With world financial leaders at his side, President Bush vows in a Rose Garden address that nations will work together to resolve the financial crisis. "In an interconnected world, no nation will gain by driving down the fortunes of another. We are in this together. We will come through it together," he says. Also: US Will Invest in Banks | Read Bush's Rose Garden Statement

The Category 2 storm hits Mexico's southern Baja California peninsula with 105 mph winds, forcing scores of people to flee their flooded homes. "We left our house because we were scared," one resident says.

Rep. John Lewis, a Georgia Democrat, left, rips Sen. John McCain and Gov. Sarah Palin for "sowing the seeds of hatred and division, and there is no need for this hostility in our political discourse." McCain calls the charges, which include references to segregation policies, "shocking and beyond the pale."

The Bush administration removes North Korea from the U.S. terrorism blacklist after the secretive nation agrees to open its nuclear facilities to international inspectors again. The switch is seen as an effort by the Bush administration to salvage a nuclear disarmament deal before he leaves office. It comes despite opposition internationally, and from American conservatives.