Recession on the Way? Investors are factoring a likely recession into the prices they are willing to pay for stocks and bonds, according to The Washington Post. Some economists say the risk of a serious downturn has increased recently.
Taylor Dies: Washington Redskins safety Sean Taylor died overnight after being shot in the leg during a home invasion in Miami, The Washington Post reports. Taylor was shot Monday, in the house he shares with his fiance and daughter. Police are investigating. Team officials said they are shocked by Taylor's death.
Mideast Peace Talks Start Today in Annapolis: The New York Times reports that President George W. Bush is participating in Middle East peace talks, but has no intention of personally negotiating a peace.
Tax Cuts Key Campaign Issue: The issue of taxes is taking center stage in the campaign as the economy appears more fragile, The Wall Street Journal says in a story today. Both Democrats and Republicans are seeking to portray their tax strategies as the right ones to shore up the country's fragile financial picture.