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Associated Press  •  Sep. 18, 2008. 01:20 PM EST

Scrambling to break the grip of a worsening global credit crisis, the Federal Reserve has stepped up action, pumping billions of dollars into...

Associated Press  •  Mar. 17, 2008. 03:14 AM EST

JP Morgan Chase has agreed to buy rival Bear Stearns, a move that contributed to the Fed announcing a cut in the emergency lending rate to fin...