Citigroup said Monday it is repaying $20 billion in public bailout money, freeing the banking giant from the close scrutiny and pay restrictions that came with the rescue program. ...more

December 15, 2009

More of America's largest companies will shrink their staffs rather than will hire in the next six months, according to the latest survey of their CEOs. ...more

December 9, 2009

SPECIAL TO THE WEST PASCO PRESS In 2010, the nation's economy will be better than it was this year. That, however, isn't a cause for raucous celebrations, according to an Indiana University forecast. ...more

November 13, 2009

Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate increases, the Federal Reserve said on Monday. ...more

November 10, 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

Bank closings for the year hit 100 on Friday when regulators shut down Partners Bank in Florida. Financial institutions nationwide have collapsed under the weight of soured real estate loans and the Great Recession. ...more

October 24, 2009

WASHINGTON (AP) — President Barack Obama wants smaller community banks to have greater access to the government's $700 billion financial rescue fund as the administration refocuses the bailout money on small businesses and homeowners and winds down programs aimed at big banks. ...more

October 20, 2009

Sorry Ma'am - we just didn't see it coming. A British newspaper reported Sunday that a group of eminent economists have apologized to Queen Elizabeth II for failing to predict the financial crisis. ...more

July 27, 2009

Your editorial on the "40% for doing nothing" was right on target. ...more

July 8, 2009

The economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, and probably isn't doing much better now. ...more

March 26, 2009