The number of laid-off workers receiving unemployment benefits has jumped to an all-time high near 5 million while new jobless claims remain well above 600,000. Both figures were worse than expected and new projections from the Federal Reserve show unemployment rising for the rest of this year. ...more

February 20, 2009

The Dow Jones industrial average tumbled to its lowest close in more than six years on Thursday as sharp declines in key financial shares led the market lower. ...more

February 19, 2009

Racing to reverse the country's economic spiral, President Barack Obama signed the mammoth stimulus package into law Tuesday and readied a new $50 billion foreclosure rescue for legions of Americans who are in danger of losing their homes. ...more

February 17, 2009

William and Jane Sibbitt won't be traveling this year to visit their grandchildren in Vermont or his brother in California. They're shopping for golf shirts at garage sales, they're not eating out as much, they're doing less recreational shopping in Terre Haute, and they've even cut back on charitable giving. ...more

February 12, 2009

"Nothing to Fear: FDR's Inner Circle and the Hundred Days That Created Modern America," by Adam Cohen (Penguin Press, $30) ...more

February 1, 2009

Battered by layoffs, debts and dread of worse to come, shoppers clutched ever tighter to their wallets in the final three months of 2008 and thrust the economy into its worst downhill slide in a quarter-century. Americans cut spending on everything from cars to computers, and it's only getting worse so far in the new year. ...more

January 31, 2009

Congress OKs Release Of Final $350B Of Bailout WASHINGTON (AP) - Congress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday with remarkable speed, clearing the way for a new infusion of bailout cash for the financial industry while majority Democrats proposed spending increases and tax cuts totaling a whopping $825 billion. ...more

January 18, 2009

Facts and figures on President George W. Bush, the nation's 43rd president. 62 ...more

January 11, 2009

It was appropriate, Florida's newest member of Congress' most powerful committee was saying the other day, that Nancy Pelosi ascended to the post of speaker of the House surrounded by children. ...more

January 9, 2009

Stocks Extend Advance In Year's Final Session NEW YORK (AP) - Wall Street saw a merciful end to a dreadful year Wednesday as stocks closed the last session of 2008 with a sizable advance. ...more

January 4, 2009