AP - With the holiday shopping season about to start, consumer confidence is hovering near the lowest it’s been since President Bush’s father was commander in chief. It may dip further as Americans open their 401(k) statements and see how much they’ve lost in the last few weeks.

Reuters - The Nasdaq Stock Market said it will cancel some of the late trades in Google Inc , whose shares appeared to plunge as low as 1 cent at the close of North American markets on Tuesday.

Reuters - U.S. lawmakers and President George W. Bush eased pressure on financial markets on Tuesday by starting work to revive a $700 billion bailout plan to stem a credit crisis that has spread beyond Wall Street to claim more European banks.

Reuters - Oil rose $6 per barrel on Tuesday to over $102 as expectations U.S. lawmakers would pass a financial stability plan boosted global markets.

Reuters - Wall Street roared back on Tuesday, a day after its worst sell-off in 21 years as investors bet Washington would revive a plan to stabilize the U.S. financial sector following its surprising defeat on Monday on Capitol Hill.

Reuters - The chairman of the House Financial Services Committee has told lawmakers that a federal bank regulator will seek authority to increase the deposit insurance limit to a level above its current $100,000, said a source familiar with the chairman’s thinking.

AFP - Shares in London closed higher on Tuesday, getting a boost from a rebound on Wall Street as investors hoped another vote on the US financial bailout package will see the plan passed.

AFP - Britain’s biggest retailer Tesco said on Tuesday that its net profit jumped by almost 11 percent during the group’s first half to more than one billion pounds as it beat off economic woes.

Reuters - Oil rose more than $4 on Tuesday to top $100 a barrel as expectations U.S. lawmakers would pass a financial stability plan boosted global markets.

Reuters - President George W. Bush eased pressure on financial markets Tuesday with assurances that a $700 billion bailout for the financial sector can be revived, but the crisis spread further through European banks.