WASHINGTON (AP) — The Federal Reserve pledged today to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery. ...more

December 16, 2009

Banks that received taxpayer bailouts had a lower average level of loans outstanding at the end of March than a month earlier, the Treasury Department reported on Monday. ...more

June 2, 2009

Billions of dollars flooded into banks' coffers as the credit crunch gripped the U.S. economy last year, but only a fraction of that stimulus money is going back into the community as loans, regulatory records show. ...more

March 6, 2009

With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more

March 6, 2009

With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more

March 3, 2009

Many banks have made it harder for borrowers to obtain all kinds of loans over the past three months despite a $700 billion federal bailout program and a flurry of other bold moves to stem the worst financial crisis to hit the country since the 1930s. ...more

February 3, 2009

The hemorrhaging among the nation's biggest banks was supposed to have subsided after the government doled out $350 billion in federal bailout money last fall. That hasn't happened. ...more

January 17, 2009

The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying. ...more

November 25, 2008

Just a few months ago, the consensus view was that Barack Obama would need to choose a hard-core national-security type as his vice presidential running mate to compensate for his lack of foreign policy experience and that John McCain would need a running mate who was young and sprightly to compensate for his age. ...more

July 1, 2008

The Federal Reserve reported Monday that more banks are tightening lending standards on home mortgages, other types of consumer loans and business loans in response to a spreading credit crisis. ...more

May 6, 2008