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Senator Lindsey Graham speaks at the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (Mike Segar/Reuters)

McCain and Obama clash on economy

1 hour, 3 minutes ago

CEDARBURG, Wisconsin (Reuters) - Presidential rivals John McCain and Barack Obama, back on the campaign trail after their party conventions, clashed over the ailing U.S. economy on Friday as unemployment hit its highest monthly rate in nearly five years.

  • Republican presidential nominee Senator John McCain (R-AZ) acknowledges the audience after accepting the nomination during the fourth and final day of the 2008 Republican National Convention in St. Paul, Minnesota, September 4, 2008. (Brian Snyder/Reuters)
    John McCain speech draws record TV ratings 56 minutes ago

    LOS ANGELES (Reuters) - Republican presidential candidate John McCain beat Democratic rival Barack Obama in the crucial battle to attract U.S. television viewers during their race to the White House, according to figures released on Friday.

  • Shoppers walk along Broadway in New York's Soho shopping district August 13, 2008. (Brendan McDermid/Reuters)
    Voters say economy overshadows political hoopla 1 hour, 27 minutes ago

    CINCINNATI (Reuters) - Trudy Tucker doesn't know if the back-to-back U.S. political conventions addressed the financial worries she has raising four children -- she was too busy to watch.

  • A protester interrupts a speech by Republican presidential nominee Sen. John McCain at the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (Jim Young/Reuters)
    250 protesters arrested before McCain speech Fri Sep 5, 12:45 AM ET

    ST. PAUL (Reuters) - Police arrested 250 anti-war protesters on Thursday shortly before John McCain accepted the Republican presidential nomination at the party's convention a short distance away.

  • Consumer gloom suggests Obama victory: survey Fri Sep 5, 11:34 AM ET

    NEW YORK (Reuters) - Democratic presidential candidate, Sen. Barack Obama, should benefit from consumers' dissatisfaction with the weak national economy, according to Reuters/University of Michigan Surveys of Consumers.

  • Senator John McCain addresses the convention and accepts the Republican presidential nomination during the fourth and final day of the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (John Gress/Reuters)
    McCain pushes for tax cuts to ease economic pain Thu Sep 4, 11:43 PM ET

    ST. PAUL (Reuters) - Sen. John McCain said on Thursday many Americans were struggling to find jobs and pay rising food and fuel bills, and predicted the tax cuts he would support as president would spur economic growth.

  • Rep. Charles Rangel (D-NY) listens during a news conference about ethical questions surrounding his fund raising methods on Capitol Hill in Washington, July 17, 2008. (Jim Young/Reuters)
    Tax chairman Rangel failed to report income Fri Sep 5, 1:22 PM ET

    NEW YORK (Reuters) - House Rep. Charles Rangel, chairman of the tax-writing Ways and Means Committee, failed to report $75,000 of income from a villa he owns in the Dominican Republic, his attorney said on Friday.

  • Russian soldiers help Tariel Basishvili -- who claims to be the last Georgian in South Ossetia -- into the back of a truck in Kurta. Russia won backing over Georgia Friday from six heads of ex-Soviet states and hit out at the United States for sending a navy flagship to a key Georgian port where its troops have been patrolling.(AFP/Viktor Drachev)
    Washington to pull plans for Russian nuclear deal 14 minutes ago

    WASHINGTON (Reuters) - The Bush administration will withdraw a civilian nuclear pact with Russia soon as a penalty for its invasion of Georgia last month, a State Department official said on Friday.

  • U.S. seeks $8 billion from Congress for highway funding 1 hour, 49 minutes ago

    WASHINGTON (Reuters) - The Bush administration on Friday sought $8 billion immediately from Congress to close a fast growing shortfall in tax receipts used to reimburse states for highway construction projects.

  • A general view shows the artificial Mittelplate drilling and production island for oil in the Wattenmeer tidelands off the coast of the German state of Schleswig-Holstein north-west of Cuxhaven July 12, 2007. (Fabrizio Bensch/Reuters)
    Congress faces big push on offshore drilling 2 hours, 10 minutes ago

    WASHINGTON (Reuters) - America's pain at the gasoline pump has been years in the making, but there will be a big push in Congress next week, when lawmakers return from summer break, to fix the problem by expanding offshore oil drilling.

  • Washington lobbyist Jack Abramoff leaves the courthouse in Miami August 18, 2005. (Carlos Barria/Reuters)
    Lobbyist Abramoff gets 4 more years in prison Thu Sep 4, 6:17 PM ET

    WASHINGTON (Reuters) - Disgraced lobbyist Jack Abramoff was sentenced on Thursday to serve four more years in prison in a corruption scandal that rocked Washington's power elite and helped Republicans lose control of Congress.

