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

WASHINGTON (AP) -- Urgent efforts to lash together a $700 billion rescue plan for the national economy broke apart Thursday night, hours after key lawmakers had declared they had reached a deal. ...more

September 25, 2008

WASHINGTON - The Bush administration sketched out a multifaceted effort on Friday to confront the worst U.S. financial crisis in decades, outlining a program that could cost taxpayers hundreds of billions of dollars to buy up bad mortgages and other toxic debt that has unhinged Wall Street. ...more

September 19, 2008

Unemployment is at a five-year high. Financial firms that withstood the Great Depression are failing. Congress and a lame-duck president are gridlocked. So when John McCain declared that "the fundamentals of our economy are strong," it drew ridicule from Democrat Barack Obama. ...more

September 17, 2008

The Federal Reserve forged an extraordinary $85 billion rescue Tuesday night of insurance giant American International Group Inc., offering a respite from two days of chaos in the American financial system. ...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

NEW YORK (AP) -- A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials sliding 500 points in their worst point drop since the September 2001 terrorist attacks. Investors reacted badly to a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co. ...more

September 15, 2008

As investors pour more greenbacks into green technology, recent venture-capital investments suggest that the market may be maturing. ...more

September 9, 2008

Wall Street surged Monday as investors placed bets that a recovery in the financial and housing sectors is likely to follow the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. ...more

September 9, 2008

Stocks Plummet After Retail, Unemployment Data NEW YORK (AP) - Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. ...more

September 7, 2008