Banks have been getting stronger and more profitable since their big bailout, but they still get shaky every time the markets have a tumble. It has a lot to do with old debt and short term confidence
The Fed wants to keep interest rates low until 2013, which was supposed to reduce uncertainty. Why does Thomas Hoenig think it actually will have the opposite effect?
Wells Fargo is rolling out a trial monthly fee for debit card purchases. The pilot program comes in response to legislation which limited the amount banks could charge merchants per transaction.
Unemployment claims rose slightly last week. We ask to economist Michelle Meyer whether the situation will get worse, and if we are heading for stagflation.
Pope Benedict XVI visits Spain today, touting an economic policy that focuses on people, not profits. The message could hit home for thousands of unemployed youths in Spain and beyond.
The Swiss franc is now worth so much that it threatens Swiss jobs. The Swiss government wants to do something about it, but Switzerland isn't the only country looking at using its currency as a weapon.
Regulators at the Federal Reserve are pushing to make sure the U.S. arms of European banks are keeping enough money in their vaults in case of a new crisis.
