A Christian martyr. The Dow Jones Industrial Average fell 777 points in one day after the House of Representatives failed to pass a Wall Street bailout plan, first put forth…
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…
Caught in the Web, 1860. Senator “Uncle” Ted Stevens, the longest-serving Republican in the Senate and “Alaskan of the Century,” was indicted for seven felonies related to unreported gifts worth…
Barack Obama began his week-long foreign tour in Afghanistan, where he met with President Hamid Karzai, and continued on to Iraq. There, he flew in a helicopter to the Green…
The U.S. Office of Thrift Supervision seized the IndyMac Bank of California, worth an estimated 32 billion dollars, after the bank’s closure in the wake of mortgage industry collapse,AFPand the…
The Supreme Court ruled 5â??4 that detainees held as “enemy combatants” by the United States in Guantanamo Bay,Cuba, have a constitutional right to challenge their detention through habeas corpus petitions…
President George W. Bush gave a radio address for Memorial Day weekend, invoking the sacrifice of 4,071 U.S. soldiers in Iraq and 432 in Afghanistan. Later, for the last time…
A 7.9-magnitude earthquake centered in Sichuan Province, China, left 50,000 dead and 5,000,000 homeless. Outside Beichuan Middle School, where 1,000 students and teachers died, parents waited for the bodies of…
Caught in the Web, 1860. The military junta in Myanmar put the official death toll from last week’s Cyclone Nargis (Urdu for “daffodil”) at 28,458, while foreign observers, taking into…
Cyclone Nargis tore off roofs, shredded trees, overturned cars, and killed more than 10,000 people in Myanmar.Local 6Tens of thousands of Somalis rioted in Mogadishu over the high cost of…