Topic: U.S. National Economy

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SEC boss: Agency examining companies

AP Features | 2010-03-18 00:31:02
The head of the Securities and Exchange Commission confirmed Wednesday that the agency is investigating several companies' actions in the run-up to the financial crisis of 2008. SEC Chairman Mary Schapiro said "it would be safe to assume" that the agency is looking very closely at the conduct of a ...
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Fed defends watchdog role

AFP American Edition | 2010-03-17 23:10:09
Federal Reserve chairman Ben Bernanke called for his central bank to keep broad regulatory powers Wednesday, amid a fierce debate about how to police Wall Street. Bernanke told a US congressional committee that the Fed was best-placed to monitor much of the massive banking sector, as sweeping reforms -- backed by ...
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Fed Chair Ben Bernanke Testifies On Bank Supervision And Monetary Policy

Getty Images | 2010-03-17 20:22:25
Fed Chair Ben Bernanke Testifies On Bank Supervision And Monetary Policy
WASHINGTON - MARCH 17: Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on March 17, 2010 in Washington, DC. The committee is examining the link between Federal Reserve supervision and monetary Policy. (Photo by Mark Wilson/Getty Images) Copyright 2010  Getty Images
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Personal Incomes

AP News | 2010-03-17 20:00:14
Personal Incomes
In this Feb. 18, 2010 photo, a Shopper loads her car with goods as she leaves Wal-Mart in Brunswick, Maine. Personal spending jumped by a larger amount than expected in January but Americans' incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a ...
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