Bankers from the nation's top financial institutions faced tough questions Wednesday from Congress, which has been investigating what led to the financial collapse and what role banks played. Kwame Holman reports.
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.
Stocks are making gains, but new jobs remain elusive. Judy Woodruff asks a panel of experts whether 2010 will be a year of economic recovery, or merely the start of a double-dip recession.
In terms of the economy, it's good riddance to 2009. As for 2010, Ray Suarez speaks with a panel of experts about reasons for hopes and fears in the new year.
President Obama met with community bank leaders at the White House on Tuesday and pressed them to boost lending. Yet in a year in which some 140 community banks have been forced to close, the focus among small lenders is…
By Dave Gustafson
In a White House meeting with the executives of the nation's largest banks, President Obama called on financial institutions to step up efforts to revive the U.S. economy after they received "extraordinary" financial assistance.
By Maureen Hoch
Citigroup announced Monday that it will repay $20 billion in taxpayer money, becoming the last of the major Wall Street banks to exit the government-funded bailout program.
New compensation rules issued Friday will cap 2009 pay at $500,000 cash for about 450 employees at four companies that have received government bailout funds. The new guidelines affect the 26th- through 100th-highest-paid employees at the affected firms, which include…
In other news, President Obama further outlined the U.S. timetable for a drawdown in the Afghan war, and Gen. Stanley McChrystal, commander of U.S. forces in Afghanistan, played down concerns about the timetables when he faced lawmakers.
President Obama outlined a series of initiatives Tuesday aimed at spurring job growth through aid for small businesses, despite mounting pressures to reduce a record federal budget deficit. Judy Woodruff speaks with Nobel laureate Paul Krugman and former presidential economic…
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