Apr 28 Watch News Wrap: European Markets Reel as Spain’s Debt Rating Slides In other news Wednesday, the European debt crisis escalated as Standard and Poor's credit rating agency downgraded Spain's debt, and the Federal Reserve said it will leave interest rates unchanged for the time being. Continue watching
Feb 22 Watch Credit Card Customers Now Subject to New Protections, Rules New credit card regulations went into effect on Monday, intended to protect consumers from unfair billing practices. Jeffrey Brown discusses the impact of the changes with Adam Levin of Credit.com and finance columnist Gail MarksJarvis. Continue watching
Aug 12 Fed Holds Key Interest Rate at Record Low The Federal Reserve announced Wednesday that it will keep short-term interest rates at a record low in order to further stabilize the U.S. economy. But it signaled confidence in the recovery, saying economic activity is "leveling out."… Continue reading
Aug 06 Are Credit Card Companies Raising Rates to Repay the Government? Question: I received a call from my sister this morning asking me for help regarding her credit card debt. According to her bank and credit card issuers, they are raising their credit card interest rates because they have to pay… Continue reading
Jul 31 Tales From the Fed: Blinder on Greenspan 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… Continue reading
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
May 20 Watch Credit Card Industry Braces for Big Changes Congress' credit card reform bill will prevent companies from arbitrarily raising interest rates, but it could also tighten available credit. A reporter explains the measure. Continue watching
May 20 Watch Congress Debates Gitmo Prisoners, Credit Cards, Guns Kwame Holman reports on the day's Capitol Hill debates, which included resistance to the president's plan to close Guantanamo Bay and passage of a credit card reform bill to protect consumers that included a measure legalizing guns in national parks. Continue watching
May 20 What Congress’ Credit Card Regulations Could Mean for Cardholders, Companies By Admin, PBS News Hour After clearing Congress, the Credit Cardholders' Bill of Rights is headed to President Barack Obama's desk to be signed into law by the end of the month. Continue reading
May 19 Why Are Credit Card Companies Raising Rates on Good Borrowers? Question: My wife’s credit card has been paid off in full, every month, for at least 10 years running (since we have been married). In fact, there usually is a 2-3 dollar “credit” balance every month. (I always round up… Continue reading