Latest Stories

Latest Stories


Fingers crossed for a rate cut?

Amy Scott | Aug 13, 2007
The Fed will be looking at two key inflation measures this week: Tomorrow we'll get a read on July wholesale prices and Wednesday the Labor Department reports on consumer prices. But officials may have something else on their minds. Amy Scott has more.
Posted In: Economy, Wall Street

What to do about Avandia?

Stephen Beard | Aug 13, 2007
With more studies out on the potentially serious side-effects of Avandia, GlaxoSmithKline is trying to revise marketing for its once second-best selling drug. Stephen Beard reports.
Posted In: Health

Now that's cradle-to-grave marketing

Jeremy Hobson | Aug 13, 2007
It's the latest trend in fundraising, er make that "friend raising." A growing number of colleges and universities now offer their most devoted alumni a chance to spend the afterlife back on campus. Jeremy Hobson has the story.

Race for Arctic oil heats up

Sam Eaton | Aug 13, 2007
A team of Danish scientists shipped out this weekend for a month-long mapping expedition in the Arctic Ocean. It's the latest move in what's become a high-stakes race to claim the Arctic's potential oil reserves. Sam Eaton reports.

No private-equity blues for Blackstone

Amy Scott | Aug 13, 2007
Despite private-equity firms struggling with the credit market clamp down, Blackstone Group still posted a healthy profit last quarter. But Amy Scott reports the company may have more challenges ahead.
Posted In: Wall Street

Sad development in Chinese toy recall

Scott Tong | Aug 13, 2007
Mattel recently recalled nearly a million toys made a Chinese supplier because they contained dangerous levels of lead paint. Over the weekend, the head of that company reportedly committed suicide. Scott Tong reports.
Posted In: Canada

Bernanke and Credit Crunch, 1990-91

Chris Farrell | Aug 11, 2007
Federal Reserve Board chairman Ben Barnanke is trying to hold the line. Although I disagree with much of the current commentary disparaging Alan...

Know your 401K plan

Janet Babin | Aug 10, 2007
With no end in sight to the subprime mortgage crisis, many Americans can at least count on one thing: their 401K. A new study says our contributions are up over the past few years. But Janet Babin reports that there are still things people don't know about their plan.
Posted In: Investing

Who owns your mortgage?

| Aug 10, 2007
Many experts point to the mortgage mess as the cause of the current stock market dip. But one problem for many people who have a bad mortgage is that they don't know who actually owns it. Tess talks to UCLA finance professor Dr. Stuart Gabriel.

Making sense of a market tailspin

Tess Vigeland and Chris Farrell | Aug 10, 2007
A week after closing at a record high, the Dow posted its biggest one-day decline since February. What's going on? To help make sense of it, Tess Vigeland talks to Marketplace Money's economics editor Chris Farrell.