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Report: Treasury near plan for Fannie and Freddie
Report: Treasury near plan for Fannie and Freddie
9:30pm: Wall Street Journal reports that Treasury could announce a backstop for troubled mortgage buyers and senior management changes as soon as this weekend. more
FDIC shutters Silver State Bank of Nevada
10:43pm: Son of presidential nominee John McCain was reportedly former board member; closing marks the 11th bank failure this year.  more
Union set to strike Boeing
11:29pm: Walkout by 27,000 assembly line workers will shut aircraft maker that holds key place in job market and economy. Customers await new plane.  more
McCain on Obama: Hey, big spender
2:31pm: John McCain says Barack Obama would raise government spending, while he'd cut it. He's probably right, but that's not the whole story. more
No joke: Bank stocks are rallying
2:40pm: Even after Thursday's selloff, shares of two bank stock indexes are up close to 40% since mid-July. But watch out, this rally may not last. more
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