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A bigger cap for Fannie and Freddie?

Sep 22, 2007
This week the Treasury secretary suggested raising the cap on the size of mortgages Fannie Mae and Freddie Mac can buy up from banks and other lenders. The Bush administration has opposed that move. Nick Retsinas, who teaches housing economics at Harvard, explains.
Posted In: Economy, Housing

Straight Story: Social Security reform

Sep 22, 2007
Chris Farrell says a congressman's proposal to set up government-sponsored personal investment accounts for every American is a great idea.

Bullies in the workplace

Sep 22, 2007
Most of us have left bullies behind in the schoolyard . . . or have we? As Andrea Gardner found out, there's a disturbing new trend in office harassment claims. Is there a sheep in wolf's clothing in your office?
Posted In: Jobs

Buzzword: Discount rate

Sep 22, 2007
This week the Fed made noise when they cut the discount rate by a half-point. It showed how bad the credit crunch had become.
Posted In: Economy

Bernanke loves me, he loves me not

Sep 22, 2007
The Fed and it's Chairman Ben Bernanke showed Wall Street some love by cutting the key federal funds rate by a half a percentage point. Tess Vigeland talks with Peter Morici about what the rate cut may mean to the average consumer.
Posted In: Economy, Housing, Investing, Wall Street

Gas-price rise expected to trickle out

Sep 21, 2007
Crude oil closed at $81.62 a barrel in New York today, up 35% since January. And yet, the mysteries of the refining pipeline have kept gas prices essentially flat since the beginning of summer. Jeff Tyler reports on the disconnect -- and why it's not expected to last.
Posted In: Retail

Which subprime fix will hit home?

Sep 21, 2007
The White House, the Federal Reserve and Congress all have a plan to get us out of the subprime mess. Jeff Tyler goes over a few of the proposals to see which ones might stick.
Posted In: Economy, Housing

A change of course and tone

Sep 20, 2007
Treasury Secretary Henry Paulson let it be known today that the White House has decided to consider letting Fannie Mae and Freddie Mac buy up jumbo loans, something it's been opposed to. And Fed Chairman Ben Bernanke added it better happen soon. Steve Tripoli reports.
Posted In: Economy, Housing, Investing, Wall Street, Washington

Fed moves leave the little guy stuck

Sep 19, 2007
The Fed has done its bit to help out the mortgage-induced credit crunch by lowering interest rates. Commentator Robert Reich says that's great for lenders and investors, but it won't do a thing for the little guy.
Posted In: Housing, Wall Street

GM, UAW may put faith in trust fund

Sep 19, 2007
General Motors and the United Auto Workers today got back to hammering out a new contract that could be a model for deals with Ford and Chrysler. Jeff Tyler reports the two sides are getting creative to solve the critical problem of healthcare costs.
Posted In: Auto, Jobs

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