To find out how Treasury's mortgage rate-cut plan might come together -- or whether it's even possible -- Kai Ryssdal talks with Susan Wachter, professor of real estate at the University of Pennsylvania.
A more humble collection of auto industry CEOs came calling on Congress today. But the jury's still out on whether their latest proposal will get them the money they need. Nancy Marshall Genzer reports.
Congressman Barney Frank will give a speech today about re-regulating the financial system, which the House Financial Services Committee will take up next month. Frank is hoping for an overhaul by summer. Steve Henn reports.
Consumer groups are saying the U.S. lags behind other nations in terms of broadband service. The FCC will look into the U.S. Internet connection, but Janet Babin reports we need to redefine what exactly "broadband" is.
Last month England's central bank dropped its interest rate to 3%, a 50-year low. Another half-point cut is expected Thursday to help hard-pressed borrowers. But that has hard-pressed savers upset. Stephen Beard reports.
Citigroup is teetering on the edge of collapse, and the Federal Reserve keeps trying to salvage the economy by throwing money at it. Senior Business Correspondent Bob Moon reviews the week's developments in the financial crisis.
More and more American's nest eggs are getting picked apart by the financial crisis. Host Tess Vigeland talks with J. Mark Iwry of the Brookings Institution about how the 401(k) has outgrown its original intent.
A new forecast sees delinquent mortgages nearly doubling by the end of next year. Homeowners with adjustable-rate mortgages, in particular, are in danger of getting squeezed. Jeff Tyler reports.
As Ford, General Motors and Chrysler go hat in hand to Congress asking for help, their CEOs now say they'll take just a dollar a year in salary if that'll make things better. But the bucks don't really stop there. Jeremy Hobson reports.
The United Auto Workers union has decided to make concessions to the Big Three carmaker in an effort to help them make their case to Congress for about $34 billion in loan guarantees and lines of credit. Nancy Marshall Genzer reports.
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How would Treasury's plan work?
No clear road yet for carmakers' bailout
A Frank approach to financial regulation
Groups say U.S. needs faster Internet
U.K.'s prudent savers feel punished
Bailouts and rescue efforts keep coming
Rethinking the 401(k)
New wave of delinquencies on the way
Bucks don't stop at CEOs' $1 salaries
UAW moves to help carmakers' cause
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