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…
10.20.08
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…
10.17.08
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…
10.16.08
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…
10.15.08
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
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…
10.15.08
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…
10.14.08
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…
10.13.08
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…
10.13.08
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…
10.10.08
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…
10.08.08
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…
10.07.08
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…
10.07.08
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…
10.07.08
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…
10.06.08
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…
10.02.08
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…
05.10.12
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…
09.15.08
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