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Part 2 Michigan perhaps more than any other state has felt the impact of the troubled economy. It's largest city, Detroit, is among the most liberal in America consistently voting overwhelmingly for Democrats. The population, which is mostly black, continues to decline as the auto industry shrinks and the city's economic situation deteriorates. The former mayor faces jail time after resigning earlier this year and the governor recently ordered an investigation of the public

Barack Obama and John McCain spar over new economic plans as the third and final presidential debate draws closer. As Jeff Glor reports, McCain is confident his plan will boost his numbers.

Republican John McCain unveiled a tough new campaign speech Monday as polls showed him trailing Democrat Barack Obama nationally and in several battleground states.

Democratic Barack Obama on Monday called for more immediate steps to heal the nation's ailing economy, proposing a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.

More Americans are filing for jobless benefits, and the economic crisis worsens.

Wall Street banks aren't the only ones asking for money from the US federal government. Until recently General Motors was the biggest carmaker in the world. It's been building new factories to build fuel-efficient cars to try to win back its position but it now needs billions of dollars just to keep its old factories open. Tom Ackerman reports from Youngstown in Ohio.

Democratic VP candidate Joe Biden criticizes the policies of President Bush and Sen. John McCain and offers his ideas to improve the U.S. economy. He talked to Maggie Rodriguez.

Clarifying earlier remarks, Sen. John McCain called American workers strong, but betrayed by corporate greed and lack of oversight. He talked to Harry Smith.

Major stock markets in Europe and Asia closed sharply lower on Friday as pessimism grew over the continuing slump in the U.S. economy. The sell-off was triggered by sharp declines in the U.S. stock market Thursday after disappointing reports on U.S. jobs and retail sales. VOA's Mil Arcega reports.

Joe Biden speaks at a roundtable discussion with four working women from across the country to discuss economic security for Americans families. Kansas Governor Kathleen Sebelius, Arizona Governor Janet Napolitano, Washington Governor Christine Gregoire, and Delaware Governor Ruth Ann Minner.

Political uncertainty in Pakistan is taking its toll on its economy. Al Jazeera's Mike Hanna reports on the economic turmoil that has made food increasingly unaffordable for most Pakistanis.

Days before the Democratic national convention, Barack Obama was focusing on the economy today during a town hall in Martinsville, Virginia. Obama says the country cannot afford four more years of George W. Bush's policies.