President Bush has invited the leaders of 20 nations to Washington on Nov. 15 for a summit meeting on the economy, the White House said.

President Bush has invited the leaders of 20 nations to Washington on Nov. 15 for a summit meeting on the economy, the White House said.

John McCain’s attempts to paint Barack Obama as a quasi socialist can be complicated in this topsy-turvy year of financial collapse.

Edward P. Lazear, chairman of the Council of Economic Advisors, said some regions of the country were struggling with high jobless rates.

President Bush and European leaders agreed to take steps toward a series of international meetings to address the economic crisis, the White House said.

The president said he would convene a meeting of global leaders to discuss a response to the financial crisis.

The president announced plans for a meeting of world leaders to discuss the response to the financial crisis.

President Bush is doing plenty of talking about the financial crisis, but Americans do not appear to be taking much reassurance from his words.

The president warned that credit markets will “take awhile” to return to normal, but he again tried to reassure Americans that the government’s bailout was “big enough and bold enough to work.”

President Bush defended his program to resuscitate the nation’s economy, and said that any long-lasting federal intervention in the banking industry would be a mistake.