Time works against candidates on Social Security, Medicare fixes

Social Security and Medicare long have been considered the nation's fiscal time bombs, and the ticking is getting louder.

Leader hopeful on coordinated Euro crisis response

President Nicolas Sarkozy said he expects a meeting of 15 European leaders Sunday to produce an ambitious, coordinated plan to battle the effects of the global financial crisis.

Rudd guarantees all financial...

THE federal Government will guarantee all money deposits of any size for the next three years as a key step towards safeguarding the nation from the impact of the global financial crisis.

Australia guarantees bank deposits to combat crisis

Australia will guarantee all bank deposits for three years and guarantee wholesale funding to Australian banks in an attempt to combat the global credit crisis, Australian Prime Minister Kevin Rudd said on ...

More lies

There's a new claim started by the Republicans that the entire subprime mortgage crisis was started by Democrats and their friends at Fannie Mae and Freddie Mac.

Britian 'to launch its biggest bank bail-out'

The Government is to launch its biggest retail bank rescue on Monday, according to reports.

Ireland's economy ends long winning run

Davey McKeever was down to his last bet slip of the night, crumpled in a sweaty fist, at the Shelbourne Park greyhound track. The remnants of McKeever's first unemployment check would rise or fall on the ironically named Nest Egg.

When the jet-black greyhound fell behind at the bend, the recently ...

Data prove untrue charges that push for affordable housing caused crisis

As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to make housing more affordable to lower-class Americans has taken off on ...

Chrysler, GM discuss merger, acquisition

The Wall Street Journal, citing people it described as familiar with the discussions, reported that Cerberus Capital Management, the private equity firm that owns 80.1 percent of Chrysler and 51 percent of GMAC ...

All that money you've lost _ where did it go?

Trillions in stock market value _ gone. Trillions in retirement savings _ gone. A huge chunk of the money you paid for your house, the money you're saving for college, the money your boss needs to make payroll _ gone, gone, gone.

Whether you're a stock broker or Joe Six-pack, if you have a 401(k),...

UAE mortgage giants in merger talks

The surging Dubai and Abu Dhabi property markets received a major boost on the weekend with news that the UAE's biggest mortgage lenders are in talks over a possible merger.

'Pensions At Risk In Global Crisis'

Millions of people with pension schemes that invest primarily in shares may not be aware of the risks to their retirement nest egg, a non-profit organisation has warned.

'Deposits in banks safe; no reason for anxiety'

Assuring depositors that their money was safe in banks, Reserve Bank of India Governor D Subbarao on Saturday said the central bank was geared to inject more liquidity into the country's financial system and ...

Profiteers stalking opportunity

When financial panic sweeps Bedford Falls in the 1946 movie It's a Wonderful Life , the villain, Mr.

Text of G-7 plan of action

Text of G-7 finance ministers and central bank governors' plan of action, as provided by the Treasury Department:

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The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow o...