BP began pumping mud-like drilling fluid into the well at 2 p.m. New York time, according to a statement. The effort is aimed at tamping down the gusher of oil and natural gas and then sealing the well with cement. Success... [full story]

Persistent worries that Greece, Spain and other European countries may default on their debts has sent investors scurrying to safety, pushing the U.S. dollar up, yields on U.S. Treasury bills down and stocks to their lowest levels in months.... [full story]

Even Ben Bernanke acknowledges that the United States doesn't have an unalienable right to be the custodian of the world's reserve currency. The U.S. Federal Reserve chief reassured members of Congress Thursday that the... [full story]

U.S. economy sheds another 263,000 jobs in September, a showing far worse than expected, as unemployment rate rises to 9.8 per cent... [full story]

 Regulators expect the cost of bank failures to grow to about $100 billion over the next four years — up from an earlier estimate of $70 billion. Faced with that sobering news, they voted Tuesday to require banks... [full story]

The most important commitment made at the Group of 20 Summit is also the one that will prove the hardest to implement... [full story]

 Tired of the government bailing out banks? Get ready for this: officials may soon ask banks to bail out the government.... [full story]

 A landmark ruling in a recent Kansas Supreme Court case may have given millions of distressed homeowners the legal wedge they need to avoid foreclosure. In Landmark National Bank v. Kesler, 2009 Kan. LEXIS 834,... [full story]

 Gold, silver and gold shares are jumping up. Gold hit a record high this month and all three are in ‘break out’ mode. The time of truth is at hand and it won’t take much more strength to confirm that... [full story]

 If you know where to look, the American consumer is not buying into the U.S. Treasury and Federal Reserve great debt experiment.  Port traffic is still declining and indicators show no sign of a major... [full story]