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
Nov 05 Watch Hedge Fund World Rocked by Insider-trading Charges Judy Woodruff speaks with a Financial Times reporter about 14 people facing insider-trading charges for allegedly netting $20 million in illegal profits. Continue watching
Nov 02 CIT Bankruptcy Produces Winners and Losers CIT, a major lender to small U.S. businesses, filed on Sunday for one of the largest Chapter 11 bankruptcy protections in history. Continue reading
Oct 29 U.S. Economy Rebounds 3.5% in Third Quarter The U.S. economy expanded at a 3.5 percent annual pace from July to September, according to Commerce Department figures released Thursday, in a signal that the worst recession since the 1930s may be easing. Continue reading