Another day, but not just another bailout. This one's a stunning government takeover. ...more

September 18, 2008

The field of possible buyers for Lehman Brothers narrowed Saturday, but the parties involved in the discussions over the wounded investment bank's future were at loggerheads over how to finance the rescue. ...more

September 14, 2008

Shares of Washington Mutual staged a late rally Thursday, recouping some of this week's steep losses as investors pumped money back into the banking sector despite ongoing concerns. ...more

September 12, 2008

Lehman Brothers has approached other major financial institutions about a potential acquisition or investment in the battered securities company, people close to the situation said Thursday. ...more

September 12, 2008

If the government didn't deny it, I'd swear they were trying to get rid of U.S. savings bonds. ...more

September 11, 2008

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

When the history is written on the collapse of Fannie Mae and Freddie Mac, it will go down in the annals of corporate scandals as one of the greatest accounting scams committed in broad daylight. ...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