By Daniel Wagner AP Business Writer Washington — Over the next several years, failed commercial real estate loans could litter American cities with empty stores and office complexes, cause hundreds of bank failures and weaken the economy, according to a ...

Tagged with: commercial real estate Congressional Oversight Panel Treasury

MADISON, Wis. (AP) — The state treasury made more than 26,000 people happy last year by reuniting them with cash they didn’t know they had. The state sometimes ends up with people’s money in the form of uncashed paychecks, stock ...

Tagged with: property Sass Treasury

WASHINGTON (AP) — Treasury Secretary Timothy Geithner says he believes it’s reasonable to expect “positive job growth” by spring and that people should have confidence about an improving economic climate. In an interview broadcast on ABC’s “Good Morning America,” Geithner ...

Tagged with: economy Geithner jobs Treasury unemployment

By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a record low. Fed Chairman Ben Bernanke and his colleagues ...

Tagged with: banks Bernanke credit economy Fed Federal Reserve interest rates Obama Treasury

By Martin Crutsinger AP Economics Writers Washington — The Obama administration has extended the $700 billion Troubled Asset Relief Program until October, setting up a struggle between Democrats who favor using some of the leftover money to help generate jobs ...

Tagged with: Geithner Treasury Troubled Asset Relief Program

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Obama administration will lose $200 billion less than expected from the federal bailout program and is looking at using part of the savings to fund new job creation efforts. A ...

Tagged with: bailout budget Congress Geithner jobs Obama Pelosi TARP Treasury Troubled Asset Relief Program

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials ...

Tagged with: Congressional Oversight Panel foreclosure Home Affordable Modification Program loan mortgage Mortgage Bankers Association Obama Treasury