man indicted by grand jury for breaking into GOP veep pick's Yahoo e-mail account

CNN Lead Headline | Wed Oct 08, 2008 09:50 EST
The Dow dropped more than 200 points in the first minute of trading, then recovered. The markets struggled for direction after the Federal Reserve announced an emergency interest rate cut before the markets opened. The Fed teamed up with five other central banks around the world to cut rates in an effort to stem the fallout from the spreading financial crisis. developing story

Russia Pulls Out From Georgia Buffer Zones

Deutsche Welle | Wed Oct 08, 2008 09:40 EST
Russia has withdrawn troops from all checkpoints inside Georgia around the breakaway regions of South Ossetia and Abkhazia, Georgian and Russian officials said Wednesday.

British government throws $100B lifeline to UK banking system

CBC Lead Headline (World) | Wed Oct 08, 2008 09:40 EST
The British government revealed plans on Wednesday to invest 50 billion pounds ($97 billion Cdn) in a rescue package that would partially nationalize its major banks. more

Australians killed in Nepal plane crash named

ABC Australia - World Lead | Wed Oct 08, 2008 09:40 EST
Two Australians killed in a plane crash in the north-east of Nepal have been named. More

Wall Street sweet, then sour on cut

CNN Lead Headline | Wed Oct 08, 2008 09:30 EST
U.S. stock futures are down in trading after the initial enthusiasm following the Federal Reserve's announcement of an emergency rate cut wore off. The Fed teamed up with five other central banks around the world to cut rates in an effort to stem the fallout from the spreading financial crisis. Futures spiked immediately following the announcement, then lost steam. developing story

British government throws $100M lifeline to UK banking system

CBC Lead Headline (World) | Wed Oct 08, 2008 09:30 EST
The British government revealed plans on Wednesday to invest 50 billion pounds ($97 billion Cdn) in a rescue package that would partially nationalize its major banks. more

China milk victims may have doubled to over 90,000

CBC Lead Headline (World) | Wed Oct 08, 2008 09:30 EST
The toll of Chinese children ill from toxic milk formula may have nearly doubled since the Health Ministry's last public count, local media reports show, but an official said on Wednesday the number of new cases was falling. more

IOC to retest Beijing doping samples

CBC Lead Headline (World) | Wed Oct 08, 2008 08:40 EST
The International Olympic Committee will retest all doping samples from the Beijing Games to check for traces of a new blood-boosting drug. more

IOC to retest all Beijing doping samples

CBC Lead Headline (World) | Wed Oct 08, 2008 08:30 EST
The International Olympic Committee will retest all doping samples from the Beijing Games to check for traces of a new blood-boosting drug. more

Coordinated Rate Cut: World Works Together to Shore Up Shaky Markets

ABC News (US)/International | Wed Oct 08, 2008 08:30 EST

Germany alleges Canadian-Iranian sold equipment to Iran

CBC Lead Headline (World) | Wed Oct 08, 2008 08:30 EST
Authorities in Germany have arrested a Canadian-Iranian citizen accused of breaking a trade embargo with Iran. more

Russian forces to finish Georgia pullout by Wednesday: Medvedev

CBC Lead Headline (World) | Wed Oct 08, 2008 08:30 EST
Russian troops will leave the buffer zones surrounding Georgia's two breakaway regions of Abkhazia and South Ossetia by midnight on Wednesday, said Russian President Dmitry Medvedev. more

Fed Cuts Key Rate

FOXNews Lead Headline | Wed Oct 08, 2008 08:10 EST
Federal Reserve, acting with other global central banking authorities, cuts key U.S. interest rate by half a point• World Markets Plunge

Interest Rates Slashed Worldwide

CBS News | Wed Oct 08, 2008 08:10 EST
Federal Reserve Cuts Key U.S. Rate By Half A Point In Joint Effort With Central Banks

Obama, McCain Clash On Troubled Economy

CBS News | Wed Oct 08, 2008 08:00 EST
Candidates Trade Barbs Over Causes, Cures For Worst Economic Crisis In 80 Years In Town Hall Debate

Fed joins in global emergency rate cut

CNN Lead Headline | Wed Oct 08, 2008 08:00 EST
The Federal Reserve, working with central banks worldwide, today enacted an emergency interest rate cut, CNNMoney reports. The Fed lowered its key funds rate by half of a percentage point to 1.5 percent. The move was made in coordination with other central banks, including the Bank of England and banks in Canada, Sweden, and Switzerland. China also cut its key interest rates. The cuts are the latest attempt by governments to end the global credit crisis. developing story

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