It's a $150 billion gamble. That's the size of the newly enlarged financial lifeline the U.S. government threw tottering insurance giant American International Group on Monday, expanding an aid package that's gradually grown since it began as an $85 billion loan in September. ...more

November 11, 2008

Saying that public education cannot endure another year of budget cuts, Florida Education Association (FEA) President Andy Ford on Friday proposed a short-term increase in the state's sales tax, dedicated to all levels of public schools. ...more

October 17, 2008

The Wall Street firm that started the U.S. cotton trade before the Civil War and financed the railroads that built a nation might soon fade into history. ...more

September 13, 2008

Freddie Mac on Wednesday posted a second-quarter loss that was more than three times larger than Wall Street expected as a huge number of borrowers with good credit fell behind on their exotic and risky mortgages. ...more

August 7, 2008

Barack Obama Meets Gordon Brown, Tony Blair LONDON (AP) - Presidential contender Barack Obama was meeting Saturday with British Prime Minister Gordon Brown on the last leg of his European and Middle Eastern tour. ...more

July 27, 2008

The Federal Reserve was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. ...more

June 28, 2008