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.
Everyone from the auto industry to American Express has been taking advantage of the bailout rescue package. But commentator Robert Reich says Chapter 11 bankruptcy would keep companies going at no cost to the taxpayer.
As many of us see our retirement savings dwindling from the stock market's decline, a natural reaction is to close our wallets. Economist Dan Ariely tells Kai Ryssdal we may want to rethink that notion.
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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
Enough already with the bailouts
Show me the money...
Despite 401k, maybe you should spend
Frontload 401(k) contributions?
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