Bernie Sanders says he wants to break up too-big-to-fail banks. But Hillary Clinton says the real risks to the financial system lie in lightly regulated corners of the economy known as shadow banks.
Despite changes after the 2008 financial crisis, Neel Kashkari, one of the leading figures in the federal bailout, says major banks are still at risk. "I don't think we've gone far enough," he says.
His proposed "speculation tax" — a small levy on every stock, bond or derivative sold in the U.S. — would fund higher education. Estimates of how much revenue it might raise vary greatly.
The nation's business economists see higher wages coming for workers, but that good news did not cheer Wall Street investors on Monday. They continued to worry about supercheap oil prices.
While experts focus on trying to explain the stock market's jumps and dives, we spend a little time cutting through the bull to get some different answers.
Stock prices continue to fall as global investors worry about China's slowing demand. At the same time, oil prices are plunging as supplies surge. Together, it's making for a tough day in the markets.
Bernie Sanders and Martin O'Malley jabbed at Hillary Clinton during a Democratic forum in South Carolina Friday night, questioning the frontrunner's liberal bona fides.