Just a few years ago, men and women on the cusp of retirement may have been feeling very good about their nest egg.
President Bush has described the government’s bailout plan – decried by some as meddling in the free market – as an "essential short-term measure" to free up credit and unfreeze the economy.
Republican presidential candidate John McCain may propose some tax cuts that could inject life into the listless economy, one of his advisors has suggested.
It seems that the current credit crisis has eroded many Americans’ confidence in financial institutions and the government’s ability to set monetary policy.
It seems that each day brings new headlines about financial turmoil and a tumultuous stock market, with the result that the average investor may be uncertain about how to protect their wealth.
Steve Forbes, publisher and editor-in-chief of Forbes magazine, has spoken out against policies that raise taxes in times of financial crisis, claiming that they stifle the economy.
The credit crunch has sent Americans of all ages scrambling to reassess their personal economic situation – including baby boomers who may have assumed they were on the cusp of enjoying their golden years in relative wealth.
President Franklin D. Roosevelt’s "misguided policies" led to the Great Depression lasting far longer than it should have, according to two UCLA economists.
Congress’ approval of a $700 billion rescue package for financial institutions will not prevent more banks from failing in the coming year, analysts have suggested.
Following the passage of a revised $700 billion bailout package by Congress, some people may be wondering what made certain representatives change their vote.