Posted In: Housing
The agency that regulates Fannie Mae and Freddie Mac has sent subpoenas to banks that issued mortgage-backed securities in an investigation that could end up costing the banks billions.
Posted In: Auto
PT Cruisers were a big deal when they hit the scene a decade ago. One million vehicles later, the last of the once trend-leaders are rolling off the line. Alisa Roth explores what ended the Cruiser's journey and peeks into one particularly tricked-out model.
Posted In: Investing, Wall Street
As a barometer for the economy at large, the fact that major investing brand Kohlberg Kravis Roberts to trying to go public again is a good thing.
Posted In: New York
There have been scattered power outages along the East Coast as the utilities try to manage record demand for power, during record high temperatures. It's been almost seven years since the last big blackout on the East Coast. And there have been lots of talks about upgrades, but how prepared are we? Alisa Roth reports.
Posted In: Jobs
The Labor Department says more than 1.7 million people have run out of unemployment benefits, and that figure could rise to more than 2.1 million people by the end of the week.
Posted In: Auto
Lawmakers want to exempt car dealers who make auto loans from some oversight elements of the new financial reform bill.
Posted In: Internet
General Stanley McChrystal is out. General David Petraeus is in charge of U.S. operations in Afghanistan thanks to a report in Rolling Stone, where McChrystal shot off his mouth about the administration. The story was everywhere. Even though the magazine doesn't hit newsstands until later in the week. Alisa Roth reports.