The economy remained "generally weak" heading into summer as rising costs for energy and food pounded consumers and forced some companies to push their own prices higher. ...more

June 12, 2008

Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts say the large proportion of distressed property sales will continue to weigh down prices. ...more

June 10, 2008

Federal Reserve Chairman Ben Bernanke signaled Tuesday that further interest rate cuts are unlikely because of concerns about inflation. High oil prices are a double-edged sword that can both put a damper on already weak growth and spread inflation, he said. ...more

June 4, 2008

Using a credit card reminds me of gambling in Las Vegas. ...more

May 18, 2008

A government-backed mortgage bailout is needed, and it must be done right away. ...more

May 10, 2008

The Federal Reserve and other regulators initiated steps Friday to end "unfair and deceptive" credit card industry practices assailing consumers who are already struggling to cope in a bad economy. ...more

May 3, 2008

The Federal Reserve on Wednesday lowered its projection for economic growth this year, citing damage from the double blows of a housing slump and credit crunch. It said it also expects higher unemployment and inflation. ...more

February 21, 2008

The U.S. trade deficit shrank more than forecast in December and showed the first annual drop since 2001 as the faltering economy eroded demand for imported autos and Chinese-made consumer goods. ...more

February 15, 2008

Using words like "sluggish" and "deteriorated," Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation's economy Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and a severe credit crisis. ...more

February 15, 2008

John McCain revved up efforts Tuesday to explain his economic plan, as the financial-market turmoil threatened to steal the spotlight from his central presidential primary campaign theme of national security. ...more

January 23, 2008