Latest Stories

Latest Stories


Fed rate cut addresses global crisis

Renita Jablonski | Oct 8, 2008
The U.S. Federal Reserve just teamed up with several other central banks for a coordinated rate cut. The Fed slashed its key rate by half a percentage point. Renita Jablonski explores the move with economist Peter Morici.

Britain has a brand new bailout

Stacey Vanek Smith | Oct 8, 2008
Today Britain has unveiled a bailout package which would buy up billions worth of preferred stock in eight British banks. Renita Jablonski talks to David Buick of BGC Partners about how it would work.

Europe guarantees all bank deposits

Megan Williams | Oct 8, 2008
The Luxembourg meeting of 27 of Europe's finance ministers wrapped up with guarantees for all European bank deposits up to $70,000. Megan Williams reports why the guarantees couldn't be much larger.
Posted In: Investing

HUD can't help all homeowners

| Oct 8, 2008
The Department of Housing and Urban Development met on whether all-government housing assistance programs would help struggling homeowners. Danielle Karson reports they may not have enough funds to face the problem.
Posted In: Housing

Listeners tell us their concerns

Stacey Vanek Smith | Oct 8, 2008
We heard from listeners about what their greatest economic concerns were in the financial crisis. Among them: the tough job market and the recent lowering of gas prices.

Britain's bank rescue a different plan

Stephen Beard and Renita Jablonski | Oct 8, 2008
The British government announced its move to help the country's banking system by incorporating $90 billion of taxpayers' money. Stephen Beard tells Renita Jablonski why this bucks the trend of government policy.

Dividends becoming next crisis casualty

Janet Babin | Oct 8, 2008
Few things are more sacred to investors than quarterly dividends, but now dividends are becoming victims of the credit crisis, too. Janet Babin reports how dividend suspensions can hurt investors.
Posted In: Investing

Crisis calls for the right regulation

| Oct 8, 2008
When regulation goes bust, it's easy to blame the whole system and say all regulation needs tweaking. Commentator Will Wilkinson says it's not about a need for more or less regulation, but for the right regulation.

IRA vs, student loans

Chris Farrell | Oct 8, 2008
Question: I currently have approx. $60,000 saved for retirement, combined between a Roth IRA (Vanguard and Raymond James) and a SIMPLE IRA ...

Can he DO that?

Kai Ryssdal | Oct 8, 2008
Okay, I'm not exactly live-blogging the debate -- more like TiVo-blogging now that I've put the kids to bed -- but something Senator McCain just...