Obama vows 'celebration' of American spirit

President-elect Barack Obama said Saturday his inauguration will be more than simply a transfer of power; it should be a celebration of the American spirit.

Ill. governor arrested on corruption charges

Illinois Gov. Rod Blagojevich was arrested Tuesday on federal charges that he brazenly conspired to sell or trade the Senate seat left vacant by President-elect Barack Obama to the highest bidder.

Why not arrest CEOs behind the money mess?

The government's $700 billion plan to rescue the creaking financial system has prompted readers to ask, why can't we just arrest the CEOs responsible for this mess?

House, in second effort, passes bailout bill

The House passed a $700 billion bailout of the financial services industry Friday, reversing itself after members came around to a larger Senate version.

Live vote: Do you support the Senate bailout?

Live vote: Do you support the Senate bailout package?

Senate passes its own bank bailout package

The Senate passed its version of a mammoth rescue plan, saying changes to protect investors and small businesses could persuade reluctant House members to go along.

Bailout vote stuns Washington, markets

World financial markets reeled and stunned lawmakers groped for their next move Monday after the House failed to approve a $700 billion bailout of the financial services industry.

Bush: We are going to pass financial bailout

President George W. Bush said Friday morning that the $700 billion rescue plan for the U.S. financial markets is needed and must be passed quickly.

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