Economy Dec 18

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Why the Fed’s Low Interest Rates Are Driving Dollars Abroad

Ahead of Wednesday’s Federal Open Market Committee announcement about whether the Fed will taper its monetary stimulus program, Making Sense interviewed former Fed economist Catherine Mann, now at the Brandeis International Business School. She doesn’t think the Fed will begin…

Economy May 28

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As GM Deadline Nears, Bondholders Back New Stock Deal

General Motors said Thursday that a group of bondholders has accepted a sweetened deal that offers them up to a one-quarter stake in the company if they drop opposition to the struggling automaker's plans to reorganize.

Economy Mar 28

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Treasury Calls for Sweeping Oversight Changes

The Bush administration unveiled the most sweeping plan to overhaul the U.S. financial regulatory system since the Great Depression on Monday, but admitted that the next president's administration will need to hammer out many details with Congress.

Economy Jan 22

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Fed Slashes Key Rate as World Markets Tumble

After many world financial markets suffered their biggest losses Monday since the Sept. 11 terrorist attacks, the Federal Reserve slashed a key interest rate by three-quarters of a percentage point on Tuesday -- its biggest cut in more than 23…

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