A report says the Treasury needs to do a better job of tracking how banks are using bailout money. Treasury Secretary Tim Geithner will face that and other criticism before Congress this morning. Ashley Milne-Tyte reports.
Bank of America's $4.2 billion first-quarter profits in the first quarter would seem to revive hopes for the financial system. But the seemingly strong earnings aren't without caveats. Ashley Milne-Tyte reports.
Bank giants like Goldman Sachs and JP Morgan Chase appear strong enough to pay back their portion of bailout money and get back to business as usual. But Ashley Milne-Tyte reports what the conditions of that payback would be.
Citigroup is the latest big bank to post big earnings — a $1.6 billion profit in the first quarter. But with the economy still far from sound, how have the banks been able to post such big profits? Ashley Milne-Tyte reports.
Federal regulators have been reticent to release results from stress tests given to big banks, but now they plan to release certain details. What's the benefit of making those details public? Ashley Milne-Tyte reports.
Somali pirates hijacked a U.S. ship this week off the horn of Africa. Just how much do shipping companies need to spend to prevent these attacks? Ashley Milne-Tyte reports.
A new federal tobacco tax will make it more expensive for smokers to buy their cigarettes. Money from the tax increase will be used to expand health insurance coverage to kids from low-income families. Ashley Milne-Tyte reports.
The Treasury Department's plan to rid banks of bad assets will shed light on the banks' balance sheets, but it could leave weak lenders in a precarious position. Ashley Milne-Tyte reports.
If bonuses given to employees of bailed-out companies are taxed, it could have a huge impact on institutions receiving TARP money and the economy. Ashley Milne-Tyte reports.
Just because you're shopping in a corporate retail store doesn't mean you can't bargain down a price. Reporter Ashley Milne-Tyte proves that bargaining may be easier than you think.
