Jan 27 Fed Votes to Hold Interest Rates Near Zero The Federal Reserve, as expected, announced Wednesday it will keep interest rates near zero "for an extended period" to help support an uneven economic recovery. Sounding a somewhat upbeat tone, the Fed said "that economic recovery has continued… Continue reading
Jan 27 Watch Geithner Defends AIG Bailout at Fiery Hearing Under fire from lawmakers Wednesday, Treasury Secretary Timothy Geithner defended the bailout of insurance giant AIG as "in the best interests of the American people."… Continue watching
Jan 27 Watch Unmasking Interest Rates, Honky-Tonk Style In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard. Continue watching
Jan 25 Bernanke’s Confirmation Gaining Support Ben Bernanke's chances of winning a second term as Federal Reserve chairman are looking up Monday after a White House push over the weekend to reverse rising populist sentiment against his confirmation. "He's going to have bipartisan support in… Continue reading
Jan 22 Bernanke’s Road to a Second Term Faces New Obstacles Updated 5:46pm ET Senate Majority Leader Harry Reid issued a statement late Friday, signaling his endorsement of Ben Bernanke for a second term as Fed chairman. Here's part of what Reid had to say about the decision:… Continue reading
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 19 Watch News Wrap: Mass. Votes to Fill Senate Seat Long Held by Kennedys In other news, the vacant Senate seat in Massachusetts was up for grabs on Tuesday, and in Afghanistan, two U.S. troops were killed by a roadside bomb in the south. Continue watching
Jan 12 Watch Obama Administration Eyes Tax Hikes for Bailout Banks Word trickled down that the federal government will impose tax hikes on major financial institutions. Judy Woodruff speaks with experts about what this could mean for the economy. Continue watching
Dec 17 Watch Other News: Mullen Visits Front Lines in Afghanistan In other news, Adm. Mike Mullen traveled to the front lines in Afghanistan on Thursday to urge tribal leaders to clean up corruption within their ranks, and U.S. drone strikes in Pakistan killed at least 17 people near the Afghan… Continue watching
Dec 16 Watch Battle Lines Drawn Around ‘Person of the Year’ Amid nationwide dissatisfaction with the economy, Time Magazine's "Person of the Year" Ben Bernanke faces some opposition in Congress as he looks to serve another term as Federal Reserve chairman. Kwame Holman reports, and then Jim Lehrer speaks with economic… Continue watching