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Obama to hold online question session Thursday

President Barack Obama on Tuesday encouraged Americans to submit their questions about the economy over the Internet and said he will answer some of them live on the White House Web site on Thursday.

Obama meets with bank CEOs on Friday: sources

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U.S. President Barack Obama will meet with about a dozen top bank chief executives on Friday, including executives from JPMorgan & Co, Goldman Sachs and Citigroup, two sources familiar with the matter said on Tuesday.
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Obama to meet with top bank CEOs on Friday: source

President Barack Obama will meet with about a dozen top bank chief executives on Friday, including executives from JPMorgan & Co, Goldman Sachs and Citigroup, a source familiar with the matter said on Tuesday.
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Goldman to repay TARP pending test, U.S. blessing

Goldman Sachs Group Inc is prepared to pay back the U.S. government's $10 billion Troubled Asset Relief Program investment as soon as allowed by regulators, but some hurdles remain, a person familiar with the situation said on Tuesday.
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Wall St. slides as investors reassess government bank plan

Stocks slid on Tuesday as investors paused to reassess the likely success of the government's latest plans to clean up bank balance sheets and revive the financial system, a day after initial euphoria over the plan drove huge gains.
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Wall St. slides as govt plan on banks reassessed

Stocks slid on Tuesday as investors paused to reassess the likely success of the government's latest plans to clean up bank balance sheets and revive the financial system, a day after initial euphoria over the plan drove huge gains.
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U.S. boardroom group launches governance campaign

A U.S. corporate directors' group on Tuesday recommended a slate of new governance principles for company boards, including better communication with investors on executive pay and improved oversight of business risks.
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Oil up slightly, dealers await U.S. stocks data

Oil rose slightly on Tuesday after U.S. stock markets bounced off their lows amid lingering optimism that the government's plan to unburden banks of soured assets could help shore up the ailing economy.
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U.S. pensions seen favoring bonds over stocks: study

After sustaining record losses in 2008, U.S. pension funds are unlikely to return to the high level of stock market allocations favored before the global financial crisis and will probably favor greater bond allocations, the author of a study said on Tuesday.
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US pensions seen favoring bonds over stocks: study

After sustaining record losses in 2008, U.S. pension funds are unlikely to return to the high level of stock market allocations favored before the global financial crisis and will probably favor greater bond allocations, the author of a study said on Tuesday.
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Four SUVs earn top rollover safety mark in U.S. test

The Insurance Institute of Highway Safety said on Tuesday that four of 12 small SUVs it tested received its top rating for their ability to withstand roof damage in rollover accidents that often prove deadly.
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Oil falls below $53, dealers eye US stockpiles

Oil fell nearly $1 to below $53 a barrel Tuesday on expectations U.S. inventory data would show an increase in crude stockpiles and as the greenback made gains against other currencies.
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U.S. toxic asset plan not for private equity: Canning

Private equity funds will likely not be big players in a partnership with the U.S. government to buy toxic bank assets, but the approach offers other investors a good opportunity to make money, a top private equity investor said on Tuesday.
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Obama calls for global action to end downturn

U.S. President Barack Obama called for bold, comprehensive and coordinated action to end a global economic downturn on Tuesday as he prepared for an evening news conference to explain his recovery strategy to a recession-weary public.
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IAEA to vote for new chief, stalemate possible

Thirty-five nations vote on Thursday for a new International Atomic Energy Agency chief at a time of mounting challenges to the nuclear non-proliferation regime, but it was unclear if a winner would emerge.
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Oil falls below $53 as dollar strengthens

Oil fell below $53 on Tuesday, giving away some of the previous sessions gains, pressured by a stronger U.S. dollar and losses on European and U.S. stock markets.
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Fed's Evans: U.S. growth should resume this year

The U.S. economy should start growing by the end of this year and unemployment, expected to peak at around 9 percent, will begin to decline in 2010, Chicago Fed President Charles Evans said on Tuesday.
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Bernanke's Testimony on AIG - 3-24-2009 (Full Text)

The following are prepared remarks by Federal Reserve Chairman Ben Bernanke, who was set to testify in Washington today about the Fed’s involvement in the bailout of insurance giant American International Group Inc.

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