financial bailout

Caught in a political crisis and facing refinancing hurdles, Portugal has come under intense pressure to join Greece and Ireland in seeking a bailout.

The government's heavily criticized $700 billion financial rescue program has earned nearly $35 billion in income over the past two years, according to data obtained by The Associated Press.

Two years after the Fed bought billions of dollars in mortgage securities as part of the financial bailout, it is pressing banks to buy some of them back.

ATHENS (Reuters) - Greece has sealed a deal with the European Union and IMF that opens the door to a multi-billion euro financial bailout and will require big sacrifices from the Greek people, Prime Minister

The Obama administration is setting aside $30 billion from the financial bailout fund for a range of initiatives designed to encourage lending to small businesses to aid the economic recovery.

In this April 16, 2009 file photo, a sign at the Citigroup Center is shown in New York.

The Obama administration plans to channel money from the government's massive financial bailout program to small businesses.

The Obama administration has extended the $700 billion financial bailout program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs and Republicans who say it should be used to shrink soaring budget deficits.