government officials

Japan, the world's second-largest economy, is in a recession, government officials announced Monday.

Many lawmakers who approved the $700 billion bailout for the financial industry are wondering if it does too much for banks and too little for homeowners facing foreclosure.

Government officials handling the bailout told a Senate panel Thursday that they are working to help homeowners avoid foreclosure.

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Insurance and banking group ING is to receive a cash injection from the Dutch government, officials say.

Iceland is one of the more dramatic casualties of the global financial crisis. Government officials seized control of the country's biggest bank Thursday, trying to shore up its banking system.

It's the third time this week it has had to nationalize a troubled major bank. Iceland's banks were especially aggressive during the global credit boom, and took on enormous amounts of debt.

When that credit boom went bust, Iceland banks were hammered. Earlier this week, the prime minister warned the entire country could go bankrupt.

Industry representatives, government officials, and consumer advocates discuss how to encourage growth of the identification technology while addressing privacy concerns.

The arrival of the 2008 hurricane season's biggest storm to date has South Texas residents and federal and local government officials talking about the construction of a border wall for a new reason: the security and stability of border towns during hurricane season.

Shares of Freddie Mac and Fannie Mae were losing ground again Monday, as early gains evaporated despite plans unveiled by government officials to support the battered mortgage giants.

Hundreds of people have been arrested for alleged mortgage fraud as part of an investigation by the FBI and Justice Department that began March 1, government officials told CNN Thursday.

The improved security situation in Baghdad has allowed government officials to reclaim abandoned government property.

Squatters are being kicked out — often with no warning. Displaced Iraqis had been living in the buildings after they were forced to flee their homes because of fighting.

Now, they find themselves homeless again.

Because of various glitches, government officials plan to scrap plans to use handheld devices, like the one shown during a test phase here, to collect data from households that don't mail in their 2010 Census forms.

The GPS-enabled gadgets are still expected to be used, however, to help compile ...