Economy - Most Commented

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N.Y. Fed Chief said to be Treasury pick

Nov 21, 2008
Sources close to Obama's transition team are confirming reports that Obama will nominate Timothy Geithner, President of the N.Y. Federal Reserve Bank, to be Treasury Secretary. John Dimsdale reports.

What has the bailout done so far?

Nov 21, 2008
Billions have been spent on the bailout already, and we've been keeping track. Steve Henn reports where the money went for our series "Tracking the Bailout."
Posted In: Economy, Wall Street

How can Bush be productive at APEC?

Nov 21, 2008
George W. Bush will be attending what will likely be his last meeting with world leaders at the APEC summit in Lima, Peru. Nancy Marshall Genzer explores what his focus should be as many note he no longer matters much.

Report: Power will shift away from U.S.

Nov 21, 2008
A report is projecting a major shift in global economic and political power, putting more of the focus on China, India and Russia. Stephen Beard reports why decline in U.S. power may not be comforting.

U.S. crisis devastates Mexican towns

Nov 19, 2008
The U.S. economic crisis means it's harder for Mexican migrants to find work, and that means there's less money sent home to families. Dan Grech visits a small town in central Mexico to see how it's faring.
Posted In: Economy, Immigration, Mexico

Congress needs to take bailout back

Nov 19, 2008
Treasury Secretary Henry Paulson has switched the bailout plan from buying troubled mortgage securities to buying preferred shares in healthy banks. Commentator Robert Reich says it's time to stop the handout.
Posted In: Economy, Wall Street

Early lessons for Dems in fundraising

Nov 19, 2008
Congressman John Dingell, chair of the House Energy and Commerce Committee is holding a fundraiser today for freshman Democrats. Nancy Marshall Genzer looks into the money message this sends to newcomers early on.

Treat homeowners like Donald Trump

Nov 18, 2008
When Donald Trump almost went bankrupt in the '90s, creditors made him give up his credit cards before he got help. Commentator Todd Buchholz says homeowners who face foreclosure have to give up some things too.
Posted In: Economy, Housing

Paulson takes heat from House Dems

Nov 18, 2008
Treasury Secretary Henry Paulson got an earful from members of the House Financial Services Committee over management of the $700 billion bailout and his refusal to act on foreclosures. Steve Henn has more.
Posted In: Economy, Wall Street

Inaugural visitors face premium prices

Nov 17, 2008
With massive crowds expected for Barack Obama's inauguration, prices for tickets and hotel rooms are soaring. Nancy Marshall Genzer reports on a D.C.-area resident and a ticket seller who are looking to cash in.
Posted In: Entrepreneurship

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