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Sep 04

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Jobless Rate Hits 26-Year High, but Hints of Recovery Remain

Unemployment jumped to 9.7 percent in August, but new data shows job cuts have slowed. Ray Suarez speaks with a financial expert about the labor market and economic recovery.

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Aug 04

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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.

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Jul 27

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Bernanke Reflects on Fed’s Aggressive Actions

In the first of a three-part discussion, Fed Chairman Ben Bernanke warned that jobless rates may continue to rise and discussed his fears of another Great Depression.

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Jul 27

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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…

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Jul 22

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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.

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Jul 21

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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…

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Jul 21

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Other News: Bailout Funds Come Under New Scrutiny

In other news, lawmakers asked new questions on the spending of federal bailout dollars, and the Senate Judiciary Committee has delayed a vote on Supreme Court nominee Sonia Sotomayor by one week.

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Jun 17

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Regulatory Reform Plan Aimed at Protecting Larger Economy

President Barack Obama proposed a major overhaul of financial industry regulation Wednesday. White House adviser Christina Romer explains the administration's plans.

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Jun 11

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‘Frontline’ Investigates Bank of America Deal

An excerpt on Frontline's upcoming report on Bank of America and the government's new role in the banking system, told from the perspective of CEO Ken Lewis and the financial reporters who covered the story.

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Jun 10

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Administration Proposes New Steps to Regulate Executive Pay

The Obama administration outlined a plan for new executive compensation regulations Wednesday, putting the politically charged issue of executive pay back in the spotlight. Analysts examine how more oversight will affect the industry.

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Wednesday, Sep 17
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