Money Market Account

The Bank of England slashed interest rates to their lowest level since 1951 on Thursday but said further steps would be required to prevent a credit squeeze tipping the country's economy into a deep recession. Both the government and the central bank ...

WASHINGTON -- Even though the chairman of the Senate Banking Committee warned that a collapse of Detroit's Big Three automakers could throw the economy into a cataclysmic tailspin, two senators said it remained uncertain whether Congress could act on ...