Early last year, the Pension Benefit Guarantee Corporation had more than $68 billion invested -- but began to chip away at that with risky investments. Steve Henn reports Congress will be looking into it.
Barack Obama will run half-hour prime time ads on national networks next week. The payoff: Reaching 20 million Americans right before the election. The cost: about $3 million. But, Steve Henn reports, it's not like he's short on cash.
The second annual Algae Biomass Summit is going on today in Seattle, and the substance has garnered serious attention from investors for its biofuel potential. Sarah Gardner gives us more algae plus points.
The plan to help homeowners facing foreclosure will cost $40 billion, and the money would come from the original pool of bailout money. But commentator Andrew Caplin resurrects an old idea that doesn't involve all that cash.
Some immediate causes of this morning's fallen Dow: word of negative economic growth in Britain and profit warnings from big companies. But Dan Grech explains the role of what some call "forced selling."
The days of gas below $3 a gallon are fast returning, but this doesn't necessarily bode well across the board. Sarah Gardner reports falling oil and gas prices undercut the incentive for renewable energy projects.
Former Fed Chairman Alan Greenspan told Congress he's "shocked" at the financial meltdown. He did concede his belief in deregulation was flawed, but Nancy Marshall Genzer asks, did Greenspan really not see this coming?
With the price of oil and gas plummeting, Russia's once bulging budget could be heading for a deficit. Megan Williams reports half the country's income is from oil, and production is dropping along with price.
We've yet to spot a guy walking around with a sign that says "the end is nigh," but the chatter on Armageddon and Rapture Web sites is heating up. Sean Cole decided it was time to check in with a few "end time economists."
Pages
Government pension fund hard hit
Obama's ready for prime time
Biofuel investors hot for pond scum
Old mortgage practice has merit
Where are the stock market "circuit breakers"?
Leverage can be a dangerous thing
Cheap oil bad for renewable energy
Alan Greenspan's 'shocked disbelief'
Russia faces deficit on down ruble
Is there a divine hand in the Dow?
Pages