subprime mortgage

  • March 20, 2008  

    In recent weeks, economic turmoil and the role of race in politics have emerged as top national issues. In the second part of the NewsHour’s Big Picture discussion, a group of citizens share their views on the economy and reflect on U.S. race relations. Continue reading

  • March 17, 2008  

    Amid a slumping economy, the Federal Reserve has resorted to some unusual methods to stave off a recession, most notably its role in coordinating the bailout of lending giant Bear Stearns. Economics experts examine the Fed’s action and the state of the credit markets. Continue reading

  • March 14, 2008  

    President Bush and Federal Reserve Chairman Ben Bernanke sought to bolster confidence Friday that U.S. economic growth will recover despite a recent string of bleak economic reports. Two financial reporters examine how the slowdown is impacting American consumers. Continue reading

  • March 13, 2008  

    Treasury Secretary Henry Paulson called for tougher rules for mortgages lenders Thursday, while investment fund Carlyle Capitol faced collapse after defaulting on $16 billion in debt as a string of new reports this week signaled continued weakness in the U.S. economy. Economic experts offer insight. Continue reading

  • January 22, 2008  

    Amid fears of a U.S. economic downturn, global markets suffered steep losses and the Federal Reserve slashed a key interest rate by three-quarters of a percentage point Tuesday — its biggest cut in over 23 years. Financial experts examine why the Fed rolled out the surprise rate cut and the forces behind the market turmoil. Continue reading

  • January 21, 2008  

    Federal Reserve Chairman Ben Bernanke has called for government action to revive the slowing U.S. economy, in a key test of his tenure as the head of the central bank. Two business reporters consider how Bernanke is responding to the economic downturn and how his background has prepared him to be a key decision maker. Continue reading

  • January 18, 2008  

    President Bush Friday proposed a $150 billion economic stimulus package to address the nation’s mounting economic woes. NewsHour correspondent Kwame Holman reports on the announcement, then the NewsHour listens to the analysis of Brooks and Shields. Continue reading

  • January 11, 2008  

    Bank of America plans to acquire Countrywide Financial, the nation’s largest home loan lender, as part of a “rescue deal” intended to help ease the impact of the subprime mortgage crisis. BusinessWeek senior writer Roben Farzad explains the ins and outs of the deal. Continue reading

  • December 6, 2007  

    President Bush announced a deal with mortgage lenders to freeze interest rates on some subprime mortgages due to move sharply higher soon that he hopes would slow the rate of home foreclosures. Economic analysts assess the value of the proposal and U.S. subprime troubles. Continue reading

  • November 30, 2007  

    The government released several new economic reports and Wall Street endured a roller coaster week of trading — all of which served to underscore recent uncertainty about the state of the U.S. economy. Two finance reporters discuss the reports and other economic indicators. Continue reading

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