U.S. stocks fell for a seventh straight session, one year to the day that the DOW peaked above 14,000.

On Thursday the federal government considered yet more action to revive credit markets still strangled by the U.S. mortgage meltdown.

The Dow slipped 189 points, Asian markets rallied, Russia and Indonesia remained closed after the Fed and six other banks slashed interest rates.

Everyone seems to be tightening their belts a bit these days. But when people do go to make a purchase, you may be surprised by how they are paying for it.

NEW YORK (Reuters) - Countries scrambled to slow the growing global financial crisis on Tuesday and Wall Street braced for the day after a massive sell-off, nervous about corporate earnings and hoping Fed Chairman Ben Bernanke might offer a ray of hope.

Still the Dow lost 370 points yesterday in yet another day of extreme volatility and worldwide worries about the financial crisis and stubborn credit, even after the 700 billion dollar U.S. bailout.

The government is considering a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is threatening the economy.

NEW YORK (Reuters) - As part of a settlement with state attorneys general that could be worth as much as $8.6 billion, Bank of America Corp said Monday it would cut interest rates and principal on some troubled mortgages originated by Countrywide Financial Corp.

SAN ANTONIO, Texas (Reuters) - Restoring confidence in the financial system and freeing up credit will take time, President Bush said Monday as the government begins implementing the $700 billion rescue plan signed into law last week.

Global stocks plunge on fears credit crisis will widen

Each argues the other has shady connections, and Barack Obama says the economy is at stake.

From car dealerships to delicatessens, the country’s economic woes are hitting home.

After days of negotiations over the massive 700-billion-dollar Wall Street bailout, Treasury Secretary Henry Paulson is saying, “I think we’re there.“

A sudden financial jolt — such as the wave of layoffs that recently rattled the lives of some Wall Street workers — could leave you scrambling to pay rent and eking by on credit cards.

President Bush told the nation Wednesday night we’re in the midst of a “serious financial crisis” that could turn into “financial panic.“