Senate lines up behind some financial reform provisions that get tough on Wall Street, but not all. Rep. Ron Paul alleges that one senator 'sold out' by watering down a provision to audit the Federal Reserve.
US accusations that China is a currency manipulator do not fairly take into account the export sector and unemployment consequences to China if they unpegged the yuan.
The commercial paper market has shrunk to levels below the trough of the dot-com recession.
On average, drivers are paying $2.88 a gallon at the gas pump. Gas prices are expected to continue rising because of high oil prices.
The Greece debt crisis should be a warning. History shows that unless this buildup of sovereign debt is tackled eventually by raising taxes and controlling spending, then there are only two outcomes: default or high inflation.
The financial reform bill would create a new Bureau of Consumer Financial Protection tasked with safeguarding the public from shady financial deals and helping people make informed financial decisions.
After three days of blocking tactics, Republicans allowed the financial reform bill to proceed. What's next? Weeks of amendments as Republicans – and some on the left – try to change the bill.
Although Republicans said Wednesday they will no longer seek to block floor debate in the Senate on financial reform, plenty of disagreement remains. Here are four sticking points.