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Bush, Bernanke Say Time is Right For New…

Momentum increased Monday for a new economic stimulus package to help cash-strapped Americans as President Bush and Federal Reserve Chairman…
06.19.19
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Bush to Give Pep Talk to Anxious Country…

Wild gyrations on Wall Street, a loss of confidence in the U.S. banking system and worries the economy will be…
06.19.19
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Dow Falls 170 Points as Sharp Swings Continue…

Wall Street remained tense Thursday, extending its huge slide as investors examined mixed economic and earnings data for clues about…
06.19.19
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G-8 Will Hold Summit on Financial Crisis

Leaders of the Group of Eight major industrial countries said Wednesday they will meet “in the near future” for a…
06.19.19
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EXCLUSIVE: The Obama and McCain Economic Plans On…

The Last Straw for McCain John McCain finds himself in a precarious but familiar position heading into Wednesday evening’s final…
10.15.08
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Bush, Paulson See Economy Improving with Time

The country hit fresh economic potholes Wednesday as President Bush sought to reassure anxious Americans that the government’s latest rescue…
06.19.19
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Government Moves Again to Unclog Credit Lines

President Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation’s leading…
06.19.19
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Obama’s Economy Rescue Plan: J-O-B-S

Barack Obama unveiled a new economic rescue plan to the country today. He highlighted the need for more jobs, a…
06.19.19
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Obama Calls for 90-Day Moratorium on Foreclosures

Democratic nominee Barack Obama on Monday called for more immediate steps to heal the nation’s ailing economy, proposing a 90-day…
06.19.19
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Bush Says There is No Need for Anxiety…

President Bush said Friday that the government’s financial rescue plan was aggressive enough and big enough to work, but would…
06.19.19
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IMF: World Economy to Slow Sharply, Led by…

The world economy will slow sharply this year and next, with the United States likely sliding into recession reflecting mounting…
06.19.19
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Bernanke: Crisis Could Prolong Economic Pain

Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country’s current economic performance…
06.19.19
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Wall Street Bounces Back After Global Rout

Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts…
06.19.19
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Fed To Buy Massive Amounts of Short-Term Debt

The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debts in a dramatic effort to…
06.19.19
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Wall Street Tumbles Amid Global Sell-Off

Wall Street suffered through another traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points and…
06.19.19
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Senate Passes Bailout Bill, House Must Approve Next

  WASHINGTON (AP)  After one spectacular failure, the $700 billion financial industry bailout found a second life Wednesday, winning lopsided…
06.19.19
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Global Financial Crisis Threatens Black Middle Class

The current crisis in U.S. financial institutions, along with record-breaking home foreclosures, higher unemployment rates, and skyrocketing gas prices, has…
06.19.19
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Bank of America to Purchase Merrill Lynch

Bank of America on Monday began adding another slice to its growing financial services empire, buying Merrill Lynch in a…
06.19.19