Employers slashed payrolls by 159,000 in​ September, the most in more than five years, a​ worrisome sign that the economy is hurtling toward​ a deep rece...

HONG KONG (Reuters) - Recession fears grew and​ investors raced for safe havens after U.S.​ lawmakers' shock rejection of a $700 billion​ rescue pla...

HONG KONG (Reuters) - Recession fears mounted and​ investors raced for safe havens after U.S.​ lawmakers unexpectedly rejected a $700 billion​ bailout pl...

After a breakthrough on a $700 billion Wall Street​ bailout deal, lawmakers and the Bush​ administration now must settle the final details​ on a rescue i...

President Bush summoned Obama, McCain and​ legislative leaders to a White House summit,​ warning Americans and Congress on Wednesday night​ that failing ...

President Bush, warning of the danger of a​ 'long and painful recession,' urged​ Congress to pass his administration's​ economic rescue pa...

WASHINGTON (Reuters) - President George W. Bush​ warned on Wednesday that the United States was in​ the middle of a serious financial crisis that​ could ...

Federal Reserve chairman says without $700 billion​ package more people will lose jobs and houses,​ sending economy into a tailspin.

Federal Reserve Chairman Ben Bernanke told House​ Republicans Friday morning that the country is​ facing its 'most severe post-war'​ financial ...