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Obama and governors to talk state aid
6:10pm: The nation's governors on Tuesday will make their case to the president-elect for federal money to stem the economic downturn. Experts say the sooner aid is given, the better. more
Paulson: Feds to expand rescue
5:35pm: Treasury Secretary Henry Paulson said more needs to be done. The agency is 'actively' developing additional programs to boost lending. more
Bernanke: Economic weakness to continue
5:42pm: Fed chief says economic outlook remains weak, and the Fed will continue to use its tools to fight the crisis - but rate cuts may not be coming. more
Schwarzenegger declares emergency
6:15pm: The state's governor calls lawmakers into a special session to address the state's $11.2 billion deficit.  more
JPMorgan Chase to cut 9,200 WaMu jobs
5:17pm: The New York City-based bank, which acquired the collapsed bank, is eliminating more than 20% of WaMu's work force.  more
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