Democratic and Republican leaders, as well as both presidential candidates, are headed to the White House today to talk about the market bailout plan. Steve Henn has