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President Barack Obama cast a new focus on the budget deficit Monday, announcing a goal of halving the $1.3 trillion gap by the end of his first term. Analysts weigh the goal.
In the latest of his series of reports on the financial crisis, Paul Solman speaks to the founder of an organization funding creative public service ads on saving money.
The Fed has been extraordinarily active in recent months, and there are some calls now to expand its future role as a financial regulator. Analysts examine the Fed's evolving role.
The Fed slashed the target for a key interest rate to a record low of zero percent to a quarter point on Tuesday. Financial analysts examine the possible impact of the Fed's move.
As economic turmoil continues to rock the financial market, some investors are more willing to buy U.S. Treasury securities with low or zero yields in the short term. Analysts examine how the struggling economy is driving investors to minimal-risk investments.
U.S. homeowners have been among the hardest-hit by the global economic meltdown. In the first of a series, analysts discuss the benefits and flaws of governmental and lender recovery plans, including Citibank's offer to modify loan terms for those falling…
Question/Comment: Dear Mr. Solman: I’m hoping you will answer my question as to the reasoning behind or justification for having a committee (i.e., the Federal Reserve) setting the price of money, i.e., interest rate. It is generally accepted that it…
In a new move to stem the impact of the financial crisis, the Federal Reserve cut the federal funds rate by half a percentage point to 1 percent Wednesday. Krishna Guha, chief U.S. economics correspondent for the Financial Times, discusses…
After a steady slump in world trading, global markets surged Tuesday after expectations of a likely Federal Reserve interest rate cut and the Treasury's move to inject capital boosted investors' confidence. A Business Week editor probes the reasons behind the…
As the economic crisis continues to reverberate around the nation, troubles in the housing sector remain key to the upheaval -- and many homeowners are facing foreclosure in the interim. Economics experts debate various measures being considered to help homeowners…
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