• Sen. Kennedy Taken to Hospital from Cape Cod Home Friday, 26 Sep 2008 | 8:18 PM ET

    Sen. Edward Kennedy, who is being treated for brain cancer, has been taken to a hospital near his Cape Cod vacation home after complaining of feeling ill.

  • A Paulson-Cantor Plan Is a Win-Win for Taxpayers   Friday, 26 Sep 2008 | 4:20 PM ET

    The single-biggest mistake in the Paulson bank-rescue-plan marketing effort has been the failure to explain clearly how taxpayers are going to recoup $700 billion used to buy toxic assets at auction in order to unfreeze the banking system.

  • The U.S. Mint is temporarily halting sales of its popular American Buffalo 24-karat gold coins because it can't keep up with soaring demand as investors seek the safety of gold amid economic turbulence.

  • Busch: The 4 Act Financial Bailout TV Show Friday, 26 Sep 2008 | 10:04 AM ET

    As we watch the TARP support unravel in an ugly way on Capitol Hill, the situation is closely resembling the core structure of every successful television show from "House" to "Baywatch." Let's run through this 4 act comedy/drama.

  • 2008 Clinton Global Initiative Summit Thursday, 25 Sep 2008 | 6:32 PM ET

    The financial crisis roiling markets in the U.S. and around the world underscores the importance of taking a global perspective, former President Clinton said at the start of his summit of world leaders and celebrities.

  • Dow Jumps 200 Points as Bailout Deal Nears Thursday, 25 Sep 2008 | 5:14 PM ET

    Stocks logged a 200-point gain amid news that lawmakers are close to reaching an agreement on a Wall Street bailout.

  • 30-Year Mortgage Rates Jump after 5 Weeks of Declines Thursday, 25 Sep 2008 | 3:10 PM ET

    Rates on 30-year mortgages, which had been falling for five weeks, jumped sharply this week, reflecting the turbulence in global credit markets.

  • The President Last Night Thursday, 25 Sep 2008 | 10:00 AM ET

    I thought he was pretty good. Kinda gave us some economic history about the mortgage credit collapse. Might have said a bit more on the taxpayers making good money as the mortgage loans are auctioned off and then worked out profitably.

  • Obama Rejects McCain's Call for Debate Delay Wednesday, 24 Sep 2008 | 6:08 PM ET
    John McCain and Barack Obama

    The economic crisis and raw politics threatened to derail the first presidential debate as John McCain challenged Barack Obama to delay the Friday forum and join forces to help Washington fix the financial mess. Obama rebuffed his GOP rival, saying the next president needs to "deal with more than one thing at once."

  • Americans Split on Bailout Plan: NBC/WSJ Survey Wednesday, 24 Sep 2008 | 4:59 PM ET

    Americans are split on supporting the Bush administration's rescue plan for Wall Street, according to a new NBC News-Wall Street Journal poll.

  • Gross: Bailout of Wall Street Will Help Main Street Wednesday, 24 Sep 2008 | 3:27 PM ET

    The Treasury’s bailout plan for Wall Street will also benefit Main Street, Bill Gross, founder and chief investment officer of investment management firm Pimco, told CNBC Wednesday.

  • How to Trade the Bailout: Buy Only the Best in Banks Wednesday, 24 Sep 2008 | 1:47 PM ET
    New York Stock Exchange

    In whatever form it takes, the government rescue plan for the nation's financial system should provide an entry point for investors looking to buy bank stocks again.

  • Clinton Summit to Focus on Financial Crisis, Other Topics Wednesday, 24 Sep 2008 | 1:13 PM ET

    The financial crisis roiling markets in the U.S. and around the world underscores the importance of taking a global perspective, former President Clinton said at the start of his summit of world leaders and celebrities.

  • Bailout Bill: The Only Question Is, What Will Be In It Wednesday, 24 Sep 2008 | 12:51 PM ET

    It's not a question of whether a bill will pass. Rep. Frank has said that efforts are already underway to come up with a joint Senate-House bill to give the Treasury Department authority to buy mortgage assets.

  • Bernanke: "...This Is A Matter For Psychology."  (UPDATE) Wednesday, 24 Sep 2008 | 11:02 AM ET

    That's what Mr. Bernanke said to Senator Schumer, who has been pressing both Mr. Bernanke and Treasury Secretary Paulson for some agreement that would provide a lesser amount (say $150 billion) initially, and then have the next administration vote on providing more funds.

  • Give Paulson a Clean Bill Wednesday, 24 Sep 2008 | 8:49 AM ET

    Keep France and Soviet Style policies out of the rescue plan. Honestly. A clean bill as requested by Treasury man Henry Paulson, along with John McCain’s oversight board, can help fix the credit-crunch problem. It needn’t be this hard.

  • Warren Buffett tells CNBC he's making a $5 billion investment in Goldman Sachs because "the price was right, the terms were right, and the people were right."  He also made it clear that he would not have bought anything right now, if he wasn't confident Washington will do the "rational" thing and approve the financial bailout proposal put forward by Treasury Secretary Henry Paulson.

  • Bailout Deal Will Get Done This Week: Schumer Wednesday, 24 Sep 2008 | 8:06 AM ET

    Congress will act on the government's proposed $700 billion rescue plan for the nation's banking industry before the end of the week, though it likely will be different than what's on the table, Sen. Charles Schumer said Wednesday.

  • No Bailout Would Mean "Carnage" for Markets: Analysts Wednesday, 24 Sep 2008 | 7:58 AM ET

    Speedy Congress approval for a $700 billion plan to bail out the U.S. banking system is paramount to avoid a meltdown of the markets, analysts told CNBC on Wednesday.

  • Bowyer: The Bowyer Bailout Alternative Tuesday, 23 Sep 2008 | 3:44 PM ET
    Jerry Bowyer

    I just got off the phone with Ed Lazear (Chairman of the President's Council of Economic Advisors), and he made a good case for the severity of the crisis, esp. negative interest rate on t bills.

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