The Department of Transportation has released its top 10 lists of vehicles traded in and bought under Cash for Clunkers. Steve Henn reports the program was good to Asian automakers.
Lenders that contributed to the subprime mortgage crisis will get more than $21 billion in taxpayer money to help borrowers modify the terms of troubled loans. Steve Henn reports.
President Obama has renominated Federal Reserve Chairman Ben Bernanke to a second term at that post, ending months of rumors and speculation. Steve Henn reports.
Cash for Clunkers has been a boon to manufacturers, autoworkers and dealers. But as the program ends, some dealers worry they may not be able to get their deals approved by the deadline. Steve Henn reports.
The Securities and Exchange Commission's inspector general is expected to release a report next week on how the SEC failed in the Madoff debacle. Steve Henn reports.
Big oil and coal companies are using their trade associations to organize fake grass-roots protests against the climate bill working its way through Congress. Steve Henn reports.
The Obama administration is grappling with figuring out who will fund the costs for new regulation of the financial system. Steve Henn reports even bankers can't seem to agree.
France and Germany both reported that their economies grew last quarter. Many economists seized on those numbers as more evidence the global recession is ending — though they still remain cautious. Steve Henn reports.