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Details On The Financial Meltdown

Posted: 10/30/2008 - A day after the Federal Reserve slashed a key interest rate to a level seen only once before in the last half-century, the government is releasing its first look at how much the economy shrank in the July-September quarter. The report is expected to show that the country's gross domestic product declined by 0.5 percent.

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Obama Leads In Nevada

Posted: 10/29/2008 - Riding a wave of discontent with the Bush administration and the economy, Barack Obama has taken a decisive lead in Nevada, according to an Associated Press-GfK poll released Wednesday.

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Ghost Hunters In Reno

Posted: 10/29/2008 - An unexplained cold spot in the house, voices or footsteps coming out of nowhere and a sudden mist are believed by some to be signs of a ghostly presence.

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OPEC: Emergency Meeting

Posted: 10/24/2008 - OPEC said at an emergency meeting Friday that it will slash oil production by 1.5 million barrels to stem the "dramatic collapse" of oil prices, but crude prices plunged 7 percent anyway as financial markets spiraled downward across the globe.

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Stocks Plummet, Oil Plunges and The Crisis Continues

Updated: 10/24/2008 - Stock markets around the world plummeted Friday and oil prices plunged to their lowest in more than a year. Even gold, the traditional safe haven in times of panic, fell sharply.

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Greenspan warns unemployment will rise further

Updated: 10/23/2008 - Former Federal Reserve Chairman Alan Greenspan says the current financial crisis is a "once-in-a-century credit tsunami" which will have a severe impact on the U.S. economy, driving unemployment higher.

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Palin's Brother Visits Reno

Updated: 10/23/2008 - This Saturday the local Republican party will have a special guest in town that you can also meet up close in person.

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Elect Your Candidate To Be In Charge!

Posted: 10/17/2008 - The morning hosts of "The Magic Wake-Up Call" on Magic 95.5 are running to be in charge. Tina has chosen Anne as her running mate. Vote now!

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Fed, Central Banks Cut Rates to Aid World Economy

Updated: 10/08/2008 - In a rare coordinated move, the Federal Reserve and other major central banks from around the world slashed interest rates Wednesday to prevent a mushrooming financial crisis from becoming a global economic meltdown.

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German, 2 French share Nobel medicine prize

Posted: 10/06/2008 - Three European scientists shared the 2008 Nobel Prize in medicine on Monday for separate discoveries of viruses that cause AIDS and cervical cancer, breakthroughs that helped doctors fight the deadly diseases.

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Gloomy Economic Outlook

Updated: 10/03/2008 - Employers slashed payrolls by 159,000 in September, the most in more than five years, a worrisome sign that the economy is hurtling toward a deep recession.

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Bank Change

Posted: 09/22/2008 - Last major investment banks change status.

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Cardboard Box City

Posted: 09/19/2008 - You can move into your own cardboard box on Friday, September 26th at Wingfield Park to help raise awareness and money about homelessness.

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Decline Continues on Wall Street

Posted: 09/16/2008 - Wall Street is extending its massive decline as nervous investors grapple with concerns about insurer American International Group Inc. and await the Federal Reserve's decision on interest rates.

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O.J. Simpson's Trial Continues Tuesday in Las Vegas

Posted: 09/16/2008 - Lawyers for O.J. Simpson are expected to take another crack at cross-examining an alleged robbery-kidnapping victim after his first time on the stand was cut short by illness.

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Powerful Hurricane Ike may swipe Florida Keys

Posted: 09/08/2008 - Most storm-hardened residents of the Florida Keys stayed put Monday despite day-old instructions to evacuate as a ferocious Hurricane Ike ripped across Cuba and stayed on track to swipe the low-lying island chain.

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Social Security Debit Cards

Posted: 09/04/2008 - Social security recipients will soon have the option of getting a debit card instead of a check in the mail for their monthly income.

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Shots Fired Early Tuesday Morning

Updated: 09/02/2008 - On Tuesday, September 02, 2008 at about 1:35 a.m. several residents of the apartment complex at 6200 Meadowood Mall Circle reported shots being fired in the complex.

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Giuliani out, Thompson and Lieberman in for GOP

Updated: 09/02/2008 - ST. PAUL, Minn. (AP) - Republicans revamped their convention plans for a second day, dropping former New York Mayor Rudy Giuliani as keynote speaker Tuesday night while trying to determine President Bush's role in the political pageantry celebrating John McCain's candidacy for president.

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Three Killed inTanker Crash

Updated: 09/02/2008 -

A P2V Neptune multi-engine tanker has crashed outside of the Stead Airport north of Reno. A spokesman for the Federal Aviation Administration says all three crew members onboard were killed.

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California Budget Still Not Approved

Posted: 09/01/2008 - SACRAMENTO (AP) - California lawmakers wrapped up work on their 2008 legislation Sunday, but left their most important task - approval of a state budget - undone for a record-breaking 62nd day.

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