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 |  | | | | |  | | | | October 14, 2008 08:16 PM ET
 | NEW YORK (Reuters) - The United States ushered in a new era in banking on Tuesday with plans to take equity stakes totaling up to $250 billion in financial institutions, an incursion into the private sector that U.S. officials called a regrettable last resort.
| | | October 14, 2008 07:39 PM ET
 | BLUE BELL, Pennsylvania (Reuters) - Trying to revive his faltering campaign, Republican presidential nominee John McCain offered proposals on Tuesday to help investors rebound from the stock market crash as he warmed up for his final debate with Democrat Barack Obama.
| | | October 14, 2008 06:50 PM ET
 | WASHINGTON (Reuters) - The U.S. budget deficit hit a record $455 billion in fiscal 2008 as a slowing economy sapped revenues while spending on wars, bank failures and unemployment-related benefits soared, the Treasury Department said on Tuesday.
| | | October 14, 2008 10:06 PM ET
 | OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper, the first Western leader to contest an election since the financial meltdown, won a second minority government mandate on Tuesday, television networks projected.
| | | October 14, 2008 06:30 PM ET
 | LOS ANGELES (Reuters) - Firefighters made gains on Tuesday against two deadly brush fires threatening homes on the fringes of Los Angeles for a third day, as dry, desert-borne winds that had been stoking the flames diminished.
| | | October 14, 2008 09:09 PM ET
| WASHINGTON (Reuters) - Tropical Storm Omar was likely to reach hurricane strength in the Caribbean Sea as early as Tuesday night, the U.S. National Hurricane Center said.
| | | October 14, 2008 06:33 PM ET
| CHICAGO (Reuters) - U.S. economist Milton Friedman, the champion of unfettered markets, is under siege for theories that some blame for unleashing the global financial crisis.
| | | October 14, 2008 05:17 PM ET
 | NEW YORK (Reuters) - Stocks fell on Tuesday as fears that the global economy may not avert recession slammed shares of technology and consumer companies, eclipsing a government rescue plan for banks.
| | | October 14, 2008 03:18 PM ET
 | VIENNA (Reuters) - Monitors re-sealed equipment and reactivated cameras at North Korea's nuclear complex on Tuesday, diplomats close to the U.N. atomic watchdog said, after a deal to re-launch a faltering disarmament process.
| | | October 14, 2008 07:08 PM ET
 | NEW YORK (Reuters) - New York City's economy could lose 165,000 jobs in the next 24 months, almost double the estimate made in July, city Comptroller William Thompson said on Tuesday.
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McCain offers his own economic plan
U.S. to take $250 billion bank stakes, markets slip
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