Developed nations look to restore growth
The financial leaders of the world’s most developed economies were wrangling Friday over how to revive a faltering economic recovery at a time when interest rates are already low and government debt is...
View ArticleDocuments show how Fed missed housing bust
Ben Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation’s economy could pull off a “soft landing” from falling home prices. Three months later,...
View ArticleObama seeks corporate tax rate cut to 28 percent
President Barack Obama is proposing to cut the corporate tax rate from 35 percent to 28 percent and wants an even lower effective rate for manufacturers, a senior administration official says, as the...
View ArticleObama seeks corporate tax rate cut, loophole limit
President Barack Obama on Wednesday proposed a lower corporate tax rate and an end to dozens of loopholes he said helps companies move jobs and profits overseas. “It’s not right and it needs to...
View ArticleGeithner hopeful a fiscal crisis can be averted
Treasury Secretary Timothy Geithner is voicing confidence the Obama administration and Congress will avert a fiscal crisis. Geithner tells “CBS This Morning” it would be “untenable” to defer critical...
View ArticleUS, Germany stress cooperation to end euro crisis
U.S. Treasury Secretary Timothy Geithner and his German counterpart stressed the need for coordinated action Monday in the face of the eurozone debt crisis and faltering global growth, but left open...
View ArticleNo deal in sight as deadline for fiscal deal nears
President Barack Obama and Congress continue their stalemate over how to avoid the fiscal cliff, Treasury Secretary Timothy Geithner said the U.S. would hit its debt ceiling Monday.
View ArticleIn picking Lew, Obama turns a page at Treasury
In selecting Jack Lew to replace Treasury Secretary Timothy Geithner, Obama not only picks an insider steeped in budget matters but also a tough bargainer.
View ArticleGeithner sees US economy strengthening gradually
Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year — as long as Congress avoids cutting spending too deeply.
View ArticleGeithner has book deal, release scheduled for 2014
Crown announced Thursday that Geithner's book, currently untitled, is scheduled for 2014 and will provide a "behind-the-scenes" account of the financial crisis.
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