Paulson. Merrill Lynch. Lehman. Bernanke. Names are what investors start talking about at moments like this. Names, the faith is, will rescue Wall Street and, by extension, the U.S. economy. When a market crash is big enough, people are too panicked to think about the technicalities of reform. They think about the names they are losing and names who, they hope, will save the day. ...more

September 17, 2008

Fannie Mae and Freddie Mac agreed on Saturday afternoon to the Bush administration's plan to rescue them, people briefed on the plan said. ...more

September 7, 2008

The policy debate within the Federal Reserve is growing sharper. On one side is Fed Chairman Ben S. Bernanke, who is opposed to raising interest rates even though consumer prices have gone up 5 percent over the past year. ...more

July 30, 2008

from food to electricity and gasoline - took a bigger piece of their paychecks. ...more

July 17, 2008

Using a credit card reminds me of gambling in Las Vegas. ...more

May 18, 2008

U.S. economic growth will slow to 1 percent in the fourth quarter as consumer spending cools and the housing slump enters its third year, a survey showed. ...more

December 12, 2007