Economy - Most Recent

Pages

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.

When Fed rate hits zero, what's next?

Dec 2, 2008
If the Federal Reserve lowers its interest rate to zero -- and there have been indications that might happen -- it can't go any lower. So, what's left? Nancy Marshall Genzer reports.
Posted In: Economy

Local leaders need money for projects

Dec 2, 2008
Local leaders are hoping President-elect Obama's financial plans include money for new construction projects. But many local governments are being forced to trim spending. Steve Henn reports.

New welcome center at uninviting price

Dec 2, 2008
The new visitor's center on Capitol Hill opened today almost four years behind schedule and millions of dollars over the budget line. One reason sited for the extra cash: 9/11. Nancy Marshall Genzer reports.

Food stamp use could reach record high

Nov 26, 2008
The Agriculture Department is expected to report that as many as 30 million Americans are getting food stamps -- that's 30 million and rising. Ashley Milne-Tyte reports.
Posted In: Economy, Food

Cost of rescue plan keeps on growing

Nov 25, 2008
The Treasury Department's rescue plan is looking a lot different than what was sold to Congress in September. With so much taxpayer money on the line, the tab's getting bigger than lawmakers imagined. Our Washington Bureau Chief John Dimsdale reports.
Posted In: Economy

Will economic stabilization act work?

Nov 25, 2008
In the best-case scenario of the government's latest rescue effort, the Fed buys up outstanding mortgages to get banks lending and consumers spending again. But Senior Business Correspondent Bob Moon asks, Is this going to work?
Posted In: Economy

Pages