To the Point
Presidential Politics: Eight Weeks from the Starting Line
Last night's Democratic presidential debate was the liveliest yet. Also, verdicts in the 2004 Madrid subway bombing, and the Federal Reserve on interest rates.
By Warren Olney • • 1h 0m ListenLast night's Democratic presidential debate was the liveliest yet. Was Hillary Clinton damaged? Is Mike Huckabee making strides on the Republican side? Is either party telling angry voters what they want to hear? Also, verdicts in the 2004 Madrid subway bombing, and what the Federal Reserve did today about interest rates.
Photo: Stan Honda/AFP/Getty Images
In this episode
3 storiesSuspects in Madrid Subway Bombing Sentenced
Three years ago, four terrorist bombs killed 191 people on the Madrid subway. Today, after four and a half months of testimony from 300 witnesses, three lead defendants and 18 lesser ones were convicted. But seven were acquitted, including all three of those accused of organizing the attacks.
Read the story6 minPresidential Race Livens Up on Both Sides
Enshrined as the Democratic front-runner by the media and by Republicans Hillary Clinton was on the defensive in last night's debate . John Edwards accused her of double-talk and representing the status quo. Barack Obama called her secretive—like George Bush. Will the predicted confrontations make a difference?
Read the story37 minThe Fed Lowers Interest Rates
Despite strains in the housing and credit markets, the economy picked up speed this summer, growing at 3.9%, the fastest rate in one and a half years. Nonetheless, the Federal Reserve was widely expected to lower interest rates at today's meeting and it did— by.25% to 4.5% . We find out why from Peter Coy, economics editor at BusinessWeek .
Read the story7 min
