President Barack Obama hailed the Senate's passage of a massive economic rescue plan on Tuesday but warned that there's more work to do as lawmakers begin difficult talks on a final deal. ...more

February 10, 2009

WASHINGTON - President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations. ...more

February 10, 2009

WASHINGTON - President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money, saying Americans are upset with "executives being rewarded for failure." ...more

February 4, 2009

WASHINGTON - Treasury Secretary Timothy Geithner, in his first full day on the job, is announcing new rules to limit special-interest influence on the government's $700 billion financial rescue program. ...more

January 27, 2009

The Senate on Monday confirmed New York Federal Reserve Bank chief Timothy Geithner as President Barack Obama's treasury secretary despite tax problems that might have sunk his nomination in less desperate times. ...more

January 26, 2009

Fiat and Chrysler said Tuesday they have agreed to form a strategic alliance that would give the Italian auto empire a 35 percent stake in the troubled U.S. carmaker and eventually could give it full control. ...more

January 21, 2009

Fiat and Chrysler said Tuesday they have signed a nonbinding agreement for a strategic alliance that would give the Italian auto empire a 35-percent stake in the troubled U.S. carmaker. ...more

January 20, 2009

President-elect Barack Obama wants more transparency and strict guidelines for using the second $350 billion of the bailout fund Congress approved last fall to stabilize the nation's financial system. ...more

January 11, 2009

$266.9 billion Amount the Treasury Department has disbursed from the $700 billion financial rescue program, according to an announcement Thursday ...more

January 9, 2009

President-elect Barack Obama announced Wednesday that he is creating a new high-level position to wring waste and inefficiencies out of government, as part of a broader push to bring more discipline to federal spending. ...more

January 8, 2009