President-elect Barack Obama arrived on Capitol Hill yesterday and immediately set to work reassuring skeptical Republicans about his massive economic stimulus package -- part of a campaign that earned him praise for seeking their input but questions from those averse to hundreds of billions of dollars in new spending.
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Obama Pitches Stimulus Package to House Republicans
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Economists seek solutions, signs of life in housing
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SAN FRANCISCO (Reuters) - Top economists at the Allied Social Sciences Association's annual meeting have been searching -- in some cases, in vain -- for signs of life in the U.S. housing market, a key element for busting the country out of a deep economic downturn.
Read more »A guide to mutual fund fees
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-- In a tough investing climate mutual fund investors should take note of what investing fees they're being charged. Costs associated with an individual investor's transactions and account are listed in a fee table, located near the front of a fund's prospectus, under the heading "Shareholder Fees."
Read more »Treasury provides $15B from bailout pot to 7 banks
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WASHINGTON -- The government said Monday it had supplied another $15 billion to seven banks in the latest round of payments from the $700 billion rescue fund.
Read more »Take control: Understanding investing fees
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DES MOINES, Iowa -- Dismal market performance in 2008 has many investors thinking about a new investment strategy for the coming year _ a key element of which should be to slash investment fees.
Read more »Fed buys MBS in latest unconventional move
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NEW YORK (Reuters) - The Federal Reserve on Monday kick-started its latest unconventional program to boost the moribund economy, this time taking aim at the heart of the slumping housing market.
Read more »At Madoff Hearing, Congressional Committee Vows Reform
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Members of the House Financial Services Committee vowed today to undertake a major overhaul of the U.S. financial regulatory system in the wake of an alleged $50 billion fraud that they said should have been detected earlier.
Read more »Treasurys fall as investors brace for supply glut
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NEW YORK -- Treasury bond yields extended their advance Monday as investors braced for the possibility that the government will have to issue even more debt than the market has anticipated.
Read more »Wall Street slips on telecom, financials
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NEW YORK (Reuters) - Stocks slipped on Monday as investors took profits from the strong gains of last week, while concerns about slowing wireless growth in 2009 weighed on large telecom and cable companies.
Read more »Obama's First Test
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For the past eight years, Congress has had a remarkably consistent record. When something was important to President Bush -- particularly if it was even vaguely related to national security -- Congress pretty much always caved.
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Category: Finance News Tags:
