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FRONT PAGE BUSINESS STORIES
Bush says rebates going out Monday will boost economy
WASHINGTON (AP) -- President Bush said tax rebates will start going out Monday, earlier than previously announced, and should help Americans cope with rising gasoline and food prices, as well as aid a slumping economy. Crude oil at new high just above $114; gas also at a record Oil Prices NEW YORK (AP) -- Energy traders rewrote the record books again Tuesday, pushing oil futures past $114 a barrel as gasoline and diesel prices struck new highs of their own at the pump. McCain Seeks Aid for Some Homeowners NEW YORK - Republican Sen. John McCain called for federal aid for well-meaning homeowners who can't pay their mortgages, an attempt to fend off criticism that he has been indifferent to the housing crisis and the market upheaval it has spawned. Uncertain Economy Awaits Next President WASHINGTON - Hillary Rodham Clinton, Barack Obama and John McCain have diagnosed the swooning U.S. economy and have come up with rival plans to revive it. If the downturn lasts as long as some economists predict, one of the three will get a chance to try to sell his or her proposal to Congress as president. Administration Pushes Regulatory Chnages WASHINGTON - The Bush administration is trying to confront the credit crisis that has rattled nerves from Wall Street to Main Street by proposing wholesale changes in how Washington oversees the financial system. » More Front Page Business Stories... |
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