With no end in sight to economic bad news, President George W. Bush on Friday ensured that millions of laid-off workers will keep getting their unemployment checks as the year-end holidays approach. ...more

November 22, 2008

Wall Street got a boost of confidence late Friday following a report that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. ...more

November 21, 2008

Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. ...more

November 20, 2008

WASHINGTON (AP) - The worst monthly drop on record for retail sales set off new alarm bells about the U.S. economy Friday, stepping up pressure on policymakers to figure out how to combat what increasingly looks to be a severe recession. ...more

November 16, 2008

Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million U.S. households avoid foreclosure. ...more

November 15, 2008

WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...more

November 11, 2008

WASHINGTON - Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton. It was the 17th failure this year of a federally insured bank. ...more

October 31, 2008

Sales of existing homes rose by the largest amount in more than five years in September, a real estate trade group said Friday. The data is a possible glimmer of hope that the housing slump could be starting to bottom out. ...more

October 25, 2008

The gloating didn't last long. A few weeks ago, German Finance Minister Peer Steinbrueck proclaimed that "Anglo-Saxon capitalism" is "finished." Steinbrueck stuck it to the hated Anglo-Saxon capitalists just in time - before he got too distracted by the exigencies of managing a $681 billion program to re-finance distressed German banks. ...more

October 22, 2008

Federal antitrust regulators on Friday cleared Wells Fargo's $11.7 billion acquisition of Wachovia Corp., capping a weeklong battle for the Charlotte, N.C.-based bank. ...more

October 11, 2008