Jul 15 Senate Passes Financial Reform Bill Paul Solman: The senate vote guaranteeing the adoption of the financial reform bill is either good or bad, depending on your politics. But no question it tries to address the major issues that seem to have triggered the economic… Continue reading
Jul 15 Senate Passes Financial Reform Overhaul Updated 2:57p.m. ET The Senate gave final approval to a financial reform bill Thursday, voting 60-39 to send the measure to President Obama for his signature. Posted 1:05p.m. ET The Senate cleared a sweeping financial reform bill for final… Continue reading
Jul 15 Thursday: Vote on Financial Reform Nears; BP Set to Proceed on Cap Test The U.S. Senate is planning a final vote Thursday on a sweeping overhaul of financial regulations. At least three Republicans, 55 Democrats and two independents are expected to support the bill, providing the 60 votes needed to overcome… Continue reading
Jul 15 Watch News Wrap: Goldman Sachs Agrees to Settle Civil Fraud Charges In other news Thursday, Wall Street giant Goldman Sachs agreed to pay $550 million to settle civil fraud charges brought by the SEC. Continue watching
Jul 15 Watch Financial Reform Clears Senate After More Than Year of Wrangling After countless battles and revisions, the financial reform bill passed the Senate Thursday on near-party line votes, with the help of a few Republicans who broke ranks. Continue watching
Jul 14 Haiti Aims to Move Residents Out of Tents, Back Into Habitable Homes By Talea Miller With 1.5 million Haitians still living in tent camps, international organizations and the government are struggling to find legally available land for new settlements and ways to decongest the existing camps. The government is now advising people who can return… Continue reading
Jul 14 More Thoughts on Cleveland and LeBron James Question: Paul, I saw your story on LeBron’s economic impact on the city of Cleveland. I thought you might be interested in seeing some other efforts that are aimed at keeping Lebron in town. Here is a link… Continue reading
Jul 14 Fed to Gulf Coast Banks: Help Those Hurt by the Spill By Chris Amico The Federal Reserve urged Gulf Coast banks Wednesday to help customers get through what is sure to be a tough road ahead economically due to the ongoing oil disaster. In response to this disaster, financial institutions can… Continue reading
Jul 14 Wednesday: BP Delays Test on New Cap; Eight Americans Killed in Afghanistan By Tom LeGro Oil continued to flow into the Gulf of Mexico on Wednesday as the plan to start slowly shutting off valves on the new cap over the well was suddenly halted. Government officials and BP said further analysis must… Continue reading
Jul 14 Watch News Wrap: Federal Reserve Lowers Economic Growth Forecast In other news Wednesday, the Federal Reserve said that its latest estimate for economic growth will not be as high as it predicted in April. Continue watching