It is tempting to give General Motors the emergency federal cash it says it needs to stay in business. Jobs would be saved, at least for a while. ...more

November 15, 2008

Highlands Today staff compiled this Q&A on a proposed multi-billion rescue package Congress is deliberating to shore up the financial markets, and the $500 billion the government has pledged to help some troubled financial institutions. ...more

September 26, 2008

President Thabo Mbeki went on national television Sunday to formally announce his resignation and deny charges that he pressured prosecutors to go after his rival, Jacob Zuma, whose supporters forced the South African leader from office. ...more

September 22, 2008

The government's unprecedented move Friday to ban people from betting against financial stocks might be a salve for the market's turmoil, but it could carry serious unintended consequences. ...more

September 20, 2008

NEW YORK (AP) -- A stunning makeover of the Wall Street landscape sent stocks falling precipitously Monday, with the Dow Jones industrials sliding 500 points in their worst point drop since the September 2001 terrorist attacks. Investors reacted badly to a shakeup of the financial industry that took out two storied names: Lehman Brothers Holdings Inc. and Merrill Lynch & Co. ...more

September 15, 2008

Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business and said a sale of the entire company is possible. ...more

September 11, 2008

The U.S. housing crisis may accomplish what years of parental hectoring couldn't: Turn Americans from spenders into savers. ...more

July 17, 2008

Withdrawals from Florida's local government investment pool appear to be settling down, a financial firm said Tuesday, as the board that oversees the fund continued to push for answers about how the pool was hit by a multibillion-dollar run last month. ...more

December 12, 2007