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More banking woes 1:02 Report

Oct. 18 - U.S. stocks headed lower on Thursday after a bigger-than-expected loss at Bank of America added to worries of a U.S. economic slowdown.

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Senate panel approves Bernanke nomination

WASHINGTON (Reuters) - The U.S. Senate Banking Committee on Thursday approved the nomination of Federal Reserve Chairman Ben Bernanke for a second term, sending it to the full Senate for a final confirming vote. | Video

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President Barack Obama delivers remarks at Lehigh Carbon Community College in Allentown, Pennsylvania, December 4, 2009. REUTERS/Jim Young
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Would you give him a B+ too?

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Burning borrowed money

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