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Oct 30

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With Jobs Still Elusive, White House Defends Stimulus

President Obama's $787 billion stimulus package has saved or created about 650,000 jobs, the White House said Friday. But with unemployment at a 26-year high, the administration is facing increased criticism about ongoing weakness in the labor market.

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Oct 28

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Crackdown Targets Banks Deemed 'Too Big to Fail'

The head of a key House committee unveiled legislation Wednesday that would grant the federal government sweeping new powers to police giant financial firms. Jim Lehrer talks to two financial analysts about the debate over "too big to fail" institutions.

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Oct 14

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Wall Street Set for Record Payouts a Year After Crash

Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports.

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Sep 18

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One Year On, Hurdles Remain for Reforming Wall Street

One year after the fall of Lehman Brothers' brought the global economy to the brink of collapse, questions remain as to whether the government has been tough enough on Wall Street. Experts explain why.

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Sep 16

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A Year After Bailout, Uncertain Future for AIG

A year after the U.S. government came to the rescue of insurance giant American International Group (AIG), the company has a new CEO and its share price is up. Yet the company's future remains uncertain.

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Sep 14

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Obama Urges Wall Street to Embrace Stricter Oversight

On the one-year anniversary of the collapse of Lehman Brothers, President Obama visited Wall Street to urge financial firms to remember the lessons of the economic crisis and to press for regulatory reforms.

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Sep 10

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Other News: White House Says Stimulus Has Saved 1 Million Jobs

In other news, White House economic advisers reported Thursday that stimulus efforts have already created or saved more than 1 million jobs. Also, the Labor Department reported that first time unemployment claims fell last week.

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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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