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Gas prices are no win for Winnebago

Mar 20, 2008
With 96-gallon tanks to fill, some Winnebago owners are driving a lot less lately. But Alisa Roth reports despite the various Winnie costs and RV sales beginning to slump in 2006, there's still hope for the industry.
Posted In: Housing, Travel

Are mid-sized banks safe from crisis?

Mar 20, 2008
After the trouble with Bear Stearns, there's concern about mid-sized banks like Washington Mutual that are heavily exposed to mortgages. But Dan Grech the Federal Reserve's aggressive moves are calming nerves.
Posted In: Economy

Forgetful Fed repeats errors of the past

Mar 19, 2008
Just like today, the early 1970s were also a time of accelerated inflation and rising commodities prices. Commentator David Frum says the Fed is now repeating the mistakes it made in the early '70s -- mistakes which ultimately led to a recession.
Posted In: Economy

Mortgage rates rise despite Fed cuts

Mar 19, 2008
Though the Fed cut interest rates dramatically, the average 30-year fixed mortgage rate has gone up since the beginning of January. Jeremy Hobson reports why banks aren't interested in dropping rates for long-term loans.
Posted In: Economy, Housing

Fannie, Freddie regulations eased

Mar 19, 2008
The federal government already raised the limit on loans mortgage lenders Fannie Mae and Freddie Mac can underwrite. Today's move to relax capital requirements on loans is designed to quickly free up $200 billion in more financing. John Dimsdale reports.
Posted In: Housing, Investing, Wall Street

Mortgage refinancing can't help if low

Mar 19, 2008
Mortgage refinancing has been at its lowest level since December, and policymakers have been hoping refinancing could help end the crisis in the financial markets. Jeremy Hobson reports.
Posted In: Economy, Housing

A new kind of call to prayer

Mar 19, 2008
Israeli high-tech expert Avshalom Neumann was inspired to set up a business after he saw a religious pilgrim call home from Jerusalem's Wailing Wall. Orly Halpern has more on his call-in prayer service.
Posted In: Entrepreneurship

Starbucks tries to roast its competition

Mar 19, 2008
Since other fast food companies have started offering coffee drinks, Starbucks has been seeing their profits drop. Lisa Napoli reports how the coffee giant plans to rebound from recent competition.
Posted In: Retail

Bear investor could be planning revolt

Mar 19, 2008
With the Bear Stearns deal encouraging JP Morgan to buy the bank for just $2 a share, some shareholders stand to lose a lot of money. Stephen Beard reports one large investor is attempting to turn around the low-ball offer.
Posted In: Wall Street

Word on the Wall Street

Mar 19, 2008
We've been hearing a lot about the economy lately from analysts and administrators alike. But what are they saying on Wall Street? We went down there to talk to a few people -- investors or not -- and find out.
Posted In: Wall Street

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