TOKYO - Moody's Investors Service cut its credit rating on Tokyo Electric Power Co to junk status on Monday and kept the operator of Japan's cripp...

Public morality falls to a new low-level when outrageous acts are revealed but rather than being soon corrected -- they are excused.

We listed the 12 largest U.S. banks by assets, as of Dec. 31, ignoring foreign-owned banks, Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) (tho...

By offering short-term loans, the government would be using taxpayer money wisely to stimulate banks to reform their lending practices.

Wall Street helped produce the global financial and economic crisis. Now, as the Obama administration prepares to unveil a revised bailout plan for th...

As credit card holders who carry unpaid balances know, most credit card companies reserve the right to raise interest rates at most any time for most any reason.

For years, we have been exporting pollution and excess to the rest of the world, in the form of gas hogs that don't work, suck up cash and destroy the environment.

WASHINGTON -- The Treasury Department has failed to address a number of critical issues while implementing the $700 billion financial rescue plan, inc...

The head of a new Congressional panel set up to monitor the gigantic federal bailout says the government still does not seem to have a coherent strate...

WASHINGTON — Treasury Secretary Henry Paulson said Monday that the administration is looking for more ways to tap a $700 billion financial rescu...

Market fear reached such a high last week that JP Morgan CEO Jamie Dimon found he could not get on a plane to Saudi Arabia without arousing suspicions...

How these three CEO's have acted is a classic teachable moment. They've practically written the curriculum for the class on how to alienate the American public by their actions.

While there is room for improvement among nonprofits doing foreclosure prevention, this observation made by the Times is like blaming the troops in Iraq for not policing enough territory.

WASHINGTON — Rushing to rescue Citigroup, the government agreed to shoulder hundreds of billions of dollars in possible losses at the stricken b...

These overpaid, egomaniacal "players" should heed Romney's counsel and start playing sensibly, like honorable men. And their first ante in this new game should be their own prompt resignation.

Barack Obama faces a choice between feeding the political sphere's Wall Street addiction and investing in economic progress.

ProPublica has been keeping track of the numbers, in millions, of dollars doled out by the government to troubled banks. The list doesn't include all ...

And let's not hear another word about how government control is somehow a move towards socialism. Tough times requires touch choices and difficult dec...

WASHINGTON — The chairman of the House Financial Service Committee accused financial institutions on Friday of "distorting" the government's $70...

More importantly, the WSJ gets at the real problem here. In addition to running on fumes and fearing for their own futures, the banks aren't lending b...

Whenever the economy comes crashing down, journalists try to figure out what went wrong, and their first target is frequently each other. Two weeks ag...

Below is the text of a letter sent on October 28, 2008 from Rep. Henry Waxman, chairman of the Committee on Oversight and Government Reform, to the he...