NPR 2008-10-08

If you received a quarterly statement from your retirement fund over the past few days, chances are it showed large losses. And testifying today on Capitol Hill before the House Education and Labor Committee, the head of the Congressional Budget Off

NPR 2008-10-09

Global financial markets remain severely strained according to Treasury Secretary Henry Paulson who said it underscores the need for fast action on the part of government officials. Paulson said, however, in terms of allocating the 700 billion dolla

NPR 2008-10-10

Stock prices fell sharply in the final half hour of trading today because of continued fears about the banking and auto industries. The Dow Jones Industrial Average lost 7.3% of its value today. NPR's Jim Zarroli reports. Prices were down throughout

NPR 2008-10-11

Treasury Secretary Henry Paulson announced today the administration will move ahead with a plan to buy up stock in financial institutions. The treasury secretary, who met today with finance ministers from the group of seven industrialized nations an

NPR 2008-10-12

Treasury Secretary Henry Paulson is briefing representatives of the so called G-20 including the world's richest nations and the largest developing nations on the steps being taken by the US and other countries to restore confidence in the global fi

NPR 2008-10-13

Stock futures in the US are moving higher this evening in advance of the opening of Asian markets. Investors will be assessing the latest government moves to deal with the global financial crisis. At a summit in Paris today, leaders of the 15 nation

NPR 2008-10-14

After plunging 18% for the five days ending last Friday, the Dow and the other major stock market indices were back to life today, regaining 11% of their losses. For the Dow Jones Industrial Average, it was the single biggest one day point gain by a

NPR 2008-10-15

The federal government, albeit reluctantly, has gotten into the banking business, announcing it would inject 250 billion dollars directly into some of the nation's largest financial institutions. Richard Sylla is an economics professor and financial

NPR 2008-10-16

The chairman of the Federal Reserve Ben Bernanke warned today that an economic recovery will not come overnight. But he said federal officials are using every resource to stabilize the financial markets. NPR's Jim Zarroli reports. Speaking to the Ec

NPR 2008-11-01

With the presidential campaign now coming down to a matter of days, the candidates are getting in some last-minute stumping. Republican John McCain has been barnstorming the state of Ohio. At appearance in Columbus, he was joined by California Gover

NPR 2008-11-02

Vice President Dick Cheney made a rare campaign appearance to stump for Republicans in his home state of Wyoming. He also voiced his support for GOP presidential candidate John McCain. McCain's Democratic rival Barack Obama was quick to pounce on th

NPR 2008-11-03

The presidential candidates are pulling out all the stops to build support in the final two days of the campaign. Bruce Springsteen played at a rally for Democrat Barack Obama in Cleveland this evening. GOP nominee John McCain was stumping in Pennsy

NPR 2008-11-04

The presidential nominees have been dashing through key battleground states and hammering familiar campaign things on this final day before the election. John McCain had seven states on his itinerary. Barack Obama had three. During their all-out pus

NPR 2008-11-06

Some of the results from Tuesday's elections are still being deciphered and analyzed, but there are four Senate races that have yet to be decided. NPR's Ken Rudin has more. In Minnesota with nearly 3 million votes cast, Republican incumbent Norm Col

NPR 2008-11-07

President Bush is promising a smooth transition for the administration of President-elect Barack Obama. Mr. Bush said it would include briefings on issues ranging from national security to the economy and a planned trip to the White House Monday whe

NPR 2008-11-08

President-elect Barack Obama held his first news conference today after meeting with a group of economic advisors. NPR's Chris Arnold reports. President-elect Obama held the meeting with the advisors ranging from Warren Buffett to former Treasury Se

NPR 2008-11-09

The speaker of Iran's parliament is criticizing President-elect Barack Obama for saying it is unacceptable for that country to develop nuclear weapons. Iran's state radio compared the Senator's statement to the hard-line taken by President Bush. Rox

NPR 2008-11-10

President-elect Barack Obama's choice for White House Chief of Staff Rahm Emanuel says Senator Obama will push for a middle class tax cut soon after taking office. President Bush welcomes the President-elect and Mrs. Obama to the White House tomorro

NPR 2008-11-12

The mortgage giants Fannie Mae and Freddie Mac are announcing a new plan to help several hundred thousand homeowners facing foreclosure. NPRs Chris Arnold has more. The move is the biggest step by the government so far to use Fannie and Freddie to h

NPR 2008-11-14

The Senate Banking Committee held a hearing where lawmakers expressed frustration about the continually changing Treasury Department program to help financial institutions. NPR's Yuki Noguchi has more. Banks testified on how they are spending funds