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Thursday, March 1, 2007

MoneyWatch

Alexis Christoforous reports that Wall Street appears to have rebounded; Ben Bernanke says he expects the economy to pick up; and investors will be watching consumer spending and personal income.

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McCain Talks 2008 On Letterman

The presidential field just widened by one after Sen. John McCain, R-Ariz., used late night television to unofficially announce his run for the White House in 2008. Meg Oliver reports.

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Markets Still Shaky Worldwide

There is encouraging news from Wall Street, but as Susan McGinnis reports, the bounce back may be short-lived. Markets around the world remain lower after massive selloffs.

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Boondoggle Bucks For Security

A new report shows a lot of Homeland Security money isn't being spent where it's needed most. Armen Keteyian talks with two critics who want to change that.

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The GOP's Top Three

Bob Schieffer analyzes the status of three Republican frontrunners in the race for president. Sen. John McCain, R-Ariz., unofficially announced his bid last night on "Late Show With David Letterman."

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Walter Reed Head Fired

The general in charge of Walter Reed Army Medical Center was fired at the urging of Defense Secretary Robert Gates after a series of newspaper articles exposed shoddy conditions. David Martin reports.

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Security Crackdown In Iraq

Raids conducted in Iraq nabbed dozens of terrorists as Senate Democrats debated slashing billions of dollars from President Bush's budget request for the wars. Aleen Sirgany reports.

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Chertoff On Federal ID Costs

CBS News RAW: In a news conference, Homeland Security Secretary Michael Chertoff spoke about the cost of the proposed changes on driver's license standards.

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Bush Bounces Flat Basketball

CBS News RAW: President Bush tried to bounce a flat basketball while taking a picture with Shaquille O'Neal and other members of NBA champions, the Miami Heat.

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McCain Declares He'll Run

CBS News RAW: During a taping of ?Late Show With David Letterman,? Sen. John McCain, R-Ariz., confirmed that yes, he is running for president.

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U.S. Eyes Talks On Iraq

As sectarian violence in Iraq continues, the Bush administration announced plans to strengthen diplomatic ties with neighboring Iran and Syria. Tracie Strahan reports.

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