Maura Reynolds

Following eight years of budget practices that often camouflaged the full extent of federal spending, President Barack Obama is planning a new strategy of putting as many of the expected...

Until Wednesday, counselors working on the bleak front lines of Chicago's housing crisis took satisfaction in small victories, the stories of individual families they were able to keep in their...

Spooked by the deteriorating economy, businesses are continuing to shed jobs at an alarming rate, pushing the unemployment rate to 7.6 percent, its highest level in 16 years. The latest...

With the economy still spiraling downward and the political landscape in flux, the Senate on Monday opened debate on an $885 billion stimulus plan that faces bipartisan questions about whether...

The Obama administration is working on a comprehensive recovery strategy to address the escalating crisis in the financial system, the rising tide of home foreclosures and the need to jump-start...

WASHINGTON -- Pressing his bid for a fresh burst of government spending, President-elect Barack Obama on Wednesday announced he is creating a new position: a "chief performance officer" to kill...

The Bush administration asked Congress on Saturday to grant sweeping new powers to the Treasury secretary to buy as much as $700 billion in deeply troubled mortgage-related assets as part...

The government issued a trifecta of bad news for consumers Thursday that roughly added up to this: If your wallet seems thinner than it used to be, it's not your...

Fresh concerns about the troubled housing and mortgage markets were triggered Thursday by speculation that the government will be forced to bail out Fannie Mae and Freddie Mac, the twin...