A Word From Bernanke Turns Stocks Around
Stocks opened lower Friday but reversed course after a letter surfaced from Federal Reserve Chairman Ben Bernanke, suggesting there was room for the central bank to do more to help the economy.
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Fannie Mae Employees Got VIP Loans from Countrywide
Newly released documents from the House Committee on Oversight show that Fannie Mae employees accepted special loans and treatment from Countrywide Financial years before the 2008 mortgage meltdown brought financial markets to their knees.
How Many Stimulus Jobs? Good Question
The Council of Economic Advisers released its second report on the effect of the American Recovery and Reinvestment Act, better known as the stimulus bill. But are the numbers any good?