If you received a quarterly statement from your retirement fund over the past few days, chances are it showed large losses. And testifying today on Capitol Hill before the House Education and Labor Committee, the head of the Congressional Budget Off...
Stock prices plunged again in the United States, taking a lead from overseas markets today. The Dow Jones Industrial Average finished below 10,000 for the first time since October of 2004. NPR's Jim Zarroli has more. The Dow dropped nearly 8% at one...
The latest financial bailout comes not in the US but in Germany where government officials and private banks have agreed on a 69-billion-dollar deal to save lender Hypo Real Estate. Diane Swonk, Chief Economist with Mesirow Financial says there are...
European leaders are pledging to do all they can to curtail the credit crisis that is spreading globally from the US. The announcement came after a meeting in Paris concerning the financial crisis. The BBC's Alasdair Sandford reports from Paris. As...
The House passed a reworked version of the government's financial bailout plan early this afternoon. Speaking outside the White House today, President Bush applauded the action. NPR's Yuki Noguchi has more. President Bush thanked House Speaker Nancy...
Alaskans are heading home early from work tonight to catch the vice presidential debates set to begin in about two hours from now. Sarah Palin's nomination has revealed more about the governor than most Alaskans ever knew. NPR's Elizabeth Arnold rep...
Senate lawmakers are moving toward a vote tonight on a revised 700-billion-dollar financial rescue plan, though from the floor debate it's clear there are lawmakers who continue to have reservations. Vermont independent Senator Bernie Sanders said t...
President Bush again took to the airwaves today, urging those in Congress to settle their differences and move forward on a 700-billion-dollar financial rescue package. The president, speaking before the stock market opened, said despite yesterday's...
President Bush said today when history reviews America's response to the September 11th attacks, it will find we did not tire, we did not falter and we did not fail. The president today marked the seventh anniversary of the 9/11 attacks with a momen...
Federal regulators in Denver and Washington who were supposed to be watchdogs over oil and gas companies allegedly partied and have sex with industry employees. A report says they also improperly accepted gifts and arranged lucrative contracts for t...
