Sep 14 Obama Urges Sweeping Overhaul of Financial Regulation By Carolyn O'Hara A year after the collapse of Lehman Brothers set off one of the toughest weeks in Wall Street's history, President Barack Obama delivered a speech Monday outlining "the most ambitious overhaul of the financial system since the Great Depression."… Continue reading
Sep 14 Reporting the Crisis By Business Desk Paul Solman: This week marks the anniversary of the collapse of Lehman Brothers and one of the most extraordinarily tumultuous weeks Wall Street has ever had. So, in reflecting on those events and the subsequent year, I thought I’d offer… Continue reading
Sep 02 If Big Banks Were Allowed to Fail, Would the FDIC Need a Bailout? Question: Some have said that big banks, like Citi or Bank of America, should have been allowed to fail. Given their size, could the FDIC really have covered the insured deposits? Or would the… Continue reading
Aug 25 Obama Taps Bernanke for Second Term at Fed Ending speculation that he might appoint a new central bank chief, President Obama said he would nominate Fed Chairman Ben Bernanke for a second term Tuesday as the administration continues its efforts to stabilize the embattled U.S. economy. Continue reading
Aug 25 Watch As Bernanke Tapped for a Second Term, U.S. Deficits Appear Likely to Soar Judy Woodruff speaks with journalists about federal deficit projections and President Obama's nomination of Federal Reserve chief Ben Bernanke for a second term. Continue watching
Aug 21 Watch Fed Chairman Upbeat on Prospects for Economy Ben Bernanke offered a hopeful forecast for the U.S. economy Friday, saying "prospects for a return to growth in the near term appear good." Economists weigh in on the outlook. Continue watching
Aug 21 Bernanke: U.S. Economy Poised for Recovery By Carolyn O'Hara Federal Reserve Chairman Ben Bernanke offered an optimistic assessment of the U.S. economy's chances for recovery Friday in a much-anticipated speech to fellow central bankers and top economists. Continue reading
Aug 21 Watch Reviving the Economy Tests Convential Views on Inflation With the economy showing hints of a recovery, the threat of inflation is testing policy makers at the Federal Reserve as they work to determine how quickly to unwind emergency moves taken during the height of the financial crisis. Paul… Continue watching
Aug 17 Wessel Answers Questions on the Changing Fed By Carolyn O'Hara A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in… Continue reading
Aug 14 Consumer Prices Go Unchanged in July By Online DA The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation. Continue reading