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Dow jumps 600 as US government pledges bank aid

AP - 7 minutes ago

NEW YORK - The Dow Jones industrial average rebounded as much as 600 points today as Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks. All the major indexes rose about 7 percent.

Supporters of Democratic presidential candidate Barack Obama hold up signs during a rally in Phoenix, Arizona, January 30, 2008. (Jason Reed/Reuters)

Obama calls for 90-day moratorium on foreclosures

AP - 10 minutes ago

TOLEDO, Ohio - Democratic Barack Obama on Monday called for more immediate steps to heal the nation's ailing economy, proposing a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.

Barack Obama and John McCain(R) at their second presidential debate on October 7 in Nashville, Tennessee. Democrat Barack Obama, propelled forward by mounting economic concerns among Americans, now leads his Republican rival John McCain 53 percent to 43 percent, a new opinion poll showed Monday.(AFP/File/Paul J. Richards)

Independents split evenly between Obama and McCain

AP - Mon Oct 13, 4:46 AM ET

WASHINGTON - Jack Marshall says he's voting for Barack Obama this year. That's ominous news for John McCain.

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