NPR News

Wall Street's bad day — the Dow Jones industrial average fell more than 240 points (1.8 percent) — has been followed by something unusual these days: good news about Facebook's shares.

From now until Election Day, the U.S. might as well consist of just eight or so states, not 50.

Those are the battleground states where President Obama and Republican challenger Mitt Romney, their running mates and spouses will be spending much of their time in what remains of the 2012 race for the White House.

It's all about amassing the 270 electoral votes required to be elected president. NPR's analysis of the race at this point suggests the eight states that are most in play are Colorado, Florida, Iowa, Nevada, New Hampshire, Ohio, Virginia and Wisconsin.

It's possible that the presidential debates will be remembered mainly for trivia — Big Bird, binders and bayonets.

But Mitt Romney and President Obama did discuss issues of paramount importance, including taxes, entitlements and the role the U.S. should play in the Middle East.

Those issues — and above all else, the economy — dominated discussion throughout the debate season. That meant other important topics such as immigration were barely mentioned, while others never came up at all.

Update at 6 p.m. ET:

Our original headline on this post was "U.S. Pledges Exceed Pakistan's Spending On Its Own Flood Relief." As we reported, the Christian Science Monitor has looked into the details of a Congressional Research Service report and concluded that U.S. aid to Pakistan for flood relief exceeded that country's own spending.

But Ben Edwards, a spokesman at the U.S. Agency for International Development, tells us in an email that: