Latest Stories

Latest Stories


Where the market dive began

Tess Vigeland | Aug 17, 2007
The stock market took another dive this week as fears of an imploding credit market continued to spread. At issue are expectations that the current credit crunch might get worse. Host Tess Vigeland goes back to the beginning of it all with economist Mark Zandi.
Posted In: Economy

Summer School: Consumer sentiment

| Aug 17, 2007
The numbers and the markets will be what they'll be, but how do you feel? Economist Diane Swonk gives us a lesson on consumer sentiment.

529 ways to save for college

Tess Vigeland | Aug 17, 2007
When it comes to college, high school seniors have a lot to consider. But if their parents opened up a 529 plan, one thing they won't have to think about is where to get the money to pay for it. Tess Vigeland talks to Money Magazine writer Penelope Wang.
Posted In: Savings

Home Prices?

Chris Farrell | Aug 17, 2007
It's not surprising that home prices are down. What is a bit surprising is how resilient home prices appear to be after all the shock waves of...

The Discount Rate Cut

Chris Farrell | Aug 17, 2007
There's more financial market tubulence ahead. Okay, that's a safe forecast. Still, the the Fed's dramatic cut in the discount rate is probably...

Fed's action gives markets some relief

Jill Barshay | Aug 17, 2007
The Fed today cut the discount rate -- what banks pay to borrow from the Fed -- by half a percentage point. Banks use it only when they're in a bind. Like the one they've been in the past couple of weeks. Jill Barshay reports.

Skype silenced by software bug

Lisa Napoli | Aug 17, 2007
Skype, one of the most popular companies offering phone service over the Internet, suffered a pretty unpopular glitch the last couple of days. Lisa Napoli reports.

Southwest taking short hauls to No. 1

Stacey Vanek Smith | Aug 17, 2007
Southwest Airlines is on track to become the biggest airline in the world by the end of this year, as measured by the number of passengers carried. What's its key to success? Stacey Vanek-Smith reports.
Posted In: Travel

Beach reads: 'My Name Is Red'

| Aug 17, 2007
We've asked some of our commentators to send along their nominations for the best business beach books. For today's final installment writer Harriet Rubin recommends a contemporary novel about the beauty of innovation.
Posted In: Books

Week on Wall Street

Kai Ryssdal | Aug 17, 2007
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about the markets' nervous reactions to the liquidity shortage.
Posted In: Investing, Wall Street