Posted In: Economy, Wall Street
While the Fed is cutting interest rates to ward off an economic slowdown, the latest GDP numbers are strong -- a seeming schizophrenia that has markets jumping around. But many economists have an explanation that encompasses all the numbers. Steve Tripoli reports.
Posted In: Housing, Wall Street
Despite Countrywide's $1.2 billion loss in the 3rd quarter, its CEO says the black ink is about to start flowing again. That word sent its shares soaring. Steve Tripoli reports on whether people bidding up those shares are drinking more than their share of the Kool-Aid.
Posted In: Entrepreneurship
What could be a more straightforward brand than the Better Business Bureau? For some, though, the BBB's become the place to go to complain about business. So it's launched a nationwide campaign to let people know it does some other things, too. Steve Tripoli reports.
Posted In: Economy, Housing
Over the next year or so millions of adjustable rate mortgages will recalibrate to higher interest rates. We asked Steve Tripoli to climb into the Marketplace time machine with the dials set for, say, next August and give us tomorrow's news today.