Ukrainian Prime Minister Arseny Yatseniuk will visit Washington this week for talks as tensions build over Russian forces' seizure of the Crimea, a White House official confirmed on Sunday.» Read More
Amidst the public outcry over compensation for AIG employees, some key facts have been obscured or overlooked. And the perspective of employees, including the AIG employees, seems to be missing from the discussion.
Treasury Secretary Geithner told CNBC that the government's highly-anticipated plan to deal with troubled loans and assets is just the latest effort to stem the financial crisis.
CNBC's Erin Burnett interviews Treasury Secretary Tim Geithner.
The US Treasury revealed details of a highly-anticipated plan to set up public-private investment funds that will buy up to $1 trillion in troubled loans and securities at the heart of the financial crisis.
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Taking advantage of the populist revolt against Wall Street and AIG bailouts, the House Democrats have passed a vengeance tax on TARPed financial firms that amounts to a 90 percent marginal tax rate on bonuses.
Life in limbo is costing GM and Chrysler. New numbers show the residual values of GM and Chrysler cars have taken a hit. Meanwhile, another survey of car buyers shows a sizable drop in the percentage of buyers who are considering buying a GM or Chrysler.
President Obama was alternately somber and light-hearted in an unusual appearance on America's top-rated late-night variety show Thursday, moving deftly from the economic crisis to the April arrival of a "First Dog" in the White House.
President Barack Obama is playing a bit of divide-and-onquer this week, pitting his Republican critics in Washington against GOP governors and mayors eager for the federal money.
President Barack Obama pressed his case for an expensive budget and broad financial reforms while anger over bonuses paid at bailed-out insurance giant AIG threatened to overshadow his economic agenda.
Mortgage rates are already falling as a result of the Fed's plan to add another trillion dollars of fire power to its arsenal, but traders worry the move is a poor statement on the economy.
President Barack Obama said no one in his administration created the mess at insurance giant AIG, including the much-maligned executive bonuses, but that "the buck stops with me" to fix it.
Congress is once again kicking around the idea of giving people an incentive to trade in their old car or truck for a newer, more fuel efficient model. It's an idea that has sparked demand for new cars in other countries around the world. And frankly, it is one of the few incentive programs that is a win/win situation.
In a new Web video, President Barack Obama is asking Americans to help him pass his $3.6 trillion budget.
The white-hot anger over AIG continues to radiate heat beyond any politician's worst nightmare. This is what happens when friends don't let friends go into bankruptcy.
Every day, insurance companies sell policies to homeowners to cover the cost of damage in the case of fire. Why would those companies agree to pay out in full to a policyholder even if a fire had not occurred?
The stock market's surprising show of strength Tuesday is convincing traders the rally still has a ways to go.
Eleven of the AIG employees who were received retention bonuses of $1 million or more are no longer with the company, according to a letter sent from New York Attorney General to Rep. Barney Frank.
President Obama's top economic adviser Larry Summers told CNBC that the administration will be "as creative as we can" to get back at least some of the $165 million in bonuses that AIG paid.
Iowa Sen. Charles Grassley suggested that AIG executives should accept responsibility for the collapse of the insurance giant by resigning or killing themselves.