Treasury Secretary Henry Paulson said Friday that financial markets are "considerably calmer" now than they were two months ago. He predicted the economy will be rebounding by the second half of this year.
As head of the deep-pocketed Democratic Senatorial Campaign Commission, New York Sen. Charles Schumer hand-picked his party's nominee to take on Oregon Sen. Gordon Smith, the last Republican standing on the West Coast. But apparently, Schumer forgot to inform the state's voters.
Russia's new president has promised the kind of democratic change that Washington advocated during predecessor Vladimir Putin's tenure. At the same time, all the candidates to succeed President Bush have promised a break from a foreign policy that Moscow has bitterly criticized.
Being dead since 1940 hasn't kept Idaho U.S. Sen. William Borah from being inserted squarely into 2008 presidential politics after Democratic candidate Barack Obama took issue with President Bush's borrowing of a quote from Borah.
Democrat Hillary Rodham Clinton said Friday she wasn't ceding Oregon - or the nomination - to opponent Barack Obama, who is heavily favored to collect another victory here next week as he comes closer to winning the Democratic nomination.
L. Douglas Wilder, the nation's first elected black governor, announced Friday that he would not seek re-election as Richmond's mayor, likely bringing his storied political career to a close.
Republican Mike Huckabee responded to an offstage noise during his speech Friday to the National Rifle Association by suggesting it was Barack Obama diving to the floor because someone had aimed a gun at him.
Former Sen. George McGovern, the 1972 Democratic presidential candidate and an early backer of Hillary Rodham Clinton, joined a noisy rally for Barack Obama on Friday night, describing the Illinois senator as a "ripple of hope" who can win the White House.
Responding to congressional pressure, the Bush administration on Friday said it is suspending oil deliveries into the government's Strategic Petroleum Reserve for the remainder of the year.
Michigan and Florida alone can't save Hillary Rodham Clinton's campaign.
In President Bush's hint that Barack Obama wants to appease terrorists, Democrats heard troubling echoes of 2004, when Republicans portrayed John Kerry as irresolute and weak on national security.
President Bush's contentious nominee for the Federal Election Commission removed his name from consideration Friday, potentially ending a lengthy stalemate that had paralyzed the work of the agency.
For all the money and competitive zeal of this year's presidential contest, Democrats and Republicans are having difficulty financing and organizing the independent groups that supplied so much outside muscle in recent presidential campaigns.
More election coverage from McClatchy's D.C. bureau
Florida, Michigan cannot save Clinton
Republican Mike Huckabee quips about a Democratic presidential candidate while he addresses an NRA convention.
