129 Stories, most recent news story added Mon Dec 7, 4:16 am ET
U.S. Treasury Secretary Timothy Geithner on Wednesday extended the government's $700 billion financial bailout fund to October 2010, saying it was still needed for "significant challenges" in the economy.
Treasury Secretary Timothy Geithner said the government's $700 billion bailout program will end "as soon as we can," and that part of it will be used to lower the record deficit. He urged Congress to move quickly in overhauling the nation's financial rules, which he says is key to a healthy economy.
Nov. 16 (Bloomberg) -- Hungary’s government said it expects the economy to shrink less next year than previously forecast and will refrain from drawing further funds from its bailout as the country’s key export markets emerge from recession.
Nov. 16 (Bloomberg) -- Ukraine’s economy contracted 15.9 percent last quarter, extending the former Soviet state’s decline, as political wrangling stalled the payment of bailout funds needed to keep the country afloat.
Nov. 16 (Bloomberg) -- Ukraine’s economy contracted 15.9 percent last quarter, extending the former Soviet state’s decline, as political wrangling stalled the payment of bailout funds needed to keep the country afloat.
Nov. 16 (Bloomberg) -- Ukraine’s economy contracted 15.9 percent last quarter, extending the former Soviet state’s decline, as political wrangling stalled the payment of bailout funds needed to keep the country afloat.
Dec. 7 (Bloomberg) -- As the U.S. economy pulls out of a recession and the biggest banks return to profitability, mounting defaults on commercial property may keep regional lenders from repaying bailout funds until at least 2011.
Lawmakers are likely to vent frustration over the economy and bailout of the financial system Thursday at a Senate confirmation hearing for Federal Reserve chairman Ben Bernanke.
Dec. 3 (Bloomberg) -- European and Asian stocks rose as Bank of America Corp. said it will repay $45 billion of government bailout funds and the Federal Reserve said the U.S. economy improved. U.S. index futures gained.
Dec. 3 (Bloomberg) -- European and Asian stocks rose as Bank of America Corp. said it will repay $45 billion of government bailout funds and the Federal Reserve said the U.S. economy improved. U.S. index futures gained.
Dec. 3 (Bloomberg) -- European and Asian stocks rose as Bank of America Corp. said it will repay $45 billion of government bailout funds and the Federal Reserve said the U.S. economy improved. U.S. index futures gained.
Open slideshowAFP/File
Open slideshowAFP/File
Open slideshowAFP/Getty Images/File