Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. ...more

August 21, 2008

Barack Obama thinks the government should intervene on gas prices to "give families some relief," and he called last week for releasing 70 million barrels of crude from the Strategic Petroleum Reserve. ...more

August 17, 2008

The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. ...more

July 24, 2008

The nation's leaders are running out of answers to America's economic crisis. ...more

July 16, 2008

We've all been so focused on whether we are officially in a recession that we may not have paid enough attention to the creeping threat of inflation. ...more

July 13, 2008

Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. ...more

July 11, 2008

Lehman Bros. Holdings Inc. shares slid Thursday as continued credit fears shook Wall Street, and government officials again reiterated that no bank is too big to fail. ...more

July 11, 2008

The nation's top economic policymakers took their campaign to rework financial regulation to Capitol Hill on Thursday, urging Congress to make major changes in the oversight of Wall Street firms and other financial institutions. ...more

July 11, 2008

With a foreclosure rescue bill facing an uncertain fate in Congress, federal regulators are putting the final touches on new rules designed to curb irresponsible mortgage lending and help some struggling homeowners refinance into more affordable loans. ...more

July 9, 2008

Senate Banking Committee Chairman Christopher J. Dodd, a leader of Congress' efforts to help homeowners ensnared in the subprime mortgage meltdown, reportedly got special treatment on his own mortgages from the chief executive officer of Countrywide Financial Corp., a company whose practices he has called "abusive." ...more

June 14, 2008