Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes. ...more

November 3, 2009

Turning more upbeat, President Barack Obama said Friday his administration is working to create a "post-bubble" model for solid economic growth once the recession ends. He said that means the days of overheated housing markets and "people maxing out on their credit cards" are over. ...more

March 13, 2009

Investors fled Wall Street again Thursday, driven by worries about the stability of the nation's big banks and General Motors Corp. ...more

March 6, 2009

Feb. Could Be Worst Month Yet For Jobless Claims WASHINGTON (AP) - February is shaping up to be another brutal month of job losses: The number of laid-off workers receiving unemployment benefits hit an all-time high of nearly 5 million, and new jobless claims are at levels not seen since the early 1980s. ...more

February 22, 2009

Racing to reverse the country's economic spiral, President Barack Obama signed the mammoth stimulus package into law Tuesday and readied a new $50 billion foreclosure rescue for legions of Americans who are in danger of losing their homes. ...more

February 17, 2009

Congress OKs Release Of Final $350B Of Bailout WASHINGTON (AP) - Congress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday with remarkable speed, clearing the way for a new infusion of bailout cash for the financial industry while majority Democrats proposed spending increases and tax cuts totaling a whopping $825 billion. ...more

January 18, 2009

It was appropriate, Florida's newest member of Congress' most powerful committee was saying the other day, that Nancy Pelosi ascended to the post of speaker of the House surrounded by children. ...more

January 9, 2009

Stocks Extend Advance In Year's Final Session NEW YORK (AP) - Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. ...more

January 4, 2009

Wall Street saw a merciful end Wednesday to a dreadful year as stocks closed the last session of 2008 with a sizable advance. ...more

January 1, 2009

The government must toughen its monitoring of the $700 billion financial bailout to ensure that banking institutions limit their top executives' pay and comply with other restrictions, federal auditors said Tuesday in the first comprehensive review of the rescue package. ...more

December 2, 2008