CNN news 2008-09-26 加文本
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Hello, I'm Naamua Delaney at the
Lawmakers say they're close to a deal on the 700-billion-dollar package to rescue the troubled financial system. A bipartisan group has been meeting today to hash out differences. Democratic Senator Chuck Schumer, chairman of the joint economic committee, says he hopes to reach a deal by this afternoon. Among the details being hammered out, how much the plan will cost? The most common amount being talked about is 700-billion dollars; another key point in the negotiations is whether the government will actually become a shareholder in troubled companies. One part of the plan that seems certain to become a law will be a provision to limit executive pay and bonuses at companies that sell assets to the Treasury.
It's just a day away from the first high-stakes presidential debate. And it's not clear if both participants will be there. Republican Senator John McCain wants the
The sale of new homes has hit a 17-year low. The Census Bureau reports that new home sales plunged more than 11 percent in August and prices posted their biggest drop on record. Prices for new homes on the market were at their lowest level since Sep. 2004. The report is just the latest sign of trouble in the overall housing market.
Coastal
It has been a wild gas chase for a lot of people in
I got a hug from the attendant this morning, she came out and gave me a big hug. "Oh I feel happy to see you", that's the first in eight years. Experts say it could be a week or more before things get back to normal.
Well those are the headlines this hour, do stay with cnn for more on these stories and the other news of the day.