The government must toughen its monitoring of the $700 billion financial bailout to ensure that banking institutions limit their top executives' pay and comply with other restrictions, federal auditors said Tuesday in the first comprehensive review of the rescue package. ...more

December 2, 2008

Home sales prices declined at record rates across the country in September. In the Tampa Bay area, prices continued to fall but hovered around the same rate of decline as the previous month. Bay area sales prices fell 18.5 percent in September compared with a year ago, according to the Standard & Poor's/Case-Shiller home price index released this morning. ...more

November 25, 2008

After more than two weeks of virtual silence on the economy, President-elect Barack Obama's transition team burst onto the scene with new ambition and urgency Sunday, demanding swift passage by Congress of a massive two-year spending and tax-cutting recovery program. ...more

November 24, 2008

New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year. ...more

November 20, 2008

Re: "Few Would Have Believed Roof Could Fall In" (Our Opinion, Nov. 1): Congratulations on at least having made the attempt to warn people not to extend themselves too much in the real estate bubble. Having lived through similar bubbles long ago, I saw this coming early, but felt like a Cassandra when nobody would listen. ...more

November 20, 2008

The number of homeowners caught in the wave of foreclosures in October grew 25 percent nationally over the same month in 2007, data released Thursday showed. ...more

November 13, 2008

Hit hard by the likely recession and credit crisis, boat dealership chain MarineMax Inc. lost $11.1 million in its most recent quarter and saw its sales fall nearly 50 percent. ...more

November 11, 2008

Sales of new homes recorded an unexpected increase in September as median home prices dropped to the lowest level in four years, the Commerce Department reported Monday. ...more

October 28, 2008

As world financial markets continue to roil, credit card users may see higher fees, higher interest rates and lower credit limits. Credit card companies are raising rates as high and often as possible in response to the credit crisis, credit counselor Harold Stephenson says. ...more

October 16, 2008

NEW YORK - The Dow Jones industrials have fallen below the 9,000 mark, hurt by a steep decline in shares of General Motors Corp. The blue chip index is extending its selling to a seventh straight day Thursday as investors grapple with worries about the credit markets and the economy. ...more

October 9, 2008