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Charities getting crunched too

Aug 31, 2007
The non-profit sector is waiting nervously to see how much fallout it'll feel from the credit crunch, and steeling itself for leaner times ahead as wallets everywhere tighten. Ashley Milne-Tyte reports.
Posted In: Economy

Subprime fallout hits credit rating agencies

Aug 31, 2007
Standard & Poor's President Kathleen Corbet has stepped down. The official line is "pursue other opportunities" but speculation says this may be just the beginning of the subprime fallout for credit rating companies. Janet Babin reports.
Posted In: Wall Street

Will he or won't he talk interest rate cuts?

Aug 30, 2007
The financial world is waiting to see if Ben Bernanke will give any indication of a cut in interest rates at an annual monetary conference tomorrow. Tess Vigeland talks to Michael Sheldon of investment banking firm Spencer Clarke.
Posted In: Economy, Wall Street

Iraqi task force targets contract fraud

Aug 30, 2007
The U.S. Army is launching a major investigation into fraud reports in all those private contracts awarded for military operations in Iraq. With 18,000 contracts in four years, they'll be plenty busy. John Dimsdale reports.
Posted In: Jobs, Washington

Don't leave home without your spares

Aug 30, 2007
Car keys have gotten so high-tech on some models these days that locksmiths will tell you it's better to play it safe and take along not just one but two sets of spares when you go on vacation. Jon Baird has details.
Posted In: Auto

Mexican Dream is alive and well

Aug 30, 2007
Sure the American mortgage market may be all but flatlining, but that's actually given the housing market south of the border a healthy boost. Dan Grech explains.
Posted In: Canada, Housing, Mexico

Rebuilding at Katrina's 'Ground Zero'

Aug 29, 2007
Two years ago, the hurricane first touched ground at low-lying Plaquemines Parish in Louisiana. Even as most businesses rebuild on higher ground, a new economic core is taking root in Plaquemines. Sam Eaton reports.
Posted In: Economy, Entrepreneurship

Ride Dow roller coaster, or sit it out?

Aug 29, 2007
Do you get the feeling the market can't make up its mind? One day the Dow plunges, the next day it rockets back. Emotion is loose in the stock market, and lots of regular investors are getting wary. Steve Tripoli reports.
Posted In: Economy, Investing, Wall Street

Subprime storm: A financial forecast

Aug 29, 2007
The nation's biggest banks are adjusting their strategies to deal with the supprime loan crisis, and the credit crunch could get worse for all of us. Penn State economics professor John Mason offers some perspective.
Posted In: Economy, Investing, Wall Street

An economy built on hopes and dreams

Aug 29, 2007
The lyrics to "Way Down Yonder in New Orleans" call the city the "land of dreamy dreams." But as many put their hearts into rebuilding, Melanie Peeples says those dreams are for sale -- now more than ever before...
Posted In: Entrepreneurship, Jobs

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