An American cattleman. President Barack Obama visited Cairo and addressed the Muslim world in a 55-minute speech that the White House arranged to be televised, text-messaged in four languages, and…
The world economy continued its collapse. The Dow Jones Industrial Average declined 22 percent over eight days, Wall Street lost $2.4 trillion in market value, and Iceland went bankrupt.CNNBusiness WeekThe…
An American cattleman. The U.S. Senate and House of Representatives passed the Emergency Economic Stabilization Act of 2008. The legislation, which originated as a three-page proposal by Treasury Secretary Henry…
Stocks on Wall Street and other exchanges throughout the world dropped as brokerage Merrill Lynch was bought by Bank of America, insurance giant AIG sought tens of billions of dollars…
The Treasury Department seized control of mortgage and loan giants Fannie Mae and Freddie Mac, firing the companies’ chief executives and promising to provide as much as $200 billion to…
One million people fled New Orleans to avoid Hurricane Gustav, which landed in Louisiana as a weakened category-2 hurricane and caused relatively little damage. Mississippi officials ordered people still living…
After more than a week of fighting and one failed cease-fire, Russia and Georgia signed a revised cease-fire agreement, but Russian troops remained within 25 miles of the Georgian capital,…
Claiming that South Ossetian separatists had attacked its villages, U.S. ally Georgia sent troops to capture the city of Tskhinvali. Russia retaliated by sending ground troops into Tskhinvali, then into…
Colombian military commandos infiltrated a settlement operated by the guerilla group FARC and freed 15 hostages, among them three U.S. contractors and the Colombian-French politician Ingrid Betancourt. President George W.…
An American cattleman. As the war in Iraq stretched beyond its fifth year the U.S. death toll rose to 4,000, and a national conference intended to reconcile sectarian groups was…