Steve Henn

President Obama's housing rescue plan allows millions of homeowners to refinance their mortgages at lower rates. Will it work? Steve Henn reports.

Treasury Secretary Tim Geithner is attending the G7 conference in Rome, hoping to work together with finance ministers on the faltering economy. Steve Henn explores the pros and cons of conjoining efforts with other countries.

A Commerce Department report shows that the U.S. trade deficit shrank 4% in December, falling to its lowest level in almost six years. That's good news, or is it? Steve Henn reports.

The government's plan to stabilize the financial system may cost more than a trillion dollars in new spending. But there's less than $350 billion left in the original bailout. As Steve Henn reports, private investors and the Federal Reserve may be footing the bill.

The Treasury Department is set to unveil a multibillion-dollar program to strengthen the housing market. Steve Henn explores some of the ways the new program could work.

President Obama is trying to turn his successful online political campaign into a movement. He's sent millions of e-mails to supporters, asking them to gather and talk about the economic stimulus bill in Congress. Steve Henn reports.

Save or spend? Americans are getting mixed messages. Savings deposits are up just as we're being encouraged to spend to jump-start the economy. But the increase in savings could have dire economic consequences. Steve Henn reports.

The Commerce Department released its first look at Gross Domestic Product from last quarter today, and GDP contracted at a rate of around 4 percent. Steve Henn reports it could've been worse.

Despite a $6 billion loss last quarter and no help from federal bailout money, Ford still believes it can weather the storm on its own. Steve Henn crunches the numbers and explores whether the company can make it.

A report coming out today from the congressional panel overseeing TARP says government regulators could have stopped the financial crisis if they'd had more power. Steve Henn reports the panel is calling for more bank regulation.