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President Barack Obama will discuss the economy, lending to small businesses and financial regulation when he sits down at the White House with representatives of a dozen small and community banks. ...more
December 22, 2009
Evidence that the economic rebound could eventually raise inflationary pressures emerged in a report Tuesday that wholesale prices surged in November. ...more
December 16, 2009
Slowly, Americans are recouping some of their loss of wealth from the recession, thanks to gains in stocks and home values. ...more
December 11, 2009
Mortgage rates rose this week but still remained below 5 percent, Freddie Mac said Thursday. ...more
December 11, 2009
New weekend shopping figures on Wednesday offered more evidence confirming stores' modest start to the holiday shopping season. Online sales were stronger. ...more
December 3, 2009
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
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