Economy - Most Recent

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GOP vows to stand up to stimulus plan

Jan 2, 2009
President-elect Barack Obama's stimulus plan could cost nearly $800 billion. Some Republicans worry that money could be wasted on pork barrel projects and say it's time to curb spending. But is their call for fiscal conservatism coming at the right time? Nancy Marshall Genzer reports.

Obama picks Schapiro to head SEC

Dec 18, 2008
President-elect Obama is nominating Mary Schapiro to head the Securities and Exchange Commission. Alisa Roth has more about Schapiro, who could be the first woman to hold the SEC chair position permanently.

Fed drops rate to record low

Dec 16, 2008
In a bold move to revive the economy, the Federal Reserve dropped the federal funds rate to 0.25%. Tess Vigeland talks with Bob Moon about the impact of the rate cut.
Posted In: Economy

Bad time for congressional pay raises

Dec 16, 2008
Lawmakers get an automatic pay raise every January, and this year is no different -- but many question whether, for obvious reasons, it should be. Danielle Karson reports it's up to constituents to voice concerns.
Posted In: Jobs

Clinton's debt becomes State issue

Dec 5, 2008
Sen. Hillary Clinton still owes $7 million in campaign debts, and there are laws that won't allow her to raise the money if she's confirmed as Secretary of State. Jeanne Cummings of Politico discusses Clinton's options with Kai Ryssdal.

An overhaul for infrastructure funding

Dec 5, 2008
President-elect Barack Obama will be meeting with the heads of infrastructure to look at those projects as a way to jumpstart the economy. But some say major funding overhaul is due. Sam Eaton reports.

Treasury may try mortgage rate cut

Dec 4, 2008
Treasury Secretary Paulson is said to be considering a plan to use Fannie Mae and Freddie Mac to push down mortgage rates for new home purchases to as low as 4.5%. Marketplace's Steve Henn reports.
Posted In: Economy, Housing

A Frank approach to financial regulation

Dec 4, 2008
Congressman Barney Frank will give a speech today about re-regulating the financial system, which the House Financial Services Committee will take up next month. Frank is hoping for an overhaul by summer. Steve Henn reports.

Recession is latecomer to Minn. suburb

Dec 3, 2008
Edina, Minn., a wealthy, mostly white-collar suburb of Minneapolis, has not seen the upheavals of the economic crisis that have hit other cities -- yet. Annie Baxter reports.
Posted In: Economy

Helping homeowners stretched too far

Dec 3, 2008
What's it like for consumers who are trying to get out from under mortgages they can't afford? Kai Ryssdal finds out from Fred Glick of U.S. Loans Mortgage in Philadelphia.

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