mid-day update

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MIDDAY UPDATE: new financial rules, Ghana oil drilling, Facebook

by
Jaclyn Giovis
Dec 15, 2010
Federal agencies are beginning to shape the rules under Congress's financial overhaul, also known as the Dodd-Frank law. Regulators want to require...
Posted In: Dodd-Frank law, Facebook, financial reform, mid-day update, Oil, Wells Fargo
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MIDDAY UPDATE: TARP, HAMP, and retail

by
Katharine Crnko
Dec 14, 2010
Today Jeremy Hobson spoke to former Democratic Ted Kaufman, chair of the Congressional Oversight Panel. About $50 billion of the $700 billion TARP...
Posted In: Best Buy, Big Book, Commerce Department, Facebook, foreclosures, Gordon Brown, HAMP, JC Penney, mid-day update, Retail, TARP
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MIDDAY UPDATE: Obama reaches out to business community

by
Jaclyn Giovis
Dec 13, 2010
We heard today that President Obama is trying to make nice with the business community. He's poised to name a replacement for Larry Summers,...
Posted In: mid-day update, Obama, tax cuts, Twitter
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MIDDAY UPDATE: Elizabeth Warren, trade deficit, Kinect

by
Katharine Crnko
Dec 10, 2010
Today we were joined by Elizabeth Warren, special advisor for the Consumer Financial Protection Bureau. Warren has been tasked with serving as the...
Posted In: Elizabeth Warren, kinect, Microsoft, mid-day update, trade deficit
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MIDDAY UPDATE: Weekly jobless numbers down 17,000

by
Katharine Crnko
Dec 9, 2010
Today's weekly unemployment numbers were down 17,000 from last week. These numbers are the second lowest of the year. Of course these numbers still...
Posted In: AIG, IMF, jobless, mid-day update, recovery, tax cuts, Unemployment
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MIDDAY UPDATE: Tax cut plan reactions, immigration law, British pubs

by
Jaclyn Giovis
Dec 8, 2010
Investors are dumping government bonds in reaction to President Obama's announcement Tuesday to extend tax cuts, unemployment benefits and other...
Posted In: mid-day update, Obama, stimulus program, Supreme Court, tax cuts
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MIDDAY UPDATE: Tax cut deal reached, Citigroup

by
Jaclyn Giovis
Dec 7, 2010
President Obama and Congress have reached a truce. Obama agreed to keep the Bush-era tax rates the same for all Americans for two years, and in...
Posted In: Citigroup, Congress, economic downturn, economic stimulus, mid-day update, Obama, tax cuts
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MIDDAY UPDATE: Bernanke defends Fed policy, again; possible bipartisan compromise on tax cuts

by
Jaclyn Giovis
Dec 6, 2010
Federal Reserve Chairman Ben Bernanke appeared on the CBS news program "60 Minutes" for the second time since the end of the financial crisis to...
Posted In: Auto, Bernanke, Congress, Federal Reserve, free trade, mid-day update, tax cuts
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MIDDAY UPDATE: Unemployment hits 9.8 percent; Congress turns down the volume on TV commercials

by
Jaclyn Giovis
Dec 3, 2010
The U.S. unemployment rate jumped to 9.8 percent in November from 9.6 percent, marking the highest jobless rate since April. The Labor Department...
Posted In: Congress, Jobs, mid-day update, TV commercials, Unemployment, Verizon
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MIDDAY UPDATE: Unemployment

by
Katharine Crnko
Dec 2, 2010
The monthly unemployment report from the Labor department could indicate that 9.5 Americans are unemployed. That's about 26.4 million Americans are...
Posted In: Bush tax cuts, foreclosures, homes, mid-day update, Unemployment

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