Jul 15 Bernanke: Economy Faces ‘Numerous Difficulties’ By Admin, PBS News Hour Amid a flurry of government-backed steps to fortify the U.S. economy, Fed chief Ben Bernanke told lawmakers Tuesday the economy continues to face "numerous difficulties" including turbulent financial markets, rising unemployment and housing troubles. Continue reading
Apr 01 Watch Campaigns Push to Connect With Voters on Economic Reform Plans The Bush administration announced plans to overhaul U.S. financial regulatory structure Monday, the latest in a stream of stories on economic woes. Representatives from the Clinton, McCain and Obama campaigns discuss their candidates' views on the ailing economy. 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
Jun 23 Watch U.S. Government Monitors International Banking for Counterterrorism The Treasury Department has been using internet banking programs containing transactions of thousands of Americans to track terrorism money since September 11, 2001. The lead official at the Department of Treasury explains the need for the program. Continue watching