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Huge European bank fails

Read full story for latest details.

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29.09.2008 00:57:10 - Latest financial news - CNNMoney.com

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McCain, Obama: We'll vote for plan

Sen. Barack Obama and Sen. John McCain said Sunday they would probably vote for the government's proposed bailout legislation once they check out the final details.

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28.09.2008 19:23:14 - Latest financial news - CNNMoney.com

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Buffett warns Congress

Legendary investor Warren Buffett warned Congressional leaders Saturday night of "the biggest financial meltdown in American history" if they did not act to secure the financial system.

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28.09.2008 17:40:25 - Latest financial news - CNNMoney.com

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Credit freeze and your paycheck

Is it even harder now for businesses to get credit from banks? No question.

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28.09.2008 17:15:22 - Latest financial news - CNNMoney.com

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Main Street turns against Wall Street

In one frenzied month Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke remade Wall Street. Along the way they may also have recast American politics. A month of historic government interventions shows signs of triggering a political version of climate change - unleashing a new era of class fury that could hurt U.S. companies, business leaders, and wealthy investors for years.

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28.09.2008 17:03:10 - Latest financial news - CNNMoney.com

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Life after your bank fails

When recruiting consultant Fran Quittel heard on her car radio one Friday afternoon in July that her bank, IndyMac, had been seized by federal regulators, she was surprised but unworried. An IndyMac customer for five years, Quittel had both personal accounts and business accounts at the bank, but she was confident her accounts contained less than the $100,000 insured by the Federal Deposit Insurance Corp.

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28.09.2008 16:09:59 - Latest financial news - CNNMoney.com

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Gas prices down 11% from high

Gas prices dropped for their eleventh day in a row, bringing their total decline to about 20 cents over the period, according to a nationwide survey of credit card swipes at gasoline stations.