Latest Stories

Latest Stories


Is Greenspan to blame?

John Dimsdale | Aug 14, 2007
Some pundits are pinning the blame for market uncertainty of late to former Fed chairman Alan Greenspan, but is it fair to second guess 18 years of decision-making in hindsight? Besides, he did warn borrowers two years ago, John Dimsdale reports.
Posted In: Economy, Wall Street

Interest rate whispers every which way

Stacey Vanek Smith | Aug 14, 2007
Wall Street wants a rate cut, but some folks are still stuck on inflation worries and hoping to see a bump in the other direction. Meanwhile, the Fed's been happily holding steady. What next? Stacey Vanek-Smith sorts through the speculation.
Posted In: Economy, Wall Street

Lobbying for child care funds

Lisa Napoli | Aug 14, 2007
We all know child care is expensive. Now a survey of 600 women demonstrates how dramatically the costs may impact family planning. The group behind it hopes it'll turn up the volume on its call to restore federal budget cuts. Lisa Napoli reports.
Posted In: Washington

Even more recalled Chinese-made toys

| Aug 14, 2007
Today Mattel announced that it's recalling about 9 million more toys, including products with magnets that can be harmful if swallowed. Doug Krizner gets feedback from business professor Eric Johnson, who follows the toy industry.
Posted In: Retail

Bolivia issues an ultimatum

Dan Grech | Aug 14, 2007
Bolivia has a wealth of natural gas, but it doesn't have the money to get it out of the ground. It needs foreign firms to help, and it wants help now. So it's told them to get moving or get out. That should speed things along, Dan Grech reports.
Posted In: Canada

No bailout, an 'investment opportunity'

Amy Scott | Aug 13, 2007
Goldman Sachs announced it's pouring $3 billion with the help of investors into one of its hedge funds that lost 32% of its value in the past week. It might walk like a bailout and talk like a bailout but, as Amy Scott reports, don't call it a bailout.
Posted In: Economy, Wall Street

Mortgage-backed securities 101

Kai Ryssdal | Aug 13, 2007
Mortgage-backed securities seem to be at the root of the markets' problems these days. So what exactly are they? Kai Ryssdal turns to portfolio manager Mike Hatley to help us all understand.
Posted In: Economy, Wall Street

Is there subprime in your portfolio?

Ashley Milne-Tyte | Aug 13, 2007
Chances are some of us have skin in the subprime game too, even if we don't know it. Ashley Milne-Tyte has been looking into how individual investors might get hit.
Posted In: Investing, Wall Street

Fed will likely avoid 'moral hazard'

| Aug 13, 2007
Should the Federal Reserve pump money into the system to help out institutional players who took big risks when times were good and money was cheap? Commentator Krishna Guha says that's looking at it the wrong way.

Travel with a lot less baggage

| Aug 13, 2007
As anyone who travels by air knows, getting your bags through security can be a serious hassle. So a few businesses that ship luggage door-to-door are finding some new clients. Alex Goldmark reports.
Posted In: Travel