WSJ.com: Capital

We're still in for a rough recession, with U.S. unemployment, now at 6.1%, likely to rise above 8%, with all the misery that brings. But it could be worse, writes David Wessel.

Black September has brought about the most muscular government intervention in the economy since the Great Depression in an effort to prevent the economic devastation of the Great Depression.

After one of the most tumultuous weekends Wall Street has ever seen, how much bleaker is the outlook for the U.S. economy, the parts where most Americans work, live, borrow and save?

Alan Greenspan faults the U.S.'s approach in fixing Fannie Mae and Freddie Mac, saying the credit crisis offered an "ideal opportunity" to dismantle the mortgage giants. The former Fed chairman pre...

Campaigns can bog down in policy proposals, yet no candidate can tell us exactly what he'd do in office. So ask not for details, ask for broad strokes. Here are four economic issues about which the...

Bernanke is determined to avoid a repeat of the mistakes that contributed to the Great Depression. But he's also mindful of how Fed mistakes contributed to the Great Inflation in the 1970s, and he ...

The challenge for Freddie and Fannie -- which are part profit-making companies and part government agencies -- is to protect the economy from a housing-driven depression and serve shareholders whil...

It's none too soon for the McCain and Obama squads and their economic advisers to contemplate the economy that the next president will inherit in January 2009. Here's some of what they should worry...

We had a housing bubble; that's now obvious. But how did it happen? Why was its bursting so painful? Without answers, we can't hope to reduce chances of a repeat. Boil it down to rocket s...

Americans are working longer, reversing a long trend toward earlier retirement. But the image of companies loyally retaining scarce, seasoned workers is at odds with reality.