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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

French firms turn to poor areas for help

Nov 24, 2008
France's largely immigrant suburbs have long faced high unemployment, in some areas at double the national average. But large companies have now begun recruiting from these neighborhoods because it's good for business. Anita Elash report.
Posted In: Immigration, Jobs

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.

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