Economists underwhelmed by Fed's new plan

Aug 11, 2010
The Federal Reserve plans to spend up to $30 billion a month on U.S. Treasury bonds in an effort to motivate the banks to lend. But this doesn't provide a huge incentive in an economy of $14 trillion.
Posted In: Banks

Fed may try quantitative easing to boost economy

Aug 10, 2010
There's speculation the Fed is going to try quantitative easing to fight economic doldrums. Nancy Marshall Genzer explains.
Posted In: Banks

FHA loans are about one-third of U.S. mortgages

Aug 6, 2010
Federal Housing Administration home loans used to be just a sliver of the nation's housing market, but now it's one-third. The FHA loans may have helped what would've been an even more stagnant housing market, but federal mortgages may not be sustainable.
Posted In: Banks, Housing

Euro banks telling same story as U.S. firms

Aug 4, 2010
Banks in Europe are reporting how well business is doing. The financial institutions seem to be telling the same story going around in the U.S., and there are indicators that recovery is underway.
Posted In: Banks

Geithner to 'lay out the path forward' in financial reform

Aug 2, 2010
In one of his first public appearances since reform passed, Treasury Secretary Tim Geithner will be touting the good the administration says the new financial reforms can do.
Posted In: Banks

Fed concerned about deflation

Jul 30, 2010
A new report from a regional Federal Reserve presidents says the Fed needs to keep an eye on decreasing prices.
Posted In: Banks

Paper shows that credit card users win at the register, not cash users

Jul 29, 2010
The Federal Reserve Bank of Boston released a paper that concluded people who spend cash at the register actually are giving money to people who use credit cards -- especially those with cashback rewards.
Posted In: Banks, Retail

Bill to help small businesses could put banks at risk

Jul 28, 2010
The Senate could vote this week on a bill to help small businesses by encouraging community banks to lend them up to $30 billion. But the measure has its risks.
Posted In: Banks

Will Basel III help the U.S.?

Jul 27, 2010
Towards the end of this year, the Basel Committee on Banking Supervision will agree on a third round of bank regulations for safer banking standards around the world. Marketplace's Bob Moon sees what effect Basel III can have on the U.S. financial system.
Posted In: Banks

Critics target loopholes in financial reform

Jul 27, 2010
Regulators are meeting at the U.S. Chamber of Commerce to discuss major loopholes banks have found in the new financial reform.
Posted In: Banks, Wall Street