Here are excerpts from editorials in newspapers around the world: The Observer, London, on Caroline Kennedy as New York's new senator: ...more

December 31, 2008

NEW YORK (AP) - Several analysts expressed skepticism Friday that the Federal Reserve's decision allowing GMAC Financial Services to become a bank holding company would spur many more people to buy cars. ...more

December 28, 2008

Vice President Dick Cheney blamed Congress for failing to bail out the auto industry, saying the White House was forced to step in to save U.S. car companies. ...more

December 21, 2008

WASHINGTON - Citing danger to the national economy, the Bush administration came to the rescue of the U.S. auto industry Friday, offering $17.4 billion in emergency loans in exchange for concessions from the deeply troubled carmakers and their workers. ...more

December 19, 2008

Congressional Democrats on Monday sent the White House a draft of a roughly $15 billion auto bailout they aim to bring to a vote this week, but White House officials gave a cool initial response. ...more

December 8, 2008

With the economy in crisis, President-elect Barack Obama urged the new Congress to pass a quick economic stimulus bill, pledged help for the troubled auto industry and blessed the Bush administration's bailout of the financial industry. ...more

November 24, 2008

Hard-line opponents of an auto industry bailout branded the industry a "dinosaur" whose "day of reckoning" is near, while Democrats pledged Sunday to do their best to get Detroit a slice of the $700 billion Wall Street rescue in this week's lame-duck session of Congress. ...more

November 17, 2008

WASHINGTON (AP) - The worst monthly drop on record for retail sales set off new alarm bells about the U.S. economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. ...more

November 16, 2008

Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality. ...more

August 20, 2008

Focused on getting the nation's credit gears smoothly working again, the Federal Reserve is letting Wall Street firms draw emergency loans into next year and giving financial companies more options to help them overcome credit problems. ...more

July 31, 2008