Jan 22 Watch Economic Woes Raise Questions on Bernanke David Wessel of the Wall Street Journal explains how the Massachusetts election affected Fed Chief Ben Bernanke's chances at a second term. Continue watching
Jan 21 Obama Proposes Restrictions on Big Banks UPDATED 4:45 p.m. ET| Tonight on the NewsHour, Treasury Secretary Tim Geithner explains the thinking behind the president's proposal. He will be followed by Rep. Scott Garrett (R-NJ), a member of the House Financial Services Committee. In a… Continue reading
Jan 21 How Does Goldman Sachs Make Its Profits? Question: How is it that Goldman Sachs and the other Wall Street firms are able to earn such huge profits and pay out such huge bonuses? Do the firms whose CEOs testified before Congress… Continue reading
Jan 21 Thursday's Headlines: Obama to Propose New Limits on Banks Turning the focus from health care to the economy, it was widely reported Thursday morning that President Obama is set to propose new regulations that would limit the size of the nation's largest banks and the scope of the risky… Continue reading
Jan 21 Watch Are Bank Restrictions Enough to Prevent Another Recession? Judy Woodruff speaks with Rep. Scott Garrett, R-N.J., about the proposed restrictions on the nation's financial institutions and how this will affect consumers and the economy. Continue watching
Jan 21 Watch Geithner: Banks with 'Privilege' of Borrowing from U.S. Must Limit Risk President Obama moved to impose new restrictions on banks aimed to discourage the kind of risky behavior that led to the financial collapse. Judy Woodruff speaks with Treasury Secretary Timothy Geithner about the president's proposals. Continue watching
Jan 20 Is Unemployment in Massachusetts to Blame for Coakley's Loss? By Hari Sreenivasan _pap_embed_custom('news01s392cqd89',482,304,""); As the GOP's Scott Brown prepares to head to Washington after his victory in the Massachusetts Senate race, Dante Chinni of the Patchwork Nation project stopped by the Rundown Wednesday to discuss the issues driving the unexpected… Continue reading
Jan 20 Bank Bonuses to Exceed Pre-Crisis Levels By Carolyn O'Hara _pap_embed_custom('news01s3928qd89',482,304,""); With Wall Street banks poised to offer record paydays for employees, Wall Street Journal columnist Dennis Berman explains the latest bank earnings reports and Wall Street's reaction to the Obama administration's proposed tax on big banks. Continue reading
Jan 20 How Can We Base an Economy on Consumption? Question: I have heard and read many times that consumer spending is a major part of our economy. Reading the paper on a recent morning, I read that consumer spending accounts for 70 percent of U.S. economic activity. It is… Continue reading
Jan 19 Kraft and Cadbury Reach Merger Deal After several months of often contentious talks, Cadbury has accepted Kraft's takeover offer, creating the world's biggest confectioner in a deal valued around $19.4 billion. Cadbury had strongly resisted any such deal for months; at one point in… Continue reading