President-elect Barack Obama moved swiftly on Thursday to fill his administration and form his response to the economic crisis. He scheduled his first post-election visit to the White House and convened an economic advisory board to meet here amid signs of a deteriorating financial outlook. ...more

November 7, 2008

Now that American taxpayers have committed hundreds of billions of dollars to save the banking system, it's appropriate to assess what they are getting for their investment. ...more

November 1, 2008

Badgered by lawmakers, former Federal Reserve Chairman Alan Greenspan on Thursday denied the nation's economic crisis was his fault, but conceded the meltdown had revealed a flaw in a lifetime of economic thinking and left him in a "state of shocked disbelief." ...more

October 24, 2008

The Federal Reserve on Tuesday introduced a program to finance the purchases of assets from money market mutual funds as the government continued to search for ways to battle a severe credit crisis. ...more

October 22, 2008

Democrat Barack Obama is bringing several GOP-leaning states he's aiming to win together in one place. ...more

October 21, 2008

With a timely endorsement from Federal Reserve Chairman Ben Bernanke, there's new life to the idea of Congress returning to Washington next month to pass a second round of measures aimed at injecting life into the economy. ...more

October 21, 2008

Momentum is building for a fresh dose of economic stimulants to boost the country out of the doldrums - perhaps by putting more money in Americans' pockets. The White House said Monday that President Bush was open to some sort of action after Federal Reserve Chairman Ben Bernanke warned the slump could drag on without the extra bracing tonic. ...more

October 21, 2008

NEW YORK - Wall Street surged on a burst of optimism Monday, propelling the Dow Jones industrials up more than 400 points on more signs of a reviving credit market and comments from Federal Reserve Chairman Ben Bernanke. ...more

October 20, 2008

President Bush and financial leaders from nations rich and poor pledged Saturday to intensify efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. ...more

October 12, 2008

What's left in Uncle Sam's economic tool kit? The commitment of $700 billion didn't impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged again Thursday. ...more

October 10, 2008