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NEW YORK - Wall Street surged on a burst of optimism Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. ...more
October 20, 2008
President Bush and financial leaders from nations rich and poor pledged Saturday to intensify efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. ...more
October 12, 2008
What's left in Uncle Sam's economic tool kit? The commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged again Thursday. ...more
October 10, 2008
What's left in Uncle Sam's economic tool kit? The commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged yet again on Thursday. ...more
October 9, 2008
The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector. ...more
October 7, 2008
Democrats won a key concession from the White House on legislation to bail out the financial industry on Wednesday, then sought to scale back the $700 billion price tag. President Bush readied a prime-time speech to rally public support for his plan to stave off a deepening economic crisis. ...more
September 24, 2008
Save Taxes; Vote 'No' I'm just one of the individuals here in Spring Hill who thinks we can save taxes by having one county fire department. It just makes good tax sense. I don't have the money to buy this election like the firefighters' union is trying to do or using scare tactics. ...more
September 24, 2008
Federal Reserve Chairman Ben Bernanke said Wednesday that the worsening financial crisis could prove a major weight on U.S. business growth and pledged to "act as needed" to brace the wobbly economy. ...more
September 24, 2008
Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures unless they act on the Bush administration's $700 billion plan to bail out the financial industry. ...more
September 23, 2008
The stock market plummets, investors pull out money and loans dry up, triggering global financial turmoil. Enter the government, buying up bad mortgages and other problem assets. ...more
September 22, 2008
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