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  • Lawmakers return to Capitol Hill Friday for more negotiations on the Wall Street rescue package. A deal in principle fell through Thursday. David Wessel, economics editor at The Wall Street Journal, says talks broke down over what role the government should play; and what's the best way to structure this huge intervention.
  • Pakistan's outgoing President Pervez Musharraf was a close U.S. ally in the fight against al-Qaida. But critics say the Bush administration relied on him too much, and that he didn't do enough to rein in the Taliban. With Musharraf out, Pakistan is expected to concentrate on preventing extremism inside Pakistan rather than across the border.
  • John McCain accepted the GOP's presidential nomination in a nearly hour-long speech Thursday night at the Republican National Convention in St. Paul, Minn. McCain complimented rival Barack Obama for winning the Democratic nomination, but offered a long list of criticisms of the Illinois senator.
  • The Federal Reserve said Tuesday it would lend American International Group $85 billion to help stave off a financial crisis worldwide. In return, the government gets a major stake in the company. "It's almost like French-style capitalism here in the U.S.," says David Wessel, economics editor of The Wall Street Journal.
  • Many members of Congress believe the $700 billion bailout plan should help homeowners facing foreclosure. Many lawmakers say the proposal bails out Wall Street but doesn't doing anything for Main Street.
  • Overstock bought Bed Bath & Beyond's intellectual property in bankruptcy court. Overstock CEO Jonathan Johnson said the company wanted Bed Bath & Beyond's name recognition.
  • The SAG-AFTRA Foundation has raised $15 million over the past three weeks for its emergency fund. The Entertainment Community Fund has received over $6 million since the WGA went on strike.
  • The company lost big sales in the U.S. after the boycotts over its collaboration with a transgender influencer. CEO says things have now stabilized "with signals of improvement" for the brand.
  • Despite prosecutors listing six of his alleged co-conspirators, Donald Trump will be standing alone in Washington, D.C.'s federal courthouse in his first court appearance since being indicted Tuesday.
  • Thursday marks four years since a gunman attacked an El Paso Walmart store, killing 23. In its aftermath, advocates and victims’ families search for closure as concerns increase about the hateful rhetoric that inspired the shooter.
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