Faced with soaring oil prices, a falling dollar and the worst credit crisis in nearly a decade, the masters of global finance have a simple message for jittery markets: Be calm, we are keeping an eye on things. ...more

October 21, 2007

Treasury Secretary Henry Paulson called Tuesday for an aggressive response to deal with an unfolding housing crisis that he said presents a significant risk to the economy. ...more

October 17, 2007

The nation's three largest banks said Monday that they are teaming up to create a rescue fund of sorts - potentially as large as $100 billion - to help bail out troubled global credit markets. ...more

October 16, 2007

The Bush administration said in a new report Monday that Social Security is facing a $13.6 trillion shortfall and that delaying needed reforms is not fair to younger workers. ...more

September 25, 2007

Treasury Secretary Henry Paulson said Wednesday that the turbulence in financial markets will take some time to be resolved, especially in the area of subprime mortgages. ...more

September 13, 2007