  • Alaska Governor and Republican vice presidential nominee Sarah Palin speaks to reporters at the Republican Governor's Association gathering at the Museum of Russian Art in Minneapolis, Minnesota, September 4, 2008. (Robert Galbraith/Reuters)
    Alaska gas project hailed by Palin still embryonic Thu Sep 4, 6:57 PM ET

    ANCHORAGE, Alaska (Reuters) - A long-delayed natural gas pipeline championed by Gov. Sarah Palin that would carry supplies from Alaska to Canada and then to the lower 48 states exists in concept only and is years away from fruition.

  • Republican vice presidential nominee Alaska Governor Sarah Palin blows a kiss to her baby during her speech at the 2008 Republican National Convention in St. Paul, Minnesota September 3, 2008. (Mike Segar/Reuters)
    Palin wows Republicans Thu Sep 4, 8:49 AM ET

    ST. PAUL (Reuters) - Sarah Palin broke a five-day silence and talked her way into Republican hearts and minds. The Alaska governor plucked from relative obscurity by John McCain to be his vice presidential running mate for the Nov. 4 election pressed all the right buttons in a much anticipated speech on Wednesday at the party's national convention.

  • Democratic presidential candidate Sen. Barack Obama, D-Ill. greets supporters outside Schott Glass in Duryea, Pa., Friday, Sept. 5, 2008.  (AP Photo/Chris Carlson)
    Obama: Republican attacks "not that big of a deal" Thu Sep 4, 6:12 PM ET

    YORK, Pennsylvania (Reuters) - Democratic presidential nominee Barack Obama on Thursday shrugged off the criticisms from the Republican convention, saying he's been called worse on the basketball court.

  • Republican presidential nominee Sen. John McCain and vice presidential nominee Gov. Sarah Palin wave to supporters at the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (Rick Wilking/Reuters)
    McCain says he wants good relations with Russia Thu Sep 4, 11:41 PM ET

    ST. PAUL (Reuters) - Having harshly criticized Russia for invading Georgia, U.S. Republican presidential candidate John McCain said on Thursday he wanted good relations with Moscow and to avoid a return to the Cold War

  • Senator John McCain (R-AZ) waves with vice presidential running-mate Governor Sarah Palin at the 2008 Republican National Convention in St. Paul, Minnesota September 4, 2008. (John Gress/Reuters)
    McCain pledges to change partisan Washington Fri Sep 5, 4:35 AM ET

    ST. PAUL (Reuters) - Republicans John McCain and Sarah Palin kicked off a two-month battle for the White House on Friday with a promise that "change is coming," a theme co-opted from their Democratic rivals.

  • Democratic presidential nominee Senator Barack Obama (D-IL) speaks to supporters during a campaign stop in New Philadelphia, Ohio, September 3, 2008. (Matt Sullivan/Reuters)
    Obama gets first intelligence briefing Thu Sep 4, 5:03 PM ET

    ORLANDO, Florida (Reuters) - Sen. Barack Obama got his first intelligence briefing as the Democratic U.S. presidential candidate this week and spy agencies are ready to do the same for Republican rival Sen. John McCain, a senior U.S. official said on Thursday.

  • Republican presidential candidate Sen. John McCain waves with his vice presidential running mate Alaska Governor Sarah Palin after her address to the 2008 Republican National Convention in St. Paul, Minnesota September 3, 2008. (Damir Sagolj/Reuters)
    Palin says she, McCain will "shake things up" Thu Sep 4, 7:05 PM ET

    MINNEAPOLIS (Reuters) - In her first public appearance since accepting the Republican Party nomination for vice president, Sarah Palin on Thursday promised that she and running mate John McCain will "shake things up" by controlling government spending.

  • Bush to "sprint to finish" on trade deals: Schwab Thu Sep 4, 2:48 PM ET

    WASHINGTON (Reuters) - The Bush administration still believes it can overcome significant opposition in Congress and win approval of trade deals with Colombia, Panama and South Korea before the end of the year, U.S. Trade Representative Susan Schwab said on Thursday.

  • Republican presidential candidate Senator John McCain (R-AZ) pauses while speaking after he visited a disaster supply warehouse for Hurricane Gustav in Waterville, Ohio, September 1, 2008. (John Gress - /Reuters)
    John McCain: the "maverick" fights his ultimate battle Thu Sep 4, 1:10 AM ET

    ST. PAUL (Reuters) - He has been called a maverick, a hero, a survivor. John McCain, the longtime Arizona senator adds a new title on Thursday: Republican presidential nominee.