Aug 04 Watch Despite Federal Aid, Lenders Slow to Modify Home Loans Fewer than 8 percent of eligible borrowers have successfully modified their mortgages under a $75 billion federal plan aimed at halting home foreclosures, according to a Treasury Department report. Jeffrey Kaye reports on the early struggles of the program. Continue watching
Jul 29 U.S., China End Two Days of Talks With Few Concrete Results By Carolyn O'Hara The United States and China ended two days of high-level talks Tuesday, pledging to improve cooperation on economic and security issues, including on policies aimed at economic recovery and international non-proliferation agreements. Continue reading
Jul 27 Watch At Forum, Bernanke Defends Fed’s Aggressive Moves At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank's actions in handling the economic crisis, saying he did not want to be the Fed chief who "presided over the second Great Depression." Here… Continue watching
Jul 24 Watchdog Role at Center of Regulator Showdown Three federal government officials charged with reforming the U.S. financial system testify Friday in front of the House Financial Services committee who should become the nation's top consumer watchdog. Continue reading
Jul 24 Watch Other News: Obama Steps Back from Gates Comment In other news, President Obama stepped back from comments he made concerning the arrest of prominent black scholar Henry Louis Gates Jr., and Democrats in the House of Representatives agreed on a plan for cutting Medicare growth. Continue watching
Jul 22 Watch Bernanke Signals Slow Recovery, Defends Fed’s Powers Fed chief Ben Bernanke told a Senate panel on Wednesday that economic recovery should begin soon, albeit slowly at first. A financial analyst and a lawmaker speak with Ray Suarez about the testimony. Continue watching
Jul 22 Are Geithner and Summers Too Close to Wall Street? By Business Desk Question: Are Timothy Geithner and Larry Summers too close to the players that produced this economic crisis — so close that they will not have the vision, values, or mindset that will allow them to take the difficult steps that… 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
Jul 14 Simon Johnson on China and the U.S. Economy By Business Desk Paul Solman: The second in this week’s series of video exchanges with Simon Johnson of the Peterson Institute of Economics, MIT, and (formerly) the IMF, concerns China. Continue reading
Jun 18 Watch Geithner Defends Plan for Regulatory Overhaul In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner details the administration's case for a sweeping overhaul of the financial regulation system and discusses the government's role in shaping an economic recovery. Continue watching