Question: I would like to ask you two simple (some might say “simple-minded”) questions, which may be variants of a single question. No one has yet given me a clear, straightforward answer. Perhaps you can and will. 1) Why does…
By Dave Gustafson
The government's "cash for clunkers" program helped prop up sagging auto sales in July, but the popular program is almost out of cash and the Senate is considering a $2 billion infusion by the end of the week.
Congress might give the government some say in how much Wall Street executives are paid. A former SEC accountant and a law professor give their take on the plan.
The House rushed to inject $2 billion into the cash for clunkers program, and the Associated Press reported that thousands of decaying bridges are suffering under the stimulus package.
New economic figures hinted that the U.S. recession could be slowing down. Jeffrey Brown gets analysis from a banker and a journalist.
By Dave Gustafson
The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, the Commerce Department reported Friday, in a better-than-expected showing that the recession could be winding down.
Paul Solman: The last in our extended interviews on the Fed: Alan Blinder, who served as the vice chairman of the Fed Board of Governors between 1994 and 1996, weighing in on Alan Greenspan’s legacy and what it was…
By Business Desk
Paul Solman: The Federal Reserve has long had a reputation for being secretive. Its closed-door policy has fueled suspicions and countless conspiracy theories since the central bank was established nearly a century ago. And since the Fed has moved rapidly…
Paul Solman: Tonight on the NewsHour, we’re airing a piece exploring the suspicions some people have about the Federal Reserve and the the Fed’s efforts to be more transparent. Amid all the talk of auditing the Fed or having…
Question: Is the $68 billion that big banks are paying back in TARP money going back to the taxpayer or can it be reused by the Treasury in some of its other schemes (e.g.
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