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McCain, advisers split over attacking Obama-Wright ties

Politico - Wed Oct 15, 9:29 AM ET

John McCain is at odds with many of his top advisers over launching a renewed attack on Barack Obama's ties to his long-time pastor and mentor, the Rev. Jeremiah Wright, according to campaign sources.

Traders work on the floor of the New York Stock Exchange, October 15, 2008. U.S. stocks slid at the open on Wednesday as investors worried that efforts to ease the credit crisis would not avert a recession, overshadowing solid profits from Coca-Cola Co , a bellwether for consumer spending.     REUTERS/Brendan McDermid (UNITED STATES)

Stocks plunge anew as retail sales show steep drop

AP - 3 minutes ago

NEW YORK - Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced Wall Street that a recession, if not already here, is inevitable. The Dow Jones industrials dropped as much as 572 points, more than half their huge 936-point advance from Monday, and all the major indexes fell at least 5 percent.

The US Federal Reserve in Washington, DC. The United States has slipped into recession, the head of the San Francisco branch of the central bank has said.(AFP/File/Karen Bleier)

Fed: Economy sinks deeper into rut

AP - 55 minutes ago

WASHINGTON - The country has sunk deeper into an economic rut, the Federal Reserve reported Wednesday, reflecting mounting damage from the financial and credit crises.

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