Nation Jul 31 Mortgage servicers go to extreme lengths to skirt new regulations By Jeff Horwitz, Associated Press
Economy Sep 26 Fed Takes Over WaMu in Largest Bank Failure in American History As the debate over the proposed $700 billion bailout of Wall Street continues to rage in Washington, the government took over lending giant Washington Mutual Thursday night in what is by far the largest bank failure in American history. By PBS News Hour
Economy Mar 24 JP Morgan Hikes Offer for Troubled Bear Stearns Stock indexes rose in early Monday trading after banking giant JP Morgan Chase & Co. confirmed reports that it had quadrupled its offer for troubled investment bank Bear Stearns Co. By PBS News Hour
Politics Mar 07 Watch Campaign Stump Speeches Focus on Economy This week on the campaign trail, Sens. Hillary Clinton and Barack Obama headed out again for another battle for Democratic votes, while GOP Sen. John McCain set out to shore up his support among his own party's base.
Politics Feb 28 Watch Congress Divided on Economic Relief, Housing Measures President Bush played down the possibility of recession Thursday, while Fed Chairman Ben Bernanke explained to Congress the difficulties of balancing rising inflation with a slowing economy. Two senators debate proposals to aid the economy, including a supplemental stimulus package…
Dec 06 Watch Paulson: No ‘Silver Bullet’ in Bid to Ease Mortgage Crisis As home foreclosures reached a record high Thursday, President Bush announced a deal with mortgage lenders to freeze interest rates on some subprime mortgages due to move sharply higher soon. Treasury Secretary Henry Paulson discusses the details of the proposal. Continue watching
Dec 04 Watch Basics of U.S. Economy Are Strong, Bush Says President Bush tried to quell concerns over the recent housing slump and credit crunch Tuesday, saying "The basics in the economy are good." Two former treasury secretaries examine the state of the economy and whether the U.S. is facing a… Continue watching
Nov 23 Watch Holiday Shopping Brings Economic Concerns into Focus The Friday after Thanksgiving kicked off what most consider to be the beginning of the holiday shopping season, with retailers hoping for a robust consumer turnout. Financial analysts discuss how consumers' concerns over the housing slump and falling dollar may… Continue watching
Nov 08 Watch Bernanke: U.S. Economy Faces ‘Sluggish’ Growth Outlook Federal Reserve Chairman Ben Bernanke on Thursday predicted "sluggish" U.S. economic growth after the dollar reached an all-time low against the euro and jittery investors kept close watch on surging oil prices. A business journalist and an economist offer analysis… Continue watching
Nov 05 Watch Citigroup Faces Fallout from Subprime Market Citigroup, the nation's largest bank, faces both a downgraded credit rating and the resignation of CEO Charles Prince. A business journalist describes the company's struggles. Continue watching