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Congress is set to examine another round of proposals to help consumers and investors survive turmoil in the housing market. ...more
February 25, 2008
The U.S. trade deficit shrank more than forecast in December and showed the first annual drop since 2001 as the faltering economy eroded demand for imported autos and Chinese-made consumer goods. ...more
February 15, 2008
Using words like "sluggish" and "deteriorated," Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation's economy Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and a severe credit crisis. ...more
February 15, 2008
The Bush administration agreed to delay enforcing a new rule that will let the government charge higher premiums on mortgages it insures for borrowers with poor credit. ...more
December 5, 2007
With only one Democrat now on the Securities and Exchange Commission, a proposal allowing companies to bar shareholder moves to open board elections appears headed for adoption in two weeks. ...more
November 15, 2007
An effort led by two freshmen Florida congressmen to address skyrocketing home insurance costs tied to national disasters may have been hijacked by presidential politics Thursday. ...more
November 9, 2007
Senate Banking Committee Chairman Christopher Dodd says Merrill Lynch & Co.'s $161.5 million compensation package for former chairman and Chief Executive Officer Stan O'Neal may revive efforts in Congress to give shareholders more power to curb CEO salaries. ...more
November 3, 2007
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