To the Point
It's 'the Economy, Stupid'...All Over Again
After yesterday's big sell-off, Wall Street was waiting for today's market reports. Could America's biggest insurer survive a ratings cut? Would the Federal Reserve lower interest rates? We get an update on today's developments, what they could mean for ordinary Americans and what changes McCain and Obama might have in mind. Also, the chair of the US Joint Chiefs of Staff is in Pakistan to talk about an inflammatory border dispute.
By Warren Olney • • 1h 0m ListenAfter yesterday's big sell-off, Wall Street was waiting for today's market reports. Could America's biggest insurer survive a ratings cut? Would the Federal Reserve lower interest rates? We get an update on today’s developments on Wall Street and at the Federal Reserve and what they could mean for ordinary Americans, and hear more about what kinds of changes McCain and Obama might have in mind. Also, Pakistan’s military has been ordered to fire if US troops cross the border. Has it already happened?
Photo: Stan Honda/AFP/Getty Images
