The U.S. Treasury Secretary Tim Geithner just released the Public Private Partnership Investment Program that aims to stabilize the U.S. banks and help to promote the economy. Bellow are the complete details of the investment program.

The U.S. economic chief is expected to announce a new plan Monday to help banks get rid of the toxic assets that are clogging the financial system.

The finance ministers of world's top 20 richest countries meeting in UK disagree if more government spending is needed to stimulate economy. The meeting includes Finance ministers from US and Europe.

Many watched the Daily Show last night as John Stewart was grilling Jim Cramer for misleading the people and the investors for the past years. I have never seen Jim Cramer in such a pity situation than in this show.

Wishful bettors, those who make overly optimistic investments, will ultimately harm themselves financially, but they can harm entire markets as well, new research shows.

When the economy worsens, what happens to diversity programs and affirmative action policies in the workplace?

One-third of Americans are losing sleep over the state of the U.S. economy and other personal financial concerns, according to a new poll released today by the National Sleep Foundation (NSF). The poll suggests that inadequate sleep is associated with unhealthy lifestyles and negatively impacts health and safety.

According to the Federal Deposit Insurance Corporation (FDIC), a record number of banks for calendar a month, have failed in the United States in February.

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported a net loss of $26.2 billion in the fourth quarter of 2008, a decline of $27.8 billion from the $575 million that the industry earned in the fourth quarter of 2007 and the first quarterly loss since 1990.

The chief executives of eight leading U.S. banks are facing tough questioning from lawmakers about how they have spent emergency funding from the government. The CEO's from Bank of America, JP Morgan Chase and Co, Citigroup, State Street, Bank of New York, Wells Fargo, Morgan Stanley and Goldman Sachs shared testifying before the House of Representatives Financial Services Committee Wednesday to defending their spending practices.

A deep and lingering credit crisis is throttling investment in moneymaking projects that could help jump-start a U.S. economy mired in its worst downturn in decades, a new survey of corporate executives shows.

Maria Bartiromo just few minutes ago wrapped up a very interesting discussion at the World Economic Forum in Davos which basically concluded that the fundamental stupidity and publicly held general beliefs led to this global financial and economic crisis.