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- WASHINGTON (AP) -- The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy. The Federal Reserve is working with the Treasury ...
- Oct. 7 (Bloomberg) -- Ben S. Bernanke and his fellow global policy makers may move to unblock markets for loans between banks and commercial paper as their next steps to combat the 14- month credit crisis. In the U.S., Federal Reserve chief Bernanke ...
- The Federal Reserve got into the money markets on Tuesday, its latest move to try to thaw out gelling credit markets. The move failed to reverse the horrendous losses suffered by equity investors in recent weeks, but it had a small positive effect in ...
- The US government would promptly snap up bad home loans if John McCain becomes president, the Republican hopeful declared Tuesday in a nationally televised debate with Democratic rival Barack Obama. "People are no longer able to afford their mortgage ...
- NASHVILLE, Tenn. (AP) — Republican presidential candidate John McCain pledged Tuesday night in campaign debate to require the federal government to renegotiate the mortgages of individual homeowners and make them more affordable, a sweeping ...
- The city of Sarasota is one of the perfect locations in Florida to purchase a home to settle down in. Foreign homebuyers are known to flock to the city to find a residential property that will fit perfectly with their needs -- whether as a foundation ...
- HARTFORD, Conn. (AP) -- General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings forecast for the year on Thursday, blaming volatile financial markets that have damaged the profitability ...
- NEW YORK (AP) -- The world's financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government's financial rescue package - and watch for any further fallout from the credit ...
- Candlewood Street in Lakewood is a regular neighborhood filled with regular people -- young and old, Republicans and Democrats, blacks, whites, Latinos and Asians. The lawns of the 1950s-era houses are groomed, and some porches are dressed with U.S ...
- Candlewood Street in Lakewood is a regular neighborhood filled with regular people -- young and old, Republicans and Democrats, blacks, whites, Latinos and Asians. The lawns of the 1950s-era houses are groomed, and some porches are dressed with U.S ...
- Oct. 6 (Bloomberg) -- HSBC Holdings Plc Chairman Stephen Green kept to his schedule the night Europe fell into the worst banking crisis since the Great Depression. On Sunday, Sept. 28, as governments in London and Brussels were scrambling to find ...
- Oct. 6 (Bloomberg) -- HSBC Holdings Plc Chairman Stephen Green kept to his schedule the night Europe fell into the worst banking crisis since the Great Depression. On Sunday, Sept. 28, as governments in London and Brussels were scrambling to find ...
- When she heard about a New Castle County program that provides financial help for struggling families who want to buy or renovate homes, she was one of the first to sign up last year. Bain got a $20,000 no-interest loan that she spent on new windows ...
- (WICHITA, Kan.) Kansas won't feel the impact of the bailout as quickly as states like New York and California. That doesn't mean we won't feel the effects. Martin Perline is watching the stock market very closely this week. The Professor of Economics ...
- CHARLESTON, W.Va. (AP) - West Virginia higher education officials want to know what college students think about the rising cost of textbooks. The Higher Education Policy Commission plans to hold a public hearing on textbook costs Oct. 10 at West ...
- NEW YORK (AP) -- Stocks fluctuated while credit markets remained strained after the House approved a $700 billion financial rescue plan. While Wall Street was pleased by the bill's passage, investors also confronted their worries about a prolonged ...
- NEW YORK (AP) -- Stocks surged while credit markets remained strained Friday ahead of an expected House vote on the government's $700 billion financial rescue plan and after Wells Fargo Co. agreed to buy Wachovia Corp. in a $15.1 billion deal. The ...
- U.S. REP. Charlie Wilson (D-18th) was in Bridgeport Wednesday, explaining his stance on the latest proposal to loan hundreds of billions of dollars to financial institutions, saying the loans are necessary to keep small businesses open and to keep ...
- World stock markets fell Monday amid a flurry of government bank rescues in Europe and investor skepticism about the effectiveness of a tentative deal in Washington on a $700 billion bailout to stabilize the financial system. Analysts said the flurry ...
- WASHINGTON -- The New Deal it is not. The government's biggest economic bailout since the Great Depression is aimed not at relieving unemployment or reforming questionable business practices, but at resuscitating financial markets debilitated by ...
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