The rescue of the two mortgage finance giants will appear on the federal budget as a $25 billion cost to taxpayers, the independent Cong. Budget Office said Tuesday. Officials said that there's no way of knowing what, if anything, a bailout would cost.
In a clearing on Kenya's coastal grasslands, a group of nomadic herders shout down government officials who have flown in from Nairobi to explain the benefits of a proposed $350 million sugar project.
As the price of oil and natural gas soars, many customers are looking to coal as an alternative fuel. That means a boon for suppliers -- and a potential bane for the environment.
NO currency in World History has survived once it is not backed by gold and silver!!! Wake up you hillary and obama lovers. We cannot continue the entitlement programs funded with Paper money created out of thin air!
The fear of seeing a series of regional commercial banks default even made Wall Street panic . . . does everyone remember the last Bu$h bank robbery: Silverado ... it was the greatest bank robbery in history but the Bu$h family wasn't satisfied ...
Oil prices are tumbling for the third straight day and natural gas futures are accelerating a sell-off amid growing concerns about the weakening U.S. economy.Light, sweet crude for August delivery is down $3.50 at $131.10 a barrel on the New York Mercant
When images of nervous bank customers lined up to pull money out of struggling IndyMac (IDMC, news, msgs) were flashed across TV screens earlier this week, I'm pretty sure a lot of people had the same thought I did: Is my money secure?
Al Gore, the Nobel Prize-winning crusader on climate change, challenged the United States on Thursday to commit to producing all U.S. electricity from renewable sources like solar and wind power in 10 years
The institutions that were supposed to help provide a bailout for the housing crisis now have to be rescued themselves. Lee Sustar explains how two giant mortgage companies sponsored by the U.S. government got to the brink of bankruptcy.
Consumers need to be aware that lobbyists for large retailers have convinced some Congressmen to consider legislation that would hurt consumers in the form of higher costs, reduced benefits, less choice and checkout fees every time consumers use credit