Barack Obama is likely to choose Arizona Gov. Janet Napolitano for the job of secretary of homeland security, top Obama advisers and several Democrats said Thursday as the shape of the president-elect's Cabinet begins to emerge. ...more

November 20, 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

President-elect Obama assembled his economic team Friday and told the nation that strong action is needed to confront "the greatest economic challenge of our lifetime." ...more

November 8, 2008

President-elect Barack Obama moved swiftly on Thursday to fill his administration and form his response to the economic crisis. He scheduled his first post-election visit to the White House and convened an economic advisory board to meet here amid signs of a deteriorating financial outlook. ...more

November 7, 2008

Now that American taxpayers have committed hundreds of billions of dollars to save the banking system, it's appropriate to assess what they are getting for their investment. ...more

November 1, 2008

Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan on Thursday denied the nation's economic crisis was his fault, but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief." ...more

October 24, 2008

The Federal Reserve on Tuesday introduced a program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis. ...more

October 22, 2008

Democrat Barack Obama is bringing several GOP-leaning states he's aiming to win together in one place. ...more

October 21, 2008

With a timely endorsement from Federal Reserve Chairman Ben Bernanke, there's new life to the idea of Congress returning to Washington next month to pass a second round of measures aimed at injecting life into the economy. ...more

October 21, 2008

Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums - perhaps by putting more money in Americans' pockets. The White House said Monday that President Bush was open to some sort of action after Federal Reserve Chairman Ben Bernanke warned the slump could drag on without the extra bracing tonic. ...more

October 21, 2008