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The Indiana Daily Student

Bailout proposal passes Senate, House foes soften

Wednesday, Oct. 1,2008 11:35 p.m.

WASHINGTON – After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided passage in the Senate and gaining ground in the House, where Republican opposition softened. Senators loaded the economic rescue bill with tax breaks and other sweeteners before passing it by a wide margin, 74-25, a month before the presidential and congressional elections.

The Indiana Daily Student

6th-grade teacher elopes with student, sentenced

Wednesday, Oct. 1,2008 11:14 p.m.

A former math teacher sentenced to federal prison for a sex crime with a minor says the age of the 13-year-old schoolboy she fled with to Mexico didn’t matter to her.

The Indiana Daily Student

Pakistan names new intelligence service head

Wednesday, Oct. 1,2008 12:10 a.m.

Pakistan named a new head of its main intelligence service, a change sure to be scrutinized by American officials who have questioned the powerful spy agency’s loyalties in the war on terror.

The Indiana Daily Student

Dow sets record with 777-point plunge

By Julie Hirschfield Davis · Tuesday, Sept. 30,2008 12:18 a.m.

WASHINGTON – In a vote that shook the government, Wall Street and markets around the world, the House defeated a $700 billion emergency rescue for the nation’s financial system Monday, leaving both parties’ lawmakers and the Bush administration scrambling to pick up the pieces. The bill went down 228-205.

The Indiana Daily Student

McCain: Obama policies will deepen recession

Monday, Sept. 29,2008 10:33 p.m.

Lagging in the polls, Republican presidential candidate John McCain unleashed a blistering attack Monday on his Democratic rival, saying the race comes down to a simple question: “Country first or Obama first?”

A trader takes a break as the Dow Jones Industrial Average plummets Monday in front of the New York Stock Exchange in New York. Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed to survive a vote in the House.

House defeats $700B financial markets bailout

Monday, Sept. 29,2008 2:29 p.m.

WASHINGTON – The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.

The Indiana Daily Student

Medevac helicopter crash kills 4 in Md.

Sunday, Sept. 28,2008 9:16 p.m.

A medevac helicopter taking accident victims to a trauma center crashed in suburban Washington early Sunday, killing four of the five people aboard, authorities said.

The Indiana Daily Student

Up to 7 stabbed in NYC nightclub fight

Sunday, Sept. 28,2008 9:16 p.m.

Police say as many as seven men were stabbed during a quarrel at a nightclub in New York City. Two are in critical condition.

Chinese astronauts Zhai Zhigang, left waves near Liu Boming, center as Jing Haipeng is assisted out of the Shenzhou re-entry capsule after they landed on Sunday on the plains of China's northwestern Inner Mongolia Autonomous Region. Zhai conducted the country's first-ever spacewalk during the mission.

China’s 1st spacewalk team returns to Earth

Sunday, Sept. 28,2008 9:14 p.m.

Three Chinese astronauts emerged from their capsule Sunday after a milestone mission to carry out the country’s first spacewalk, showing off China’s technological know-how and cementing its status as a space power and future competitor to the United States.

The Indiana Daily Student

McCain to participate in debate

Friday, Sept. 26,2008 12:14 p.m.

WASHINGTON – Republican John McCain agreed to attend the first presidential debate Friday night even though Congress doesn’t have a bailout deal, reversing an earlier decision to delay the event until Washington had taken action to address the crisis.

The Indiana Daily Student

Pakistan chief: Citizens must support terror war

Thursday, Sept. 25,2008 9:25 p.m.

Pakistan’s new president said he was trying to convince his country to support the war against Islamic extremists, after a group that claimed responsibility for the Marriott Hotel bombing threatened more attacks.

The Indiana Daily Student

Economy shows 7-year high unemployment claim rates

Thursday, Sept. 25,2008 9:23 p.m.

New claims for unemployment benefits jumped last week to their highest level in seven years due to the impact of a slowing economy and Hurricanes Ike and Gustav, the Labor Department reported Thursday.

Republican presidential candidate Sen. John McCain, R-Ariz., leaves the podium after delivering a statement to the traveling press corps on Wednesday in New York that he is directing his staff to work with Barack Obama's campaign and the debate commission to delay Friday's debate because of the economic crisis.

Obama rebuffs McCain’s call to delay Friday’s debate

Thursday, Sept. 25,2008 12:22 a.m.

NEW YORK – The economic crisis and raw politics threatened to derail the first presidential debate as Sen. John McCain challenged Sen. Barack Obama to delay the Friday forum and join forces to help Washington fix the financial mess.

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