PNC Financial Services Group said Friday that it is acquiring National City Corp. for $5.58 billion in one of the first concrete signs of how banks could use fresh investments from a government bailout program. ...more

October 25, 2008

The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday. ...more

October 23, 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

As world financial markets continue to roil, credit card users may see higher fees, higher interest rates and lower credit limits. Credit card companies are raising rates as high and often as possible in response to the credit crisis, credit counselor Harold Stephenson says. ...more

October 16, 2008

Morgan Stanley got a much-needed cash infusion on Monday, raising $9 billion by selling preferred shares to the Japanese bank Mitsubishi UFJ Financial Group Inc. ...more

October 14, 2008

General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. ...more

October 12, 2008

So how will it end? President Bush is down to his final 100 days in office as of today. Don't expect a quiet fade into the Texas night. ...more

October 12, 2008

Temple Terrace residents are fortunate that city elections tend to draw sharp, well-intentioned candidates with solid records of civic involvement. ...more

October 10, 2008

More Americans unexpectedly signed contracts in August to purchase previously owned homes as mounting foreclosures pushed down prices, making homes more affordable. ...more

October 9, 2008

In a rare coordinated move, the Federal Reserve and other major central banks from around the world slashed interest rates Wednesday to prevent a mushrooming financial crisis from becoming a global economic meltdown. ...more

October 8, 2008