Pointing with dismay to the AIG debacle, the nation's top economic officials argued Tuesday for unprecedented powers to regulate and even take over financial goliaths whose collapse could imperil the entire economy. President Barack Obama agreed and said he hoped "it doesn't take too long to convince Congress." ...more

March 24, 2009

At some point a person just has to believe things are getting better. For a lot of Americans, that's almost impossible, and with good reason. But there are flickering signs, and even a few non-partisan experts are saying there is a light at the end of the tunnel. ...more

March 20, 2009

America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview. ...more

March 16, 2009

President Barack Obama's assurance Tuesday that his mortgage-relief plan will only benefit deserving homeowners appears to be a stretch. ...more

February 25, 2009

Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. ...more

February 24, 2009

Tuesday was not a good day to feel better about the nation's economy. ...more

February 11, 2009

The Senate on Monday confirmed New York Federal Reserve Bank chief Timothy Geithner as President Barack Obama's treasury secretary despite tax problems that might have sunk his nomination in less desperate times. ...more

January 26, 2009

The country's economic picture darkened further as Americans hunkered down heading into the holidays, forcing retailers to ring up fewer sales and factories to cut back on production. ...more

December 4, 2008

The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. ...more

December 2, 2008

No financial rescue cash will be handed out behind closed doors, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke promised Congress just a few weeks ago. ...more

November 15, 2008