Jul 22 Watch Bernanke Signals Slow Recovery, Defends Fed’s Powers Fed chief Ben Bernanke told a Senate panel on Wednesday that economic recovery should begin soon, albeit slowly at first. A financial analyst and a lawmaker speak with Ray Suarez about the testimony. Continue watching
Jul 21 Watch Bernanke Details Stimulus Exit Plan to Congress Despite recent improvements in the economy, the Federal Reserve will keep interest rates near zero, chairman Ben Bernanke told lawmakers Tuesday. Greg Ip of "The Economist" examines the chairman's testimony with Gwen Ifill, and discusses the central bank's plans to… Continue watching
Jul 21 Watch Other News: Bailout Funds Come Under New Scrutiny In other news, lawmakers asked new questions on the spending of federal bailout dollars, and the Senate Judiciary Committee has delayed a vote on Supreme Court nominee Sonia Sotomayor by one week. Continue watching
Jul 20 Ask Fed Chief Ben Bernanke About the Economy By Business Desk Paul Solman: My longtime motto: There is no big time. But if there were, this might be your chance to become part of it. You can pose an economic question here — not to me or even one of my… Continue reading
Jul 17 Bank of America, Citigroup Report Strong Profits By PBS News Hour Two ailing banks that just a few months ago symbolized many of the troubles afflicting the American banking system posted strong second-quarter profits Friday, exceeding analysts' expectations. Continue reading
Jul 16 Watch Paulson Defends Bank of America-Merrill Lynch Deal Former Treasury Secretary Hank Paulson testified Thursday in the third and final House hearing looking into the government's role in the Bank of America purchase of Merrill Lynch. Jim Lehrer discusses the hearings with Binyamin Appelbaum of the Washington Post. Continue watching
Jun 17 Watch Other News: Chrysler to Reopen 7 Plants In other news, Chrysler said it will reopen seven auto plants, and the National Security Administration's domestic surveillance program may have been broader than first realized, according to The New York Times. Continue watching
Jun 11 Watch Lawmakers Examine Bank Purchase of Merrill Lynch Officials from the Treasury Department and Federal Reserve pressed Bank of America into purchasing Merrill Lynch last year, the bank's chief executive Ken Lewis told a House committee. Spencer Michels reports on the hearing. Continue watching
Jun 10 Watch After Chrysler Deal, Fiat to Face Tough U.S. Car Market Chrysler finalized the sale of its assets to Italian automaker Fiat Wednesday after the Supreme Court cleared the way for the deal. Analysts examine the future for the newly merged company. Continue watching
Jun 09 Watch Deciphering the Results of Banking ‘Stress Tests’ NewsHour economics correspondent Paul Solman explains how stress tests played into the government's decision to let ten big banks pay the Treasury back for the money they received from the federal rescue. Continue watching