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Cost of rescue plan keeps on growing

Nov 25, 2008
The Treasury Department's rescue plan is looking a lot different than what was sold to Congress in September. With so much taxpayer money on the line, the tab's getting bigger than lawmakers imagined. Our Washington Bureau Chief John Dimsdale reports.
Posted In: Economy
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Will economic stabilization act work?

Nov 25, 2008
In the best-case scenario of the government's latest rescue effort, the Fed buys up outstanding mortgages to get banks lending and consumers spending again. But Senior Business Correspondent Bob Moon asks, Is this going to work?
Posted In: Economy
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French firms turn to poor areas for help

Nov 24, 2008
France's largely immigrant suburbs have long faced high unemployment, in some areas at double the national average. But large companies have now begun recruiting from these neighborhoods because it's good for business. Anita Elash report.
Posted In: Immigration, Jobs
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N.Y. Fed Chief said to be Treasury pick

Nov 21, 2008
Sources close to Obama's transition team are confirming reports that Obama will nominate Timothy Geithner, President of the N.Y. Federal Reserve Bank, to be Treasury Secretary. John Dimsdale reports.
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What has the bailout done so far?

Nov 21, 2008
Billions have been spent on the bailout already, and we've been keeping track. Steve Henn reports where the money went for our series "Tracking the Bailout."
Posted In: Economy, Wall Street
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How can Bush be productive at APEC?

Nov 21, 2008
George W. Bush will be attending what will likely be his last meeting with world leaders at the APEC summit in Lima, Peru. Nancy Marshall Genzer explores what his focus should be as many note he no longer matters much.
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Report: Power will shift away from U.S.

Nov 21, 2008
A report is projecting a major shift in global economic and political power, putting more of the focus on China, India and Russia. Stephen Beard reports why decline in U.S. power may not be comforting.
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U.S. crisis devastates Mexican towns

Nov 19, 2008
The U.S. economic crisis means it's harder for Mexican migrants to find work, and that means there's less money sent home to families. Dan Grech visits a small town in central Mexico to see how it's faring.
Posted In: Economy, Immigration, Mexico
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Congress needs to take bailout back

Nov 19, 2008
Treasury Secretary Henry Paulson has switched the bailout plan from buying troubled mortgage securities to buying preferred shares in healthy banks. Commentator Robert Reich says it's time to stop the handout.
Posted In: Economy, Wall Street
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Early lessons for Dems in fundraising

Nov 19, 2008
Congressman John Dingell, chair of the House Energy and Commerce Committee is holding a fundraiser today for freshman Democrats. Nancy Marshall Genzer looks into the money message this sends to newcomers early on.

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