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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
Obama Was Winner There is no doubt in my mind who won Tuesday night's debate. Obama was articulate, showed a greatly improved maturity since the beginning of the campaign, and was specific in answering the questions with a point-by-point explanation of his solutions. ...more
October 9, 2008
The battered home-building industry got another dose of bad news Friday as a key bellwether of the sector's health showed new home sales and prices dipped in June, dashing hopes for a summertime housing turnaround. ...more
July 26, 2008
A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and get more affordable, safer loans passed the Senate overwhelmingly on Friday, but it faces a bumpy road amid continuing turmoil in the housing market. ...more
July 12, 2008
Home foreclosures will keep rising next year no matter who is elected president in November. ...more
July 7, 2008
President Bush, acknowledging the economic "tough times" for many Americans, said Monday that he remains opposed to any homeowner rescue legislation that would be a bailout for lenders. ...more
May 20, 2008
President Bush and Congress are clashing over how to address the housing crisis, clouding the prospects of an election-year rescue package. ...more
May 8, 2008
Florida and California helped drive the national foreclosure rate to an all-time high in the third quarter, fresh evidence of the problems afflicting distressed homeowners amid the housing meltdown. ...more
December 7, 2007
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