We've all been so focused on whether we are officially in a recession that we may not have paid enough attention to the creeping threat of inflation. ...more

July 13, 2008

Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. ...more

July 11, 2008

Lehman Bros. Holdings Inc. shares slid Thursday as continued credit fears shook Wall Street, and government officials again reiterated that no bank is too big to fail. ...more

July 11, 2008

The nation's top economic policymakers took their campaign to rework financial regulation to Capitol Hill on Thursday, urging Congress to make major changes in the oversight of Wall Street firms and other financial institutions. ...more

July 11, 2008

With a foreclosure rescue bill facing an uncertain fate in Congress, federal regulators are putting the final touches on new rules designed to curb irresponsible mortgage lending and help some struggling homeowners refinance into more affordable loans. ...more

July 9, 2008

Senate Banking Committee Chairman Christopher J. Dodd, a leader of Congress' efforts to help homeowners ensnared in the subprime mortgage meltdown, reportedly got special treatment on his own mortgages from the chief executive officer of Countrywide Financial Corp., a company whose practices he has called "abusive." ...more

June 14, 2008

Rates on 30-year mortgages jumped to the highest level in nearly eight months, reflecting increased concerns about what the Federal Reserve might do to battle inflation. ...more

June 13, 2008

The economy remained "generally weak" heading into summer as rising costs for energy and food pounded consumers and forced some companies to push their own prices higher. ...more

June 12, 2008

Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts say the large proportion of distressed property sales will continue to weigh down prices. ...more

June 10, 2008

Federal Reserve Chairman Ben Bernanke signaled Tuesday that further interest rate cuts are unlikely because of concerns about inflation. High oil prices are a double-edged sword that can both put a damper on already weak growth and spread inflation, he said. ...more

June 4, 2008