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With Bold Steps, Fed Chief Quiets Some Criticism


Over a frantic weekend in mid-March, Ben S. Bernanke rewrote the rule book as chairman of the Federal Reserve. Like a military commander applying ove

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U.S. housing slump may exceed Depression: Shiller


An influential economist says the slump in the U.S. housing market could cause prices to fall more than they did in the Great Depression.

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Hedge fund managers make mint on housing crisis


Millions of Americans may be facing the prospect of losing their homes, but a handful of fund managers have become the best paid in their industry

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