Signs of recession are everywhere in Michigan, which has been dealing with the auto industry's decline for years. New York Bureau Chief Amy Scott visited the Detroit area for our "Road to Ruin?" series and tells Kai Ryssdal what she saw.
Charities are taking a blow from the economic crisis, as are emerging-nation businesses that rely on loans and profits. Commentator Edward Miguel warns of the consequences of heightened poverty.
Treasury Secretary Henry Paulson said taxpayers get preferred stock and banks get cash infusion when the government purchases the stocks. Washington Bureau Chief John Dimsdale has more.
An early lesson from the meltdown: Wall Street isn't the safest place to save. Economics editor Chris Farrell sets the story straight on rethinking the way we save for retirement.
So what does the U.S. government's new plan to invest directly into banks mean for the taxpayer? Ashley Milne-Tyte reports the idea is that everyone will get their money back eventually.
Call it the bailout heard round the world. After a weekend of meetings, France, England, Germany and other European countries unveiled their rescue plan: pump cash, cash and more cash directly into banks. Stacey Vanek-Smith takes a look.
Stocks that dropped 40% last week are now up 20%. What gives? Is it suddenly a better time to invest in everything from banks to fast food? Jeremy Hobson reports on the science of volatility.
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The Intrade bettors
Recession is nothing new for Michigan
Don't forget the already poor
Paulson: U.S. will buy stock in banks
Straight Story: Rethinking retirement
Buy gold for IRA?
Can taxpayers bank on the new plan?
European plan puts cash in banks
A lesson in market volatility
Now, how to put this on the radio...
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