congress

On Tuesday the Big Three automakers are expected to present their bailout proposal to Congress. But in the face of sobering November sales figures, can they keep a united front?

Alisa Roth reports.

On Tuesday, the Big Three automakers are expected to present their bailout proposal to Congress. But in the face of sobering November sales figures, can they keep a united front?

Alisa Roth reports.

With oil now at $50 a barrel, you no longer hear Congress complaining about oil speculators. The irony is there's probably more real speculation going on today than there ever was back in June and July.

Congress passed legislation late Thursday to extend the period of government assistance to Americans struggling in the shrinking job market.

Democratic leaders said Thursday that Congress would return in December to consider extending a $25 billion lifeline for troubled U.S. automakers if the companies devise a "viable" recovery plan.

Some of the nation's largest companies are asking Congress to suspend rules requiring them to contribute more money to pension funds.

Washington Bureau Chief John Dimsdale reports.

President-elect Barack Obama urged Congress on Saturday to work this coming week on a plan to help the country's economy and in particular address unemployment insurance.

Markets in Asia are flat as economic gloom prevails. Europe sees a slight rally in the morning, but falls back at noon. The price of oil drops to a 20-month low.

Congress considers a rescue plan for the auto industry.

The first batch of bailout money released by Congress is going fast. Soon, Treasury will have to go back for the rest.

This time, though, there are likely to be strings attached. Steve Henn reports.

Real people across the country answer the question: How will Obama affect your wallet? And what do you think the new President and Congress needs to do to right the economy?