Sen. Charles Schumer, D-N.Y., said Wednesday he believes the credit crisis may get worse and that regulatory failings helped fuel the problems rocking the economy.
Hey, what about my job?
The credit crisis is taking its toll on financial firms, leaving many people on Wall Street out of work and many more uncertain about whether they will lose their jobs in the coming months.
Oil back above $100
Oil prices zoomed back above $100 a barrel Friday as some hope was restored on Wall Street that a government bailout could help ease the credit crisis that has put a stranglehold on the U.S....
Schumer: Don't blame me for IndyMac failure
Sen. Charles Schumer said Sunday the Bush administration is trying to "blame the fire on the person who calls 9-1-1" by suggesting he had a role in one of the costliest U.S. bank failures.
What the selloff means
Thursday's stock market selloff reflects a sobering truth: Nine months of strong medicine have failed to cure the credit crisis and left the economy in a weakened state.
Wary on Wall Street
U.S. stock futures drifted early Thursday, as worries about inflation and the economy kept investors wary.
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