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Deadbeat dads and moms across the country are discovering that their economic stimulus checks from Washington - intended to encourage the purchase of TVs, cars and other goods - are being intercepted and funneled toward the support of their children. ...more
September 10, 2008
Wall Street surged Monday as investors placed bets that a recovery in the financial and housing sectors is likely to follow the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. ...more
September 9, 2008
Fannie Mae and Freddie Mac agreed on Saturday afternoon to the Bush administration's plan to rescue them, people briefed on the plan said. ...more
September 7, 2008
Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments. ...more
August 30, 2008
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans. ...more
August 28, 2008
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