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$700 billion bailout gets first audit 1 days ago Read More
The first official review of the federal government's $700 billion financial rescue plan said Treasury has yet to address "critical" oversight issues to ensure the plan is working.
Stocks rally after rout 1 days ago Read More
Stocks rallied Tuesday morning as investors scooped up shares hit in the previous session's selloff, in which the Dow lost 680 points on worries about the economy.
Ford unveils turnaround plan 1 days ago Read More
Ford Motor became the first of the three U.S. automakers to unveil its turnaround plans to Congress Tuesday, but the plan contained little in the way of new cost cuts or other changes beyond what t...
Obama: I'll help cash-strapped states 1 days ago Read More
President-elect Barack Obama on Tuesday told governors from across the country to work with him to "help design" a massive economic recovery package he hopes to sign shortly after he takes office.