Treasury's Kashkari Wants Transparent TARP In testimony before the Committee on Oversight and Government Reform, Neel Kashkari of the Treasury Department said he is committed to keeping the deployment of the TARP funds as transparent as possible.
U.S. Libor Rates Higher on Friday U.S. inter-bank lending rates are higher on Friday as renewed concerns over the fate of the economy are back again in the forefront.
Fed's Bernanke Says More Co-ordinated Measures Possible Speaking at a panel discussion at the European Central Bank, Fed Chairman Ben Bernanke is said that while monetary policy has not resolved the financial market crisis, global policy-makers stand ready to take further measures if needed.
Survey of Remodelers Show Work, Expectations in Decline The National Association of Home Builders (NAHB) released its Remodeling Market Index (RMI) on Tuesday and it showed a significant decline in the current market conditions' indicator for the third quarter of 2008.