Fed Chairman Ben Bernanke has warned that the economic turmoil that we have fave recently will likely follow us into the future. He said that the Federal Reserve will continue to use its power to try to improve market function and liquidity.

President Bush said that the recently approved bailout plan will not help the economy immediately, but will work out in the long run. He said that the $700 Billion will not be a total loss and will not end up costing so much. According to the President, the assets that will be [...]

Recent hurricane activity caused oil prices to rise recently, but the price for a barrel of light sweet crude briefly fell below the $100 dollar mark on Thursday, while the average price of gas in the US went up one cent to $3.63 that day.