A plan to let bankruptcy judges alter the terms of home loans so owners can avoid foreclosure moved one step closer to reality this week. ...more

January 10, 2009

$266.9 billion Amount the Treasury Department has disbursed from the $700 billion financial rescue program, according to an announcement Thursday ...more

January 9, 2009

The U.S. government's recent decision to save banking giant Citigroup Inc. may ultimately be remembered as the last high-profile bank rescue in the great financial crisis of 2008, but that doesn't mean it's business as usual in global markets. ...more

November 28, 2008

Wall Street barreled higher Monday for the second straight session, this time in a relief rally over the government's plan to bail out Citigroup - a move it hopes will help quiet some of the uncertainty hounding the financial sector and the overall economy. The Dow Jones industrials soared nearly 400 points and the major indexes all jumped more than 4.5 percent. ...more

November 25, 2008

Citigroup's options are dwindling along with its stock price as the credit landscape deteriorates and fears escalate about future loan losses at the company. ...more

November 22, 2008

Citigroup is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt. ...more

November 18, 2008

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes - making Citi the latest big bank to announce sweeping efforts to try to curtail losses from souring mortgages. ...more

November 11, 2008

The sound of hammers on nails and saws through wood filled the air in Grant Park this week as Habitat Hillsborough volunteers worked to finish a house in 14 days. ...more

October 14, 2008

The sound of nails being hammered and wood being sawed filled the air in Grant Park this week, as Habitat Hillsborough volunteers worked to build a house from slab in just 14 days. The effort is called a Blitz Build, said Ralph Jackson, executive director for the Hillsborough County Habitat for Humanity. The home is being built in memory of Suzie Hastings, the wife of one of the crew leaders who died from breast cancer in January, he said. ...more

October 13, 2008

Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. ...more

October 11, 2008