With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. ...more

November 5, 2009

Republicans needn't trouble themselves to nominate a presidential candidate in 2012. No matter what, President Barack Obama will run against George W. Bush. Bush will be Obama's eternal foil. At this rate, when Obama writes his post-presidential memoir, it will be titled "An Audacious Presidency, or How I Saved America From That Bastard Bush." ...more

October 24, 2009

Federal Reserve Chairman Ben Bernanke prodded Congress on Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. ...more

October 24, 2009

The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending. ...more

August 13, 2009

Three bits of economic news may lift the veil of gloom a bit, especially for some in the Tampa area. Based on that and other data in recent weeks, analysts and the stock market have responded positively, with the Dow Jones industrial average up 120 points Wednesday. ...more

August 13, 2009

The number of newly laid-off Americans signing up for unemployment benefits last week and those using this safety net over a longer period both plunged. The government figures released Thursday were clouded by difficulties adjusting for temporary shutdowns at auto plants. ...more

July 17, 2009

American households lost $1.33 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices. ...more

June 12, 2009

The Senate voted on Tuesday to prohibit credit card companies from arbitrarily raising a person's interest rate and charging many of the exorbitant fees that have become customary - and crippling - to cash-strapped consumers. ...more

May 20, 2009

Goldman Sachs and Morgan Stanley have formally asked the Federal Reserve for permission to repay a combined $20 billion in federal bailout money. ...more

May 18, 2009

Citigroup Inc. and Bank of America Corp. will need to raise more capital based on preliminary results of their government-run "stress tests" - unless they succeed in appealing the findings, according to two people familiar with the matter. ...more

April 29, 2009