US pumps $800 billion in new lending programs

Henry PaulsonIn the latest of the gigantic efforts by the US authorities to revive the nation's crippled banking system, the Federal Reserve and the Treasury announced on Tuesday a pumping of $800 billion in new lending programs.

Obama to announce new economic team

Obama to announce new economic team US President-elect Barack Obama, who takes ov

Bernanke says he underrated the impact of mortgage crisis

Federal Reserve Chairman, Ben BernankeAn article in the latest edition of The New Yo