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Tentative meltdown deal: Bush, McCain, Obama meet

Posted: 09/25/2008 - A White House meeting is under way between President Bush, John McCain, Barack Obama and other key lawmakers on a multibillion-dollar bailout plan for Wall Street.

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Bailout money would be phased in

Posted: 09/25/2008 - Congressional aides say a tentative agreement on a financial industry bailout gives the Bush administration just a fraction of the $700 billion it's requested up front, with half the money subject to a congressional veto.

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New home sales plummet in August, prices tumble

Posted: 09/25/2008 - Government data show sales of new homes dropped sharply in August, falling to the slowest pace in 17 years. The average sales price fell by the largest amount on record, too.

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School board member's email hacked

Updated: 09/25/2008 - A Knox County School Board member learned on Wednesday that someone had hacked into her personal email account and sent out hundreds of emails claiming to be her.

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East Tennessee seniors struggle to find jobs

Updated: 09/25/2008 - As the president was preparing to address the nation’s economic difficulties on Wednesday evening, several senior citizens living in East Tennessee were worried about finding jobs.

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Bush: Delay On Bailout Courts Disaster

Updated: 09/25/2008 - Speaking in dire terms, President Bush on Wednesday warned Americans and lawmakers reluctant to pass a historic financial rescue plan that failing to act fast risks wiping out retirement savings, increasing foreclosure rates, job losses, closed businesses and "a long and painful recession."

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