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Congress: Make the mortgage easier

Feb 14, 2008
Congress is looking at legislation that would change bankruptcy regulations to make it easier for people to hold onto their homes. But Stacey Vanek-Smith reports the government might not help the people in the most trouble.
Posted In: Housing

Diamonds: Not every girl's best friend

Feb 13, 2008
With Valentine's Day around the corner, many television ads are telling men to buy diamonds for that special someone. But Caitlan Carroll reports that not all girls will swoon at a gift of expensive jewelry.
Posted In: Retail

Countries alter food prices with tariffs

Feb 13, 2008
As food prices rise around the world, a number of food-importing countries are lowering tariffs and food-exporting countries are raising them. Kai Ryssdal talks to Homi Kharas from the Brookings Institution about tariffs' benefits and drawbacks.
Posted In: Economy

Virtual real estate booming

Feb 13, 2008
A boom in virtual real estate has caused generic domain names like Vodka.com to be worth millions of dollars. Even private equity firms have been injecting money into domain name companies. Lisa Napoli reports on what caused the growth and how long it could last.
Posted In: Entrepreneurship, Investing, Jobs, Science

Credit card companies reluctant to lend

Feb 13, 2008
Despite the Federal Reserve's efforts to bring interest rates down, many credit card users are finding their rates and fees have gone up. Many banks have become reluctant to lower interest rates because of delinquent payers and mortgage defaults. John Dimsdale reports.
Posted In: Economy

Retail-sales increase may be misleading

Feb 13, 2008
The Commerce Department reported a 0.3% increase in retail sales for January, causing some celebration among stock market traders. A closer look at the numbers, however, reveals they may not be worth celebrating. Bob Moon reports.
Posted In: Economy

Real estate websites still growing

Feb 12, 2008
At the height of the real estate boom, websites like Zillow and Trulia that displayed home values became huge. Now that the market is falling rapidly, investors are turning to them even more. Stacy Vanek-Smith reports.
Posted In: Housing, Science

Homeowners could be thrown 'Lifeline'

Feb 12, 2008
The Bush administration and six major mortgage lenders have unveiled "Project Lifeline," the latest response to the ongoing turmoil in the housing market. The plan could freeze foreclosures for as much as one month for seriously troubled homeowners. Jeremy Hobson reports.
Posted In: Economy, Housing

Jewelry retailers target 'dirty gold'

Feb 12, 2008
Just in time for Valentines Day, activists and jewelry retailers are stepping up a campaign to discourage the mining and sale of "dirty gold." Their first target: a proposed gold mine in Alaska. Sarah Gardner reports.
Posted In: Retail

Oracle of Omaha to the rescue

Feb 12, 2008
Warren Buffett has offered to reinsure $800 billion in municipal bonds to help struggling bond insurers hampered by fallout from the credit crunch. The deal would likely allow the municipal bonds to receive a AAA rating. Dan Grech reports.
Posted In: Economy, Housing, Investing, Wall Street

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