May 15, 2013 The Congressional Budget Office has sharply revised down the outlook for the federal budget deficit. Some temporary factors are being cited for the projected improvement. Keeping the deficit on a downward path may depend on the economy, analysts say.
April 25, 2013 Regulators are warning some of the nation's largest banks to stop offering loans that are hard to distinguish from those given out by storefront payday lenders. The banks have been offering high-interest-rate, short-term loans to customers with direct deposit as an advance on their paychecks.
April 11, 2013 Few expected the Bank of Japan's program to buy up government bonds to dwarf the Federal Reserve's similar effort in the U.S. Japan's stock market has soared and the yen's value tumbled. Thus far, the move is boosting exports, but is also making Asian competitors nervous.
March 29, 2013 New restrictions on big depositors are controversial, and there's no consensus on the efficacy of the country's strategy. Besides affecting Cyprus' economy, the new measures could become a template for other eurozone countries. Selective restrictions might create a tiered system within the bloc.
March 19, 2013 On the political far left and right, some believe that large banks still pose a threat to taxpayers. These banks are so big, they argue, that the government will step in with support if needed. Still, the more mainstream view in Washington is that the Dodd-Frank reforms are sufficient to handle the problem.
March 6, 2013 The stock market's long climb has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.