Home mortgage foreclosures and delinquencies were up in the third quarter despite greater efforts to help homeowners. Defaults on modified loans were also high.
This excellent biography offers a much-needed adjustment of Woodrow Wilson’s place in popular history.
Ben Bernanke faces a tougher path to winning a second term as chairman of the Federal Reserve after a Senate committee's 16-to-7 approval vote.
In picking Ben Bernanke as Person of the Year, Time magazine hopes to do better than the last time it anointed an economic mastermind.
The 1980's farming bubble taught some hard truths. Did they stick?
The House financial overhaul bill covers everything from financial giants to individual consumers. But lobbyists are lined up to fight it, and deals will have to be made with some lawmakers as the Senate considers its own bill.
The financial reform bill passed Friday in the House spans many markets and regulatory activities. But some experts warn that the economy could remain exposed to bubbles, busts, and firms "too big to fail."
The bill gives government new powers to rein in 'too big to fail' companies and to protect consumers. The House is set to vote on the financial-regulation measures Friday.