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Parts maker makes bid for Chrysler

Mar 23, 2007
One of the offers for Daimler-Chrysler's U.S. division reportedly is comimg from an anonymous private equity firm working with one of Chrysler's own parts suppliers. Alisa Roth reports.
Posted In: Auto, Investing

Buzzword: McJob

Mar 23, 2007
Life is hard enough without having to decipher everything. Each week, Marketplace Money brings you a word or a phrase that has bubbled to the top of the news. For instance: "McJob." You hear it, you see it, but do you really know it?
Posted In: Jobs

Borders says its future is online

Mar 22, 2007
Borders Books — struggling against Barnes & Noble, Amazon.com, and even Costco — plans to do more business on the Web. Alisa Roth reports.
Posted In: Retail

Wall Street gets what it wanted to hear

Mar 21, 2007
The Federal Reserve indicated today that it doesn't plan to raise or tighten interest rates anytime soon. That news sent the Dow up more than 150 points.
Posted In: Economy, Wall Street

Maybe home ownership's not for everyone

Mar 21, 2007
As the subprime housing sector continues to crumble, commentator David Frum says maybe our idea of the great American dream is a little off and some people just shouldn't be buying homes.
Posted In: Housing

Subprime lenders got some explaining to do

Mar 21, 2007
Both lenders and regulators will be in the hot seat on Capitol Hill this week. With millions of American homeowners facing the threat of foreclosure and a growing number of lenders facing bankruptcy, Congress wants some answers.
Posted In: Housing, Washington

Congress wants a look under the couch cushions

Mar 20, 2007
IRS Commissioner Mark Everson went to Capitol Hill today to explain what the IRS is doing to collect more than <nobr>$345 billion</nobr> that taxpayers owe but it can't seem to find. Hillary Wicai reports.
Posted In: Taxes, Washington

Subprime lending from the ground floor

Mar 20, 2007
We've heard a lot about the big names in subprime lending lately. But people like Frances Geary are struggling to keep their homes as mortgage payments rise. She talked with Jane Lindholm from her Upland, Calif., residence.
Posted In: Housing, Investing

Lessons from the mortgage-default wave

Mar 20, 2007
The number of failed mortgages is continuing to rise. Marketplace's Steve Tripoli talks with Kai Ryssdal about the shenanigans that have put a lot of new homeowners in trouble.
Posted In: Housing, Investing

Subprime fears feed rate speculation

Mar 20, 2007
Some are calling for the Federal Reserve to lower interest rates to help insulate the economy against declines in the housing market. But others say the Fed is more concerned about inflation than recession.
Posted In: Economy, Housing

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