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In new era, U.S. may buy $250 billion in bank stakes
NEW YORK (Reuters) - The United States ushered in a new era in banking on Tuesday with plans to take equity stakes worth up to $250 billion in financial institutions, an incursion into the private sector that U.S. officials called a regrettable last resort.

Obama opens
WASHINGTON (Reuters) - Democrat Barack Obama has opened a 6-point lead over Republican John McCain one day before the White House rivals meet in their final debate, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.

Market loses ground on profit fears
NEW YORK (Reuters) - Stocks fell on Tuesday as investors sold technology shares on fears that fallout from the credit turmoil would hurt profits despite the U.S. government's plan to invest in banks to shore up the financial system.


 

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I live across the river from New York City and on the days I make my way over there, the one thing you immediately notice are the smells of the street. No... not that smell. I'm talking about food. You'll find all sorts of vendors selling food on the streets. But you won't
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