The Treasury Department is dramatically expanding the scope of its bailout of the financial system with a plan to take ownership stakes in the nation's insurance companies, government and industry sources said.
With much of the past decade's stock-market gains wiped out in a matter of weeks, American investors are steeling themselves for more of the same and worse.
Barack Obama and John McCain clashed sharply over tax cuts and congressional spending Friday night as they faced off in their first head-to-head debate.
President Bush's decision to shore up the financial markets with massive government intervention is the latest sign of a broad ideological transformation of his presidency.
Text of Treasury Secretary Henry Paulson's news conferences Friday, as transcribed by CQ Transcriptions:
Text of President Bush's statement Friday on the economy, as transcribed by CQ Transcriptions:
Speaking firms representing ex-FBI Director Louis Freeh and former chairman of the Joint Chiefs of Staff Gen. Hugh Shelton have received federal subpoenas as part of an expanding investigation into the source of payments to former top government officials who have publicly advoc …
Arizona Sen. John McCain called for American-led airstrikes on President Bashar Assad's forces in Syria.
Amid better economic news, a declining unemployment rate, and an ongoing -- and combative -- Republican primary campaign, voter confidence in President Obama now stands at a nearly one-year high. This comes after he reached his all-time low in September. His score in the …
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Ex-US officials investigated over speeches to Iranian dissident group on terror list
Ex-US officials investigated over speeches to Iranian dissident group on terror list
Ex-US officials investigated over speeches to Iranian dissident group on terror list
McCain calls for US-led airstrikes on Assad forces
As GOP race continues, voter confidence in Obama improves
As GOP race continues, voter confidence in Obama improves
Rebels plead for weapons to make their vision of post-Assad Syria happen
Rebels plead for weapons to make their vision of post-Assad Syria happen
Activists demand cease-fire, aid access in Syria
Israeli settlers try to lure tourists to West Bank