U.S. Top News Late Edition: Global recession fears intensify, markets dive

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Good evening Srini, FRI 24 Oct 2008  today's headlines Global recession fears intensify, markets dive Obama holds 9-point lead over McCain: ABC/Post poll Wall Street drops on worries about deep slowdown McCain looking for traction in campaign Wall St demo gets little traction despite Dow drop Home sales see biggest gain since July 2003 Air Force plans nuclear command after blunders Russia says U.S. sanctions will hit ties Both sides gird for legal challenges in election Crisis hammers stocks, roils currencies   today's videos Doctor in Germany HIV scandal Lessons from 1929 stock crash US, Iraq spar over troop pact more details Global recession fears intensify, markets dive October 24, 2008 06:31 PM ET WASHINGTON (Reuters) - Poor economic data around the world and another international barrage of corporate profit warnings and job cut announcements intensified fears of deep global recession on Friday. Full Article Obama holds 9-point lead over McCain: ABC/Post poll October 24, 2008 10:28 PM ET WASHINGTON (Reuters) - Democrat Barack Obama holds a 9-point lead over Republican John McCain less than two weeks before the U.S. presidential election on November 4, an ABC News/Washington Post daily tracking poll showed on Friday. Full Article Wall Street drops on worries about deep slowdown October 24, 2008 09:49 PM ET NEW YORK (Reuters) - Stocks dropped on Friday in a worldwide sell-off with investors cashing out of stocks as signs mounted that the global economic slowdown could be deeper than feared and the corporate profit outlook darkened. Full Article McCain looking for traction in campaign October 24, 2008 09:15 PM ET DURANGO, Colo. (Reuters) - Republican John McCain, fighting for traction 11 days before the U.S. presidential election, said on Friday he has a tough battle against Democrat Barack Obama in Colorado but vowed to make a comeback. Full Article Wall St demo gets little traction despite Dow drop October 24, 2008 09:50 PM ET NEW YORK (Reuters) - Many Americans may be deeply upset over the financial crisis, worrying about their personal losses and the cost of government bailouts, but they appear a long way away from taking to the streets in anger. Full Article Home sales see biggest gain since July 2003 October 24, 2008 01:09 PM ET WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose 5.5 percent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a hopeful sign for a housing market mired in a long slump. Full Article Air Force plans nuclear command after blunders October 24, 2008 05:19 PM ET WASHINGTON (Reuters) - The U.S. Air Force said on Friday it would create a separate command for nuclear missiles and bombers after blunders undermined confidence in its nuclear mission and led to the dismissal of top officials. Full Article Russia says U.S. sanctions will hit ties October 24, 2008 02:27 PM ET MOSCOW (Reuters) - Russia accused Washington on Friday of breaking international law and weakening cooperation on Iran's nuclear program after it imposed sanctions on companies accused of passing sensitive technology to Tehran. Full Article Both sides gird for legal challenges in election October 24, 2008 06:53 PM ET CINCINNATI (Reuters) - Americans used to wait for problems on election day before crying vote fraud, but both sides have already launched charges of disenfranchisement and cheating ahead of the November 4 U.S. presidential election. Full Article Crisis hammers stocks, roils currencies October 24, 2008 04:12 PM ET NEW YORK (Reuters) - Stock markets tumbled around the world on Friday as investors fearing a long and deep worldwide recession dumped risky assets far and wide, sending currencies into a tailspin and oil down sharply. Full Article     REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Subscribe to other Reuters newsletters Unsubscribe from this newsletter. Forward this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers