134 Stories, most recent news story added Thu Dec 3, 3:24 am ET
Treasury Secretary Timothy Geithner on Wednesday extended the government's $700 billion financial bailout fund to October next year, saying the economy still faced "significant challenges."
Dec. 3 (Bloomberg) -- European stock-index futures advanced 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. Asian shares and U.S. futures rose.
Dec. 3 (Bloomberg) -- European stock-index futures advanced 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. Asian shares and U.S. futures rose.
THE CLOSING BELL -- DOWN 19: The stock market struggled but held its ground Wednesday as an upbeat assessment of the economy from the Federal Reserve offset drops in bank and energy stocks. NYSE, NASDAQ TODAY'S BUSINESS NEWS: » Geithner says $700B bailout program to end soon » Fed finds recovery gaining momentum » Dollar up as Fed sees recovery gaining » US trade chief turns to creating jobs ...
THE CLOSING BELL -- DOWN 19: The stock market struggled but held its ground Wednesday as an upbeat assessment of the economy from the Federal Reserve offset drops in bank and energy stocks. NYSE, NASDAQ TODAY'S BUSINESS NEWS: » Geithner says $700B bailout program to end soon » Fed finds recovery gaining momentum » Dollar up as Fed sees recovery gaining » US trade chief turns to creating jobs ...
As The Obama Administration Considers How To Approach The Next Phase Of The $700 Billion Financial Bailout, Questions Are Being Raised On Capitol Hill About Whether It Is Helping The Economy.
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.
WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.
WASHINGTON (AP) — Despite Republican opposition on Capitol Hill, President Barack Obama said Wednesday that he's still hoping for bipartisan support for his efforts to use financial bailout money to help small businesses and bring down double-digit unemployment.
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.
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.
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