Economy Nov 12 Home Foreclosures, New Jobless Claims Decline Foreclosure numbers dropped for the third straight month in October, and new claims for unemployment benefits dropped more than expected last week, according to figures released Thursday.
Economy Oct 21 Obama: Small Businesses to Be Offered TARP Help President Barack Obama unveiled plans Wednesday to shift government bailout efforts from Wall Street's banks to Main Street's small businesses by increasing lending and access to credit.
Economy Oct 08 The Personalities and Priorities of Obama’s Economic Team Ryan Lizza, Washington correspondent for The New Yorker magazine, has penned a new account of how the main players on the White House economic team negotiate their different backgrounds and priorities in crafting high-stakes economic policies.
Politics Oct 07 Supreme Court to Hear Case Concerning Cross on Public Land A long-running legal battle over a 75-year-old cross on public land in California culminates today in oral arguments before the Supreme Court, in what legal analysts say could be an important case on the separation of church and state.
Economy Oct 01 Bernanke Calls for ‘Council of Regulators’ Testifying before lawmakers Thursday, Ben Bernanke reiterated a call for the Fed to be given supervisory powers over institutions that pose a systemic risk to the financial system, and proposed that a council of regulators help monitor risk.
Economy Sep 24 G-20 Leaders Urge Financial Reforms, but Dramatic Results Seen as Unlikely As the leaders of the G-20 meet in Pittsburgh to discuss how to overhaul the global financial system, countries are calling for a wide spectrum of reforms. But a dramatic overhaul of how the global economy is run may be…
World Sep 17 Top Indonesian Militant Believed Dead in Raid Indonesia's most-wanted Islamic militant, believed to be the mastermind of two deadly July hotel bombings in Jakarta, has reportedly been killed in a police raid in Central Java.
Economy Sep 14 Obama Urges Sweeping Overhaul of Financial Regulation A year after the collapse of Lehman Brothers set off one of the toughest weeks in Wall Street's history, President Barack Obama delivered a speech Monday outlining "the most ambitious overhaul of the financial system since the Great Depression."…
Economy Aug 21 Bernanke: U.S. Economy Poised for Recovery Federal Reserve Chairman Ben Bernanke offered an optimistic assessment of the U.S. economy's chances for recovery Friday in a much-anticipated speech to fellow central bankers and top economists.
Economy Aug 17 Wessel Answers Questions on the Changing Fed A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in…