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Monday, October 13, 2008

U.S. Unveils Sweeping Plan to Combat Crisis

WSJ's Damian Paletta parses the latest moves by the Treasury Department, the Fed and the FDIC to help revive the banking sector and fight the global credit crunch. (Oct. 14)

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Abandoned Patients Search for Care

Catering mostly to the poor and elderly, Detroit Riverview was the only hospital open on the downtrodden eastside of the city, but shuttered its doors recently. Now the hospital's former patients search for a new hospital to call their own. This, despite the former owners of the hospital opening a new facility in affluent Novi, Mich. WSJ's Barbara Martinez reports. (Oct. 14)

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China Struggles to Enforce Gun Control

Even as official statistics show overall crime in China declining, a string of splashy gunfights and murders, along with a rash of gun-factory raids and smuggling busts, points to a change in how crime is committed. (Oct. 14)

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It's Not Over- Rally Won't Hold

Don't be fooled by the volatility, according to StockMarket Cycles editor Peter Eliades, who thinks the market will test lows again and is in for a long down cycle. Stacey Delo reports. (Oct. 13)

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Neel Kashkari- The $700 Billion Man

Neel Kashkari, Treasury's point man on the $700 billion plan, said he is confident that the program would help the United States overcome the current economic turmoil. Video courtesy of Reuters. (Oct. 13)

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Santoli on Markets- What We Need to See

Barron's Mike Santoli says that we have possibly seen some kind of enduring bottom that could give way to a lasting rebound in the market. He discusses what the market has to show us first. (Oct. 13)

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Terrorists Will Suffer, Too

Barron's Clare McKeen says that although the world is poorer, it may also be safer. Courtesy Fox News. (Oct. 13)

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Obama Lays Out Economic Proposals

At a rally in Toledo, Ohio, Democratic presidential nominee Sen. Barack Obama proposed four steps to create jobs and to cushion Americans against the effects of the economic downturn. Video courtesy of Reuters. (Oct. 13)

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Does McCain's New Speech Equal New Life?

After a rough couple of weeks, John McCain is trying to regain momentum for his campaign, hoping this new speech will help propel him forward in the polls. Courtesy Fox News. (Oct. 13)

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How to Energize Your Portfolio

Barron's Clare McKeen says master limited partnerships are so far out of favor that some now look alluring. Their charm: Get paid while waiting for the stocks to rise. (Oct. 13)

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Stocks Today- Morgan Stanley Seals Deal

Barron's Bob O'Brien says to give Morgan Stanley Credit because they locked in a $9 billion dollar deal with Mitsubishi ($7.8 billion preferred convertible position and $1.2 billion non-convertible position. (Oct. 13)

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Monitors Readmitted to Nuclear Sites

North Korea restores access to UN inspectors and says it will re-start the dismantling of its plutonium-producing nuclear plant. Courtesy Reuters. (Oct. 13)

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McCain's New Message

McCain's New Message

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Zach Johnson Wins Valero Texas Open

Zach Johnson wins the Valero Texas Open, making it his fourth PGA TOUR win, held in Texas at the LaCutera Golf Club with a two-stroke victory, triumphing over Charlie Wi, Mark Wilson, and Tom Wilkinson. (Oct. 13)

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PM Playback 10/13/08

Hillary on Barack's chances

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Hot Stocks Report- Airlines

The sector rises with the broader market early Monday, but at least one analyst suggests that the sidelines remain the safest place for investors. MarketWatch's Christopher Hinton reports. (Oct. 13)

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Kotecki- 10/13/08

It's Columbus Day, North Korea is off the list, John McCain goes for the you-know-what, and John McCain fails to unveil anticipated economic proposals.

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Kotecki- 10/13/08

It�s Columbus Day, North Korea is off the list, John McCain goes for the you-know-what, and John McCain fails to unveil anticipated economic proposals.

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Kotecki- 10/10/08

The world is ending - the economy is in freefall AND the election might not end dramatically!

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Global Bailouts Boost Stocks

Following the worst week in the history of the Dow Jones Industrial Average, stocks enjoy strong gains as trading resumed on Monday. WSJ's David Gaffen says world-wide efforts to prop up the global banking system helped to boost stocks. (Oct. 13)

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Bush Vows G-7 Nations Will Band Together to Stem Crisis

As the Treasury Department finalized a plan to buy stakes in U.S. banks, President George W. Bush hosted G-7 leaders. The president is vowing to take all of the necessary steps to prevent a complete global economic collapse. Courtesy of Reuters. (Oct. 13)

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Playback 10/14/08

New Negative Ad

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Home Auctions Find Few Buyers

Auctions of foreclosed properties are booming, but there aren't necessarily any takers. House hunters on the lookout for a bargain are finding deals are few and far between. Sushil Cheema reports. (Oct. 13)

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Galveston In Ruin

The once-popular coastal vacation city of Galveston, Texas has been virtually destroyed by Hurricane Ike. KHOU's Len Cannon and meteorologist Dr. Neil Frank take an aerial tour of the devastation.

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Kids On The Economy

How do kids perceive the current economic crisis? Dave Price asks a few elementary students what they think about the bailout, Henry Paulson and the possibility of a recession.

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MoneyWatch

News that the U.S. government is planning to buy ownership in struggling banks caused the Dow to shoot up a record-breaking 936 points. Alexis Christoforous reports on today's top business stories.

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SUV Crashes Into Gas Pump

Caught On Tape: One woman escaped a fiery crash into a gas pump in Agoura Hills, Calif. thanks to the quick thinking of off-duty firefighters nearby. KCAL's Amy Johnson has more.

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HealthWatch

How much Vitamin D should your child take? Dr. Mallika Marshall has the report from the American Academy of Pediatrics.

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L.A. Fires Fueled By Winds

Santa Ana winds are whipping up flames in Los Angeles where crews try to contain two separate fires. One has torched nearly 4,000 acres, closing a major freeway and burning mobile homes. Manuel Gallegus reports.

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How Europeans will implement the new rescue plan

Governments around the globe launched a multi-pronged attack on the finance crisis Monday, with markets enjoying record one-day rises as Europe approved more than a trillion dollars in loans.

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Time To Invest?

Julie Chen spoke with "Motley Fool" senior analyst Tim Hanson about when to take advantage of low stock prices and what to look for when choosing companies.

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Drs. Now Say Double Vitamin D

Updated research suggests children and teens will be stronger against several diseases if they double the current recommended dosage Vitamin D. Dr. Ian Smith explains to Julie Chen.

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Mass Chinese wedding, French romance

Forty young couples from across China recently married in their home country confirmed their union all at the same time in the romantic setting of the French Loire valley.

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Teen pregnancy in the US back on the rise

Pregnancy rates in the US among women under age 20 has risen for the first time in 15 years. At a community center in Washington DC, young women are getting ready for their futures as teen moms.

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AP Race Rundown

Democrat Barack Obama readies new economic proposal while Republican John McCain shifts tactics again as he falls further behind in the presidential race, Matt Friedman reports in the AP Race Rundown. (Oct. 13)

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Dave Price 'Leaf Peeps'

Dave Price reports from Vermont and explains the process that generates Autumn's lovely colors in the northeast.

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Dave Price Blows Glass

Dave Price visits Simon Pearce where beautiful hand blown glass is made. He attempts to create his own work of art while demonstrating the technique of glass blowing.

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Pasta With American Veggies

Chef Lidia Bastianich uses squash, cauliflower and tomato, vegetables Columbus brought to Europe, for an Italo-American celebration meal.

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French 'Spidey' Strikes Again

A shaving company launched a new razor blade by sending French Spiderman Alain Robert to the top of the Phoenicia hotel in Beirut, Lebanon. Robert has climbed more than 85 world famous landmarks.

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Save Our Sinking Banks!

The Treasury Department is set to buy stakes in many U.S. banks in an effort to help thaw out the credit freeze. Thalia Assuras reports.

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The Oldest Voter

At 106, Sister Cecilia Gaudette may be one of, if not the oldest voters in this presidential election. Allen Pizzey reports.

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Luxury Woes

Many high end retailers and top of the line department stores are slashing prices or closing their doors because of the global financial crisis. Sandra Hughes reports.

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Global Financial Rescue

European leaders are banking on a plan to give a boost to struggling financial institutions on a global scale. Elizabeth Palmer reports.

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Making The Rounds

Barack Obama and John McCain are making their final attempts before the next and final debate to attract more voters. Dean Reynolds reports.

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Psychology Of Financial Fears

With fear as the driving force behind the continuing financial crisis, many investors on Wall Street are finding themselves in a crisis of financial faith. Priya David reports.

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Markets bounce as Europe unveils crisis packages

Stock markets, which had largely failed to rally after the US government announced a 700-billion-dollar bank bailout plan last month, rose strongly after European governments launched a multi-pronged attack on the finance crisis.

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Eggs For Sale

The number of egg donations by women have increased due to the current struggling economy. Women get upwards of $7,000 for a single egg and the families that use them, get a special gift.

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FBI Agent Sang To Beat The Mob

Jack Garcia, a former undercover FBI agent, was known as Jack Falcone in the mafia. He tells Harry Smith about his experiences, included in his book, "The Making Of Jack Falcone."

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Growing GOP Concern

Harry Smith spoke with Republican and former President Bush speech writer David Frum about what John McCain needs to do to turn around the election.

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Hillary Clinton On The Trail

Barack Obama remains ahead of McCain while some Republican rallies have taken on an angry tone. And as Jeff Glor reports, the Clintons are stumping for the Democrats and sticking to the issues.

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Changing Minds In Florida

Comedienne Sarah Silverman started "The Great Schlep," a challenge to Jewish Americans to visit their grandparents in Florida and talk with them about voting for Barack Obama.

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Georgians return home after Russians leave

Thousands of Georgians refugees are heading back to their villages in the buffer zone occupied by Russian forces since August. For many this return to normality will be a relief but others face the prospect of rebuilding their looted homes and shattered lives.

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Remembering the other half in the financial crisis

The heads of the World Bank and International Monetary Fund on Sunday assured developing countris that their needs would not be forgotten in efforts to tackle the financial crisis. But many fear funding for development will be drastically cut.

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What The Economy Means To You

Michael Santoli, senior editor at Barron's, explains to Harry Smith what the current market situation means to people and what needs to happen for banks to start lending money.

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Why Do Men Cheat?

Relationship experts M. Gary Neuman and Matt Titus explain to Julie Chen what causes infidelity and what can help men from straying.

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World Markets Make Gains

Global financial markets improved as banks now have money to lend., reports Mark Phillips. Bianca Solorzano reports on what this means for Wall Street.

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Hong Kong shares rebound, but remain volatile

Hong Kong share prices jumped 10.3 percent on Monday, rebounding from their worst weekly decline in a decade after worldwide measures to ease the global financial crisis.

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