The Federal Reserve slashed two key interest rates by three-quarters of a percentage point Tuesday following an unscheduled meeting, citing continued concerns about a weakening economy and turmoil in the financial markets.

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The nation’s biggest lenders are getting massive capital infusions from investors in Asia and the Middle East.

Consumers fuel the economy and if they’re strapped, the thinking goes, better get them some cash to spend.

These 15 cross-country spots are among those that experienced the nation’s greatest home-sale percentage price increases since 1990.

Merrill Lynch & Co. reported a quarterly operating loss of more than $10 billion Thursday that was much worse than expected, while it announced an $11.5 billion writedown related to the subprime crisis.

U.S. stocks looked set to slide at Wednesday’s start after disappointing results from JP Morgan further fanned fears that the U.S. economy would fall into a recession.

IBM issued preliminary quarterly earnings Monday that handily beat Wall Street’s estimates, sending its stock soaring.

Guess who’s helping Bank of America pay for its $4.1 billion purchase of Countrywide Financial? Answer: The taxpayers of the United States.

Bank of America came to the rescue of embattled mortgage lender Countrywide Financial Corp. Friday, saying it would buy the company for $4 billion in an all-stock transaction.