We fell short of our Fall Fundraiser goal of 2,500 donations. Help us catch up ⏩ Give Now

Senate to query regulators on financial reform

Feb 18, 2011
Six months after the Dodd-Frank law passed, the Senate Banking Committee questions regulators about their progress in fixing the financial system.

Banks likely face fines over foreclosure mess

Feb 17, 2011
Bank of America, JPMorgan Chase and other big U.S. banks are likely to be fined by federal regulators for mishandling home foreclosures.
Foreclosure headline in a newspaper
iStockPhoto

IMF says embattled Kabul Bank should be taken over

Feb 17, 2011
The International Monetary Fund has recommended that Afghanistan's largest bank, Kabul Bank, be placed in receivership and sold off. The IMF hopes this move will stabilize the country's corrupt financial system.

Richard DeKaser: Inflation affects food and gasoline prices

Feb 16, 2011
Jeremy Hobson speaks to Richard DeKaser, economist at the Parthenon Group, about today's inflation numbers from the U.S. Labor Department.

How to manage U.K.'s rising inflation

Feb 16, 2011
The Bank of England will announce its outlook for U.K. growth and inflation today. Amid cost-of-living concerns, the central bank faces a tough decision: Is the economic recovery strong enough to handle an increase in interest rates in order to curb inflation? Christopher Werth has more.

Why it takes so long for checks to clear

Feb 10, 2011
In an economy where more people are temporary employees or going the freelance route, checks are the way to pay people. But depositing that check doesn't mean instant money in the bank account.

U.S. Treasury selling stock warrants in TARP recipient Wintrust

Feb 9, 2011
Small Illinois bank Wintrust Financial has already paid back its TARP money.

For public good, not for profit.

New rules for banker bonuses

Feb 7, 2011
Federal rules would pay top earners over several years, so pay could be held back if deals eventually go bad.

JPMorgan Chase snared in Madoff lawsuit

Feb 4, 2011
Suit alleges JPMorgan bankers suspected fraud long before Madoff's arrest, raising questions about a bank's duty to sound the alarm on a client.