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Questions to ask before you buy a home You should definitely think about whether you can afford something before purchasing it. We've got a list of things to consider before you buy a home. ...

Obama Pledges to Work with Governors on Economy President-elect Barack Obama and Vice President-elect Joe Biden met with the nation's governors Tuesday at the National Governors Association meeting. The governors asked the president-elect for federal money to help them get their states back on track. (CNN) ...

Schwarzenegger Declares Fiscal Emergency Calif. Gov. Arnold Schwarzennegger declared a fiscal emergency Monday in response to the state's deteriorarting finances. The Governor warned that California could run out of money within two months. (Los Angeles Times) ...

Economy Officially in Recession The National Bureau of Economic Research announced Monday that the U.S. has been in a recession since December 2007. The NBER is a private group of economists responsible for determining the official start and end date of economic downturns. (CNN) ...

Team Obama offers hopeful economic signs Since Obama's economic appointments were announced, there has been a sharp rise in major market averages to a tune of about 15 percent. ...

Your step-by-step guide to the bailout A timeline of the bailout and economic turmoil throughout 2008. ...

Bailout Plan Increases to $800 billion The Federal Reserve and Treasury Department announced a new plan to pump $800 billion into the struggling economy Tuesday. This will lead to a headstart for banks to begin lending to consumers and small businesses. (CNNMoney.com) ...

A look at who isn't using mainstream banks There are 28 million "unbanked" and 44.7 million underbanked people nationwide, who have no relationship with a financial institution. ...