The Federal Reserve said it wouldn't add more money into the economy. But that it would continue to reinvest the money it put in during the financial crisis. That money is meant to help banks shore up their balance sheets and encourage them to lend more. Alisa Roth reports that's putting banks in a bind.
The San Francisco Fed released a report saying the odds are about 50-50 that we'll get a recovery or a double dip within the next two years. We're all too familiar with what a recession feels like. What would a second hit mean? Alisa Roth reports.
Provisions in the financial regulatory reforms could encourage huge numbers of new cases against companies. The provisions let the SEC give big financial payouts to whistle blowers whose info leads to successful enforcement action. Alisa Roth reports the agency's also making more use of the tools it already had.
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.
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.
It's rumored that Robert Dudley, a BP board member and part of the executive management team, will take over the CEO spot. He's an American, from the Gulf Coast even, but will that make a difference?
General Motors bought a subprime lender to increase leasing of GM cars and lending to customers who have lower credit rating. Is this a sign the economy is recovering or that companies are going back to the risky lending that got the economy in a recession in the first place?
Last year, the Obama administration said Chrysler wouldn't survive without a bailout of cash. Now, Chrysler Financial is starting to make money on loan payments.
