Economy - Most Recent


Keeping tabs on inaugural funding

Jan 13, 2009
President-elect Obama's team is doing what they can to monitor fundraising for next week's inauguration. But even though Obama is adamant against lobbyists, there are some big loopholes. Nancy Marshall Genzer reports.

Bills could let judges rework mortgages

Jan 12, 2009
Two bills making their way through the House and Senate would empower federal bankruptcy court judges to rework the terms of mortgages headed into foreclosure. Lenders have opposed such bills. But these two are gaining momentum. Steve Henn reports.
Posted In: Economy

Take a vacation from inauguration

Jan 8, 2009
Some Washington, D.C. residents are trying to leave town before millions flood the city for the Obama inauguration. For the tourist-weary, vacation resorts are running special getaways. John Dimsdale reports.

'Performance' chief on familiar ground

Jan 7, 2009
President-elect Barack Obama named a former Treasury official as chief performance officer, a newly created position aimed at reducing government waste. But as Nancy Marshall Genzer reports, the new position sounds awfully familiar.

Killefer named to spending reform post

Jan 7, 2009
President-elect Barack Obama has named former Treasury official Nancy Killefer to the new position of "chief performance officer" to oversee budget and spending reform. Steve Chiotakis has more.

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.