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  • Auto Sales Plunge As Credit Crisis Worsens
    Consumers worries over the U.S. economy have taken a big toll on auto sales. Ford, Chrysler and Toyota all reported sales off by more than 30 percent last month. General Motors posted a 16 percent decline. Dustin Dwyer reports for Michigan Radio.
  • Credit Crunch Pushes Car Dealers Over The Edge
    In suburban Atlanta, some car dealers are seeing major drops in the purchase of new and used cars. They say the sales decreases are tied to a broader, national credit crunch and uncertainty about the economy. Some dealerships already have filed for bankruptcy.
  • Rep. Barney Frank Urges House To Pass Bailout
    The House is expected to vote tomorrow on a revised version of the Wall Street bailout bill. Congressman Barney Frank, who heads the House Financial Services Committee, says what may help the bill pass this time, is an increase in the deposit insurance cap. Small banks fear customers will pull their money and put it into larger institutions.
  • Palin, Biden Prepare To Face Off In St. Louis
    The vice presidential candidates are intensely preparing to debate each other Thursday night. Republican Sarah Palin has been practicing at John McCain's retreat in Arizona. Democrat Joe Biden is prepping near his home in Delaware.
  • Search Resumes For Billionaire Steve Fossett
    Authorities in northern California say they've spotted what could be the wreckage of Steve Fossett's plane. He was a wealthy adventurer who vanished last year during a solo flight over the Sierra Nevada. Earlier this week, a hiker found some items appearing to belong to Fossett.
  • House Gets Another Turn At Passing Bailout Bill
    The Senate passed the Wall Street rescue plan Wednesday by a significant margin. Presidential hopefuls Barack Obama and John McCain were among the 74 senators who approved the bailout. The legislation moves to the House, where party leaders are more confident it will pass this time due to tax breaks added to the $700 billion plan.
  • Businesses Operate In Tightened Credit Market
    In recent days, businesses, large and small, have been scrambling to convince lawmakers that the troubles on Wall Street are hitting Main Street. Companies need more cash but it is getting harder to borrow. Family businesses and CEO's of the nation's largest companies say the credit crisis is spreading.
  • Unemployed Women Wait For Phone To Ring
    With the economy heading down, unemployment is heading up. Three unemployed women from Nashville, Tenn., talk with Renee Montagne about the challenges finding a new job. The group includes a former bank employee looking for a job for almost a year, an assembly line worker at a car parts plant that moved to Mexico and a former manager of a bank in Japan who has had trouble finding a job since returning to America.
  • FDIC Considers Insuring Larger Bank Accounts
    The FDIC, which insures deposits to prevent runs on banks, doesn't get much attention outside of times like these. But amid heightened distrust of banks, Congress and the FDIC are considering increasing the size of the accounts the agency can insure by more than double.
  • Senate Passes $700 Billion Rescue Package
    The Senate passed a $700 billion financial industry bailout Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republican opposition softened.
  • Senate Takes Up Bailout Bill
    The Senate is taking up the $700 billion plan to rescue Wall Street. The House rejected a similar measure on Monday. As the Senate weighs the bailout, <em>All Things Considered</em> presents some of the sounds and voices of the Senate.
  • Rep. Blunt: Bailout Plan Tweaks Will Help Passage
    The House is expected to vote again on the $700 billion bailout bill by Friday. House Minority Whip Roy Blunt of Missouri, who is representing House Republicans in the negotiation, says three things have happened that could now sway GOP lawmakers who earlier rejected the measure.
  • New Poll Looks At Election, Palin, Bailout
    A new poll out from the Pew Research Center examines the presidential race, opinion on Republican vice presidential candidate Sarah Palin and the bailout package. Andy Kohut of Pew Research Center says the public is divided on the bailout plan, Obama is leading in the polls and Sarah Palin's numbers are down.
  • In Mo., McCain Says Bill Failure Would Hurt Economy
    Sen. John McCain has said that though the $700 billion bailout plan isn't perfect, failure to pass it will result in the economy's grinding to a halt. The comments were made in Independence, Mo., where McCain was campaigning ahead of the Senate vote on the plan.
  • Federal Program To Help Homeowners Takes Effect
    Struggling homeowners can now get help under the Hope for Homeowners program. Borrowers having trouble making their payments can trade in a "bad" loan for one insured by the Federal Housing Administration at a presumably lower &mdash; and fixed &mdash; rate. That is, if they qualify for the program.