U.S. Top News Late Edition: Consumers slash spending, world markets stabilize

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Reuters

Good evening Srini, FRI 31 Oct 2008 

today's headlines

Consumers slash spending, world markets stabilize
McCain, Obama battle into last weekend
October auto sales may have hit two-decade low
U.S. border police arrest Mexican troops
U.S., North Korea officials to meet in New York next week
Gates skeptical NATO will boost Afghan force
Verdict reached but not read at Guantanamo
Iraq says to show U.S. troops pact to neighbors
Al Qaeda militant said killed in U.S. Pakistan strike
Phillies parade through success-starved city
 

today's videos

more details

Consumers slash spending, world markets stabilize
October 31, 2008 07:59 PM ET
NEW YORK (Reuters) - Americans slashed spending and the country's business outlook weakened but there were signs of stabilization in global markets on Friday, with interbank rates falling and U.S. stocks posting their best week in 34 years.



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McCain, Obama battle into last weekend
October 31, 2008 10:02 PM ET
COLUMBUS, Ohio (Reuters) - Republican presidential nominee John McCain on Friday seized on California Gov. Arnold Schwarzenegger's star power in Ohio, a state critical to his hopes of clawing back Democrat Barack Obama's lead going into Tuesday's election.



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October auto sales may have hit two-decade low
October 31, 2008 07:22 PM ET
DETROIT (Reuters) - U.S. auto sales are expected to plunge to the lowest levels of the year in October and possibly the slowest running rate in two decades, with no certainty of when consumer confidence will return.



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U.S. border police arrest Mexican troops
October 31, 2008 08:42 PM ET
PHOENIX (Reuters) - U.S. border police arrested seven Mexican soldiers after they accidentally strayed over the international boundary into Arizona, authorities said.



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U.S., North Korea officials to meet in New York next week
October 31, 2008 06:15 PM ET
WASHINGTON (Reuters) - Senior U.S. and North Korean diplomats will meet in New York next week, the State Department said on Friday, as the Bush administration seeks to advance an arms-for-disarmament deal with the poor, isolated state.



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Gates skeptical NATO will boost Afghan force
October 31, 2008 08:11 PM ET
WASHINGTON (Reuters) - Defense Secretary Robert Gates said on Friday he did not expect America's NATO allies to provide many more troops for the war in Afghanistan.



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Verdict reached but not read at Guantanamo
October 31, 2008 06:57 PM ET
GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - U.S. military jurors reached a verdict on Friday in the Guantanamo trial of Osama bin Laden's accused media chief, who is accused of inciting murder and inspiring September 11 hijackers.



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Iraq says to show U.S. troops pact to neighbors
October 31, 2008 08:43 PM ET
BAGHDAD (Reuters) - Iraq will send delegations to neighboring countries to explain a pact with the United States allowing U.S. troops to remain on its territory for three years, Prime Minister Nuri al-Maliki's office said on Friday.



Full Article
Al Qaeda militant said killed in U.S. Pakistan strike
October 31, 2008 05:24 PM ET
MIRANSHAH, Pakistan (Reuters) - U.S. missile strikes in northwest Pakistan killed up to 20 people on Friday, including a mid-level al Qaeda leader said to be an Iraqi, Pakistani officials said.



Full Article
Phillies parade through success-starved city
October 31, 2008 05:56 PM ET
PHILADELPHIA (Reuters) - Success-starved Philadelphia celebrated its first professional sports championship in a quarter-century on Friday, showering the Phillies World Series baseball champs with confetti, brotherly love and screaming cheers.



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