Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve. ...more

November 13, 2009

Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate increases, the Federal Reserve said on Monday. ...more

November 10, 2009

WASHINGTON (AP) - The Federal Reserve says GMAC is the only one of 19 stress-tested banks that needs more capital to withstand a future downturn. ...more

November 9, 2009

With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. ...more

November 5, 2009

Republicans needn't trouble themselves to nominate a presidential candidate in 2012. No matter what, President Barack Obama will run against George W. Bush. Bush will be Obama's eternal foil. At this rate, when Obama writes his post-presidential memoir, it will be titled "An Audacious Presidency, or How I Saved America From That Bastard Bush." ...more

October 24, 2009

Federal Reserve Chairman Ben Bernanke prodded Congress on Friday to enact legislation overhauling the nation's financial regulatory system to prevent a repeat of the banking and credit debacles that had thrust the country into crisis. ...more

October 24, 2009

Three bits of economic news may lift the veil of gloom a bit, especially for some in the Tampa area. Based on that and other data in recent weeks, analysts and the stock market have responded positively, with the Dow Jones industrial average up 120 points Wednesday. ...more

August 13, 2009

The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending. ...more

August 13, 2009

The number of newly laid-off Americans signing up for unemployment benefits last week and those using this safety net over a longer period both plunged. The government figures released Thursday were clouded by difficulties adjusting for temporary shutdowns at auto plants. ...more

July 17, 2009

American households lost $1.33 trillion of their wealth in the first three months of the year as the recession took a bite out of stock portfolios and dragged down home prices. ...more

June 12, 2009