Now that American taxpayers have committed hundreds of billions of dollars to save the banking system, it's appropriate to assess what they are getting for their investment. ...more

November 1, 2008

Republican John McCain on Thursday spiced up a cross-state bus tour aimed at keeping vote-rich Florida from swinging to the Democrats by accusing rival Barack Obama of saying "anything to get elected." ...more

October 23, 2008

The Bush administration is pledging to do whatever it takes to battle a severe financial crisis that is threatening to push the country into a steep recession. ...more

October 22, 2008

The next president's choice of a treasury secretary may well be the most important appointment he'll make - someone to grab the reins of a trillion-dollar-plus program to shore up the world's largest economy, probably in the middle of a severe recession, and at the right hand of a chief executive who'll be a rookie himself. ...more

October 20, 2008

The government came to the American people saying, "The sky is falling." ...more

October 16, 2008

A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer asked for an additional $37.8 billion loan from the Federal Reserve. ...more

October 16, 2008

The country hit fresh economic potholes Wednesday as President Bush sought to reassure anxious Americans that the government's latest rescue plan will eventually bring relief. ...more

October 15, 2008

Talk about being penny-wise and pound-stupid. Sheesh, this had to be a bit like firing the janitor for leaving the lights on at the Treasury Department right after Secretary Henry Paulson cooked up the $700 billion financial market bailout plan. ...more

October 14, 2008

After a whirl of emergency meetings, government leaders on both sides of the Atlantic produced bold promises to rescue the global financial system, but were still racing to work out details to calm battered stock markets before they opened today. ...more

October 13, 2008

President Bush and financial leaders from nations rich and poor pledged Saturday to intensify efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. ...more

October 12, 2008