The Bush administration unveiled the most sweeping plan to overhaul the U.S. financial regulatory system since the Great Depression on Monday, but admitted that the next president's administration will need to hammer out many details with Congress.

Congressional leaders and the White House announced Thursday that they reached a deal on an economic stimulus package that would give most U.S. taxpayers refunds ranging from $600 to $1,200 and roll out tax breaks for businesses.

Jan 22

No image

After many world financial markets suffered their biggest losses Monday since the Sept. 11 terrorist attacks, the Federal Reserve slashed a key interest rate by three-quarters of a percentage point on Tuesday -- its biggest cut in more than 23…

Latest News