General Motors is likely to announce further production cuts and possible plant closures as early as next week. The AP's James Limbach reports. (Oct. 10)
Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up shares decimated by more than a week of intense and panicked selling. (Oct. 10)
There were more big losses in Asian stock trading on Friday. The Nikkei fell more than nine percent, while stocks in Singapore, Hong Kong and the Philippines lost close to eight percent of its value. (Oct. 10)
Stocks plunged in the final hour of trading Thursday, sending the Dow Jones industrial average down 679 points more than 7 percent to its lowest level in five years. (Oct. 9)
The people who run the National Debt Clock on display in New York say they are running out of room and may soon have to revamp the fixture. (Oct. 9)
Trevor Delaney, the AP's Personal Finance editor offers some helpful tips to get a handle on children's activities, such as music and sporting programs. (Oct. 9)
There were another round of interest rate cuts in Asia, which left stocks mixed. Japan's benchmark fell slightly, but stocks in Hong Kong finished up by more than two percent. (Oct. 9)
The stock market careened wildly during Wednesday's session, ending in negative territory. The moves came after the Federal Reserve was joined by other central banks around the world in cutting benchmark interest rates. (Oct. 8)
The Federal Reserve, trying to jump-start lending, dropped its federal funds rate to 1.5 percent. Even so, most experts don't see economic recovery until there's stability in the housing market, banks are lending freely and employment improves. (Oct. 8)
Campaigning in Indianapolis on Wednesday, Barack Obama urged Americans not to panic over the faltering economy, saying that better days lie ahead. (Oct. 8)
In these days of bank takeovers, you may be concerned if your money is safe. Trevor Delaney, the AP's Personal Finance editor offers guidance on managing your bankingt. (Oct. 8)
The British government has announced a plan to partially nationalize eight of its largest banks. The pricetag is 87 billion dollars. This move comes as Asian markets faltered in early trading on Wednesday. Stocks in Japan fell more than 9%. (Oct. 8)
With the financial markets in turmoil, a lot of new terminology has hit the airwaves, some of which many Americans have never heard before. Trevor Delaney, AP's Personal Finance Editor explains why commercial paper is so important to the economy. (Oct. 7)
President Bush sought to assure Americans on Tuesday that the economy will eventually recover from the global financial crisis but he cautioned that it's going to take time and won't be easy. (Oct. 7)
Federal Reserve Chairman Ben Bernanke warned Tuesday that the financial crisis has not only darkened the country's current economic performance but also could prolong the pain. (Oct. 7)
Senators McCain and Obama are making assertions about changing tax policy. Trevor Delaney, the AP's Personal Finance editor highlights online tools that can help you gauge the potential impact of their plans. (Oct. 7)
Wall Street rose moderately early Tuesday, with investors getting some encouragement that the Federal Reserve's plan to buy massive amounts of corporate debt will help unclog the credit markets. The markets showed some signs of easing. (Oct. 7)
Wall Street suffered through another extraordinary and traumatic session Monday, with the Dow Jones industrials plunging as much as 800 points their largest one-day point drop before recovering to close with a loss of 370. (Oct. 6)
Days from becoming the largest bankruptcy in U.S. history, Lehman Brothers steered millions to departing executives even while pleading for a federal rescue, Congress was told Monday. (Oct. 6)
Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead. (Oct. 3)
Congress passed complex and highly criticized legislation Friday, authorizing $700 billion in government money to shore up the nation's stressed financial industry. (Oct. 3)
The shakeup in the financial services sector and the accompanying ripple effect in the wider economy may have you worried about your retirement account. Trevor Delaney, the AP's Personal Finance editor offers guidance on your 401k plan. (Oct. 3)
House Minority Leader John Boehner and Minority Whip Roy Blunt are optimistic that the changes to the bailout proposal will result in passage of a $700 billion rescue package. (Oct. 3)
Stocks tumbled and credit markets remained tight Thursday after plunging factor orders and a seven-year high in jobless claims stoked fears that the government's financial rescue plan might not be enough to ward off a recession. (Oct. 2)
With the economic turmoil sending shockwaves through the financial systems, how college savings programs are faring may be a great concern for some investors. Trevor Delaney, the AP's Personal Finance editor offers guidance. (Oct. 2)
President Bush says 'a lot of people are watching' the House as it considers financial rescue legislation and says lawmakers must listen to voices urging passage. (Oct. 2)
The NYSE has seen some historic activity over the past few weeks. AP photographer Richard Drew has captured the hustle and bustle of life on the stock exchange floor. (Oct. 1)
There was little support on New York University's campus among business students and professors for the proposed government bailout. (Oct. 1)
Democratic presidential candidate Barack Obama said Wednesday that it's time for Congress to act on a financial rescue bill for Wall Street. (Oct. 1)
President Bush said Tuesday that the economic damage to the nation will be 'painful and lasting' if Congress fails to pass a $700 billion bailout bill. (Sept. 30)
Share prices in Australia and New Zealand plunged Tuesday after U.S. lawmakers voted against a huge government bailout for the American financial system. (Sept. 30)
A Duke University finance professor says the $700 billion emergency rescue for the nation's financial system was flawed. Campbell Harvey instead offers a new approach to dealing with the crisis. (Sept. 29)
House Minority Leader John Boehner and Minority Whip Roy Blunt said Monday that a partisan speech delivered on the floor by House Speaker Nancy Pelosi was to blame for the failure to pass a bailout package. (Sept. 29)
The House on Monday defeated a $700 billion emergency rescue package, ignoring urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry. (Sept. 29)
Fear swept across the financial markets Monday, sending the Dow Jones industrials down as much as 705 points, after the government's financial bailout package failed the House. (Sept. 29)
Financial markets endured another difficult start Monday ahead of a planned House vote on an unpopular $700 billion plan to rescue troubled financial companies and as investors examined a deal for Wachovia. (Sept 29)
Congressional leaders and the Bush administration have reached a tentative deal on a bailout of imperiled financial markets that could cost taxpayers hundreds of billions of dollars. (Sept. 28)
Washington Mutual is known for its no-thrills, no-fees banking with a neighborly feel. But the collapsed bank's new owner, JP Morgan Chase, doesn't give off those vibes. Many are upset. (Sept. 26)
President Bush made a fresh appeal Friday for Congress to move quickly on his proposal for a $700 billion program to stabilize cascading financial markets. (Sept. 26)
Senate Majority Leader Harry Reid said Friday that the time has come for presidential politics to leave the negotiating table as lawmakers work to reach an agreement on a financial bailout plan. (Sept. 26)
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