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Thursday was shaping up to be another tumultuous day in the financial markets. Stock prices were falling after a big selloff in Asia and Europe. The trouble seems to have started in China.

Trump Entertainment Resorts will file for bankruptcy this week, according to a report from Bloomberg. Donald Trump, who hasn't run the casinos in years, filed a lawsuit to remove his name from them.

The Federal Reserve swooped in quickly to prevent Wall Street titan Bear Stearns from going bust and triggering a panic on Wall Street. It's not a bailout in the sense of a taxpayer rescue of a corporation. But it is part of a more activist approach to the credit crisis by both the Fed and the Bush administration's economic team.

Leaders of the Group of 20 nations approved more than $1 trillion of additional resources for the International Monetary Fund and World Bank. They also agreed on a regulatory crackdown that will bring hedge funds and other financial institutions under tighter global supervision.

The nation's gross domestic product went negative in the third quarter, falling by 0.3 percent. Consumer spending was especially weak, falling more than 3 percent in the period. That's the sharpest drop in spending in 28 years.

The economy was a major theme last week for both presidential campaigns. We hear some of what was said.

When he was President Bush's top budget advisor, Mitch Daniels had a reputation as a tax-cutter. But since becoming Indiana's governor, he has proposed a tax increase to help solve the state's budget troubles.

The alluvial plain that is the Mississippi Delta was once home to a thriving cotton plantation economy. But the decline of manual labor and exodus of manufacturing jobs have made difficult conditions worse in one of the nation's poorest regions.

Renee Montagne talks to Zanny Minton Beddoes, of The Economist magazine, about the economy in the United Kingdom, and the debate over whether austerity measures are working.

In an NPR interview, former Federal Reserve Chairman Alan Greenspan weighs in on the Fed's recent move to cut interest rates by half a point and about President Bush's economic and tax policies.