Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points - their largest one-day point drop - before recovering to close with a loss of 370. The catalyst for the selling, which also took the Dow below 10,000 for the first time in four years, was investors' growing despair that the spreading credit crisis will take a heavy toll around the world. ...more

October 6, 2008

The federal government's $700 billion bailout of the financial industry could help homebuilders and mortgage lenders, but is unlikely to bring fast relief to anybody trying to buy or sell a house anytime soon. ...more

October 4, 2008

Republican John McCain said Wednesday that he wants to postpone Friday's debate to deal with the nation's financial problems, but Democrat Barack Obama said "it's more important than ever" that the country hear from its next president. ...more

September 24, 2008

Save people, not bankers. ...more

September 24, 2008

Financial markets extended their declines Tuesday, with the Dow falling more than 150 points, as investors worried that lawmakers were beginning to doubt the necessity of a broad government bailout for financial institutions as a way to revive ailing credit markets. ...more

September 24, 2008

Federal Reserve Chairman Ben Bernanke bluntly warned reluctant lawmakers Tuesday they risk a recession with higher unemployment and increased home foreclosures unless they act on the Bush administration's $700 billion plan to bail out the financial industry. ...more

September 23, 2008

The Dow plunged Monday more than 370 points and oil prices rocketed more than $25 a barrel - the biggest one-day jump ever - as anxiety about the government's $700 billion bailout plan sent new shockwaves through the markets. ...more

September 23, 2008

Napster Inc., the online music community that rose from a dorm room project to become the scourge of the global recording industry, is being purchased by Best Buy Inc. for nearly $127 million as the electronics retailer tries to boost its digital music business. ...more

September 16, 2008

Profit, addiction fuel pill sales ...more

August 22, 2008

As legendary oil investor T. Boone Pickens tells the story, Republican Bob Dole wanted him to head up his 1996 presidential campaign in Texas. In return, Pickens wanted to be Dole's chief adviser on energy policy. ...more

July 21, 2008