Did stocks "crash"? Some news organizations and investors are hesitating to use the word to describe Wall Street's terrifying sell-off. ...more

October 11, 2008

Did stocks "crash"? Some news organizations and investors are hesitating to use the word to describe Wall Street's terrifying sell-off. ...more

October 10, 2008

General Motors Corp. shares hit their lowest price since 1949 in the opening minutes of trading Friday as financial turmoil and a weakening global auto market heightened worries that the automaker may be unable to pull out of its nosedive before it runs out of cash. ...more

October 10, 2008

The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. ...more

October 7, 2008

Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise money showed no sign of relief. ...more

September 30, 2008

WASHINGTON - President Bush told Congress Friday it must "rise to the occasion" and pass legislation bailing out the struggling financial system, and leading lawmakers arranged to resume difficult negotiations. ...more

September 26, 2008

They don't want to pay for other people's mistakes. The consensus among local men and women on the street is that the taxpayers should not "bail out" those chief executives who they think have caused the plummeting Dow Jones Industrial Average and mortgage crisis. ...more

September 26, 2008

The flow of money through critical parts of the financial system all but stopped Wednesday, prompting the stock market to plunge again as banks lost faith in one another and investors rushed to U.S. government securities to protect their savings. ...more

September 18, 2008

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

In another unnerving day for Wall Street, investors suffered their worst losses since the Sept. 11 attacks, and government officials raced to prevent the financial crisis from spreading. ...more

September 16, 2008