Apr 25, 2012 In a report to congress, TARP's inspector general says while the program will likely end up making a profit for taxpayers, there's ongoing worry that many small banks are having trouble paying back the feds.
Heidi N. Moore
Apr 25, 2012 The Troubled Asset Relief Program’s inspector general says bailout funds helped community banks, but many are struggling to raise fresh capital.
Apr 9, 2012 March's disappointing jobs report could push the Federal Reserve to do more to spur job growth. Chairman Ben Bernanke is expected to speak on the subject today in Atlanta.
Apr 4, 2012 At the Federal Reserve's latest meeting, only two of 10 voting committee members support additional stimulus. The Fed inspector general, meanwhile, released a report that Fed money didn't contribute to the Watergate burglary, or to Saddam Hussein and Iraq getting weapons in the 1980s.
Apr 4, 2012 The payroll processing company ADP said the U.S. private sector added 209,000 jobs last month, a sign that job growth has yet to be affected by high gas prices. The seeming recovery has also led the Fed to announce it will ease off with quantitative easing.
Mar 30, 2012 European finance ministers are meeting in Denmark today. They're reportedly adding $670 billion to their bailout fund. Ministers have been trying to figure out how big of a financial bazooka they need to defend Europe from speculators.
Stacey Vanek Smith
Mar 27, 2012 Since quantitative easing took place in 2010, stock prices in the U.S. went up something like 28 percent, adding $3.5 trillion.
Mar 26, 2012 Federal Reserve Chairman Ben Bernanke says U.S. needs faster job growth before Fed changes monetary policy.
Mar 14, 2012 The stock market had its best day of the year yesterday, in large part due to a pleasant surprise, in the form of a report card on stress tests that were taken by the big banks.