WASHINGTON - Congressional leaders said Saturday they hoped to reach an agreement on a multibillion-dollar bailout plan for the financial sector before the markets open Monday, even if House and Senate votes would come later. ...more

September 27, 2008

Comparisons to Pearl Harbor might have been an exaggeration, according to two University of Florida economics professors. ...more

September 26, 2008

Nothing But Socialism Regarding the recent historical bailout by the U.S. government of private corporations: ...more

September 24, 2008

Sen. John McCain struck a sharply more critical tone about the proposed federal bailout of the financial sector on Monday, calling for greater oversight of how the Treasury secretary administers the program because "when we're talking about a trillion dollars of taxpayer money, 'trust me' just isn't good enough." ...more

September 23, 2008

Construction of new homes and apartments fell to the lowest level in 17 years last month, showing the country is still gripped by a severe housing downturn that has triggered billions of dollars of losses and is reshaping the structure of U.S. finance. ...more

September 18, 2008

Unemployment is at a five-year high. Financial firms that withstood the Great Depression are failing. Congress and a lame-duck president are gridlocked. So when John McCain declared that "the fundamentals of our economy are strong," it drew ridicule from Democrat Barack Obama. ...more

September 17, 2008

Sen. Barack Obama has delivered at least four major addresses on the economy in the course of his presidential candidacy. Yet even his advisers conceded that voters might not have noticed until he spoke here on Tuesday as turmoil rippled through the financial markets. ...more

September 17, 2008

As soon as he graduated from Florida Southern College, Thomas Reidy took his business administration degree into the financial sector. ...more

September 1, 2008

As soon as he graduated from Florida Southern College, Thomas Reidy took his business administration degree into the financial sector. ...more

August 27, 2008

On the surface, U.S. companies' second-quarter earnings were fairly respectable when you strip away the financial sector - profits for Standard & Poor's 500 members rose about 10 percent from a year earlier after falling sharply the two previous quarters. ...more

August 6, 2008