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Small Banks Struggling Under TARP Rules

The Treasury Department's Troubled Asset Relief Program (TARP) was back in the news on Wednesday. The program's inspector general is warning that smaller banks are having a hard time paying back money they borrowed. Christy Romero, TARP's Special Inspector General, says the banks owe a collective $15 billion and don't have good prospects for raising the money.
NPR

Federal Reserve To Keep Interest Rates Low

Federal Reserve policymakers wrapped up a two day meeting on Wednesday with an announcement that they intend to keep interest rates right where they are. In a statement, the Open Markets Committee said interest rates will likely need to remain at exceptionally low levels through late 2014.
NPR

Orders For Durable Goods Drop Sharply

The 4.2 percent decline in March is the largest monthly drop in three years. Much of it was due to a fall in orders for aircraft.
NPR

'Bittersweet Season' Details Caring For Aging Mom

As part of Morning Edition's Family Matters financial literacy series, Renee Montagne talks to Jane Gross, author of A Bittersweet Season, about caring for her aging mother, and what she wishes she had known before she started.
NPR

Fed Chief Bernanke To Discuss Sluggish Economy

Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.
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Maryland Lawmakers Hope To Reshape Post Office Bill

Before Congress is a bill that could radically change the services offered by the United States Postal Service, and Maryland lawmakers are working to spare an Easton delivery center from the budget axe.

NPR

Can You Pay For Yourself, Your Kids, Your Parents?

More adults are helping pay for aging parents, at an average of $3,500 a month, according to MetLife. That's why experts say it's vital to plan for a future that includes parents. For NPR's series, "Family Matters: The Money Squeeze," host Michel Martin speaks with NPR's Marilyn Geewax, journalist Joan Lunden, and Houston Mayor Annise Parker.

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