Banks in Europe are reporting how well business is doing. The financial institutions seem to be telling the same story going around in the U.S., and there are indicators that recovery is underway.
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 Federal Reserve Bank of Boston released a paper that concluded people who spend cash at the register actually are giving money to people who use credit cards — especially those with cashback rewards.
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.
Towards the end of this year, the Basel Committee on Banking Supervision will agree on a third round of bank regulations for safer banking standards around the world. Marketplace's Bob Moon sees what effect Basel III can have on the U.S. financial system.
The Treasury is selling Citigroup shares, as the company's way of owing its TARP money, and hired Morgan Stanley to manage the shares for them — and to help the brokerage out. Marketplace's Nancy Marshall Genzer reports.