Dec 11 Watch House OKs Sweeping Wall Street Overhaul The House on Friday voted 223 to 202 in favor of the most far-reaching overhaul of financial regulation since the Great Depression in hopes of averting a repeat of last year's banking crisis. Kwame Holman reports. Continue watching
Dec 08 Watch Obama Offers Job Plan, But Deficit Pressures Rise President Obama outlined a series of initiatives Tuesday aimed at spurring job growth through aid for small businesses, despite mounting pressures to reduce a record federal budget deficit. Judy Woodruff speaks with Nobel laureate Paul Krugman and former presidential economic… Continue watching
Dec 03 Tough Criticism for Bernanke By Carolyn O'Hara Federal Reserve Chairman Ben Bernanke faced tough criticism Thursday from a Senate committee for the central bank's failure to regulate risk-taking on Wall Street. Continue reading
Nov 24 Report: 23% of Mortgaged Homes ‘Underwater’ The number of U.S. homes worth less than the mortgages owed on them reached 10.7 million, or 23 percent of all mortgaged homes, in the third quarter, according to a new report. Continue reading
Nov 23 Watch Across the U.S., Shaky Signs of Economic Recovery Emerge A flurry of economic reports lately paint a mixed picture of a U.S. economy showing new growth, despite mounting job losses. Ray Suarez speaks to experts for a snapshot of just how well the recovery is faring. Continue watching
Nov 17 Obama Unveils Financial Fraud Task Force By Online DA President Obama issued an executive order Tuesday establishing a multi-agency task force to crack down on financial fraud. Continue reading
Nov 13 FDIC’s Bair on ‘Too Big to Fail,’ Lessons Learned By Carolyn O'Hara Tonight on the NewsHour, FDIC Director Sheila Bair weighs in on the state of the U.S. banking system. In a Web-exclusive excerpt, Bair speaks bluntly about the need to break up banks that are deemed "too big to fail."… Continue reading
Nov 11 Watch Fed’s Regulatory Powers Challenged Under Senate Plan More than a year after the economic crisis hit, legislators continue to work on how to reform financial regulation and stave off a future crisis. The latest proposal comes from Sen. Chris Dodd of the Senate finance committee. Financial experts… Continue watching
Nov 06 U.S. Jobless Rate Hits 10.2%, Highest in 26 Years U.S. unemployment rose more than expected to a 26-year high of 10.2 percent, shedding 190,000 jobs in October, according to figures released by the Department of Labor Friday. Continue reading
Nov 05 Watch Other News: Stocks Rally on Falling Jobless Claims In other news, falling weekly jobless claims contributed to a Wall Street rally, and there are new warning signs that the U.S. might be facing a shortage of the seasonal flu vaccine. Continue watching