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On Friday, presidential candidates Barack Obama and John McCain squared off at the University of Mississippi in the first of three scheduled debates. But some say that neither of the candidates gave a stellar performance in their exchanges over foreign policy and the economic crisis.

One day after their first debate, John McCain is back in Washington to work on the economic bailout, while Barack Obama is campaigning in North Carolina and Virginia.

Wells Fargo has stunned financial markets by announcing a merger with Wachovia. Wachovia was involved in a government-brokered deal with Citigroup earlier in the week. The Wells Fargo deal puts the Federal Deposit Insurance Corporation in an awkward position.

After weeks of anticipation, Gov. Sarah Palin and Sen. Joe Biden faced off in the one and only Vice Presidential debate last night. Law professor Joel Goldstein, of St. Louis University, and presidential debate expert Alan Schroeder, of Northeastern University discuss the highs and lows of both candidates' debate performance.

The House of Representatives rejected a $700 billion dollar financial bailout plan yesterday. As a result, the Dow dropped over 700 points, the largest stock drop in history. Two congressmen discuss voting for and against the bailout plan yesterday.

Lawmakers are hardly the only ones questioning whether the Bush administration's $700 billion plan to bail out Wall Street will work — or whether it's even the right option. Here, a look at some of the objections being raised on and off Capitol Hill.

John McCain and Barack Obama met in their first debate Friday night and clashed over the financial crisis, taxes, spending and the wars in Iraq and Afghanistan. The theme of the night was supposed to have been foreign policy, but the Wall Street meltdown and continuing negotiations over a federal bailout forced their way onto the agenda.

During their debate Friday night, Barack Obama and John McCain clashed on the ongoing wars in Iraq and Afghanistan and on the U.S. role in the world. A flare-up over Iran was the most contentious part of the debate. Were the candidates' statements about their foreign policy positions truthful?

Scott Simon talks with NPR's Juan Williams about how the candidates performed last night and how they prepped for the debate.

President Bush signed a $700 billion financial bailout package Friday, shortly after the U.S. House passed the rescue measure. The action paved the way for the government to start buying up troubled assets from financial institutions caught on the wrong side of record home foreclosures.