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Feds, DOJ Prepare 3rd Secret Briefing On Confidential Sources For Hill Bosses
Congressional leaders say they're mostly satisfied with what they've learned about the counterintelligence investigation but have a few more questions for the FBI and Department of Justice.
Biden wants Congress to boost penalties for executives when midsize banks fail
President Biden said the current law limits his administration's power to hold executives responsible when midsize banks fail due to mismanagement.
The 'Ask Your Uncle' Approach To Economics
The Beige Book — a big, official report — is mostly a bunch of stories gathered by talking to businesses around the country.
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'We're Here To Stay' Says Newly Confirmed Consumer Watchdog
After two years of political bickering, Richard Cordray has been confirmed as head of the Consumer Financial Protection Bureau. He thinks that, in the end, his agency has won bipartisan support for the work it will do.
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6:02
Ike Threatens Texas Oil Refineries
Hurricane Ike is storming toward the Gulf Coast of Texas — home to a quarter of the nation's oil refining capacity. As refineries shut down in anticipation of the storm, wholesale gasoline prices have shot up, despite crude oil prices falling to their lowest level in more than five months.
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Jury Declares Lay and Skilling Guilty of Fraud
Former Enron Corp. chiefs Kenneth Lay and Jeffrey Skilling are convicted Thursday of conspiracy to commit securities and wire fraud in a case born from one of the biggest business scandals in U.S. history. The pair now face lengthy prison sentences.
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Gambling Legend Wasn't Always A Winner
His name was Alvin Thomas. But nobody dared call him that. "Titanic" Thompson earned his nickname from a life spent gambling -- because Titanic could sink anybody.
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5:19
Revenue Decline Forces Cuts At NPR
Because of a sharp drop in corporate underwriting, National Public Radio has announced the elimination of 64 filled and 21 unfilled positions as part of cuts throughout the organization. Two shows, News & Notes and Day to Day, were canceled.
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Paulson: Balance Is Key in Plan to Fix Credit Crisis
As the U.S. dollar hit a 12-year low Thursday in relation to the yen, U.S. Treasury Secretary Henry Paulson talks with Melissa Block about the weakness of the dollar and recommendations from the president's working group on shoring up the nation's financial services sector.
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Bill Clinton Urges 'Substantial Drawdown' in Iraq
While there has been some U.S. military success in Iraq, a "substantial drawdown" of American forces is needed this year, Bill Clinton says. U.S. troops are so stretched that it would be difficult for them to respond to a national security emergency, the former president says.
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