Jun 12, 2012 A new report from the Federal Reserve shows that the median net worth of the American househeld is down 40 percent since 2007 and income is down 7 percent.
Jun 8, 2012 Like the rest of us, companies are still uncertain of the economic future. But spending and investing could help to push the economy forward.
Jun 8, 2012 The Federal Reserve has just approved a proposal to make every bank in America keep more capital on hand. The measure may help taxpayers weather the next financial storm, but hurt bank stockholders.
Jun 8, 2012 One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.
Jun 8, 2012 There is an implication by those in the media that the Fed is essentially out of tools when it comes to lowering interest rates. Can the Federal Reserve lower the Fed Funds rate below zero? If so, what would be the implications for borrowers, savers and the macroeconomy? Richard, Marietta, GA
Jun 7, 2012 Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.
Jun 7, 2012 China's central bank this morning surprised global markets by cutting interest rates for the first time since 2008 in an effort to stimulate the slowing economy.
Jun 7, 2012 All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.
Jun 7, 2012 Fed Chairman Ben Bernanke may announce a new plan for interest rates today on Capitol Hill. Six in 10 Americans want the Federal Reserve to consider the negative impact of low interest rates on retirees and savings.