Jul 17, 2012 Senators are likely to question Federal Reserve chairman about what banking regulators knew about manipulation of key lending rate.
Jul 11, 2012 News this morning that Bob Diamond, the former head of Barclay's bank has given up $30 million in bonuses after resigning over that interest rate rigging scandal. And the scandal has brought up the issue -- yet again -- of whether current regulations on the financial industry are adequate.
Jul 6, 2012 U.S. markets are down slightly this morning on the latest jobs data from the Labor Department which said that just 80,000 jobs were added in the U.S. last month and unemployment remained at 8.2 percent.
Jul 5, 2012 Today central banks in Europe and China announced new monetary stimulus measures to spur economic growth. How will the global stimulus measures impact the U.S. economy and unemployment?
Heidi N. Moore
Jul 8, 2012 An investigation into LIBOR -- a crucial interest-rate benchmark -- has resulted in a fine for Barclays and the resignation of its chairman, Marcus Agius. But what does it all mean for the average American? Easy Street is here to help.
May 6, 2015 The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Heidi N. Moore
Jun 21, 2012 Global markets, and many economists, seem unimpressed this morning with the news yesterday from the Federal Reserve that it will expand the Operation Twist monetary stimulus program.
Jun 21, 2012 The U.S. Federal Reserve says it will continue holding interest rates down the rest of the year through its "Operation Twist" -- swapping short-term securities for long-term ones. But the economic crisis is global, and ours is not the only central bank that's worried about stoking economic growth.
Jun 21, 2012 The Federal Reserve will continue its Operation Twist program, but it can't do much else to help the global economic downturn caused by financial strain in Europe. On the plus side? We get lower gas prices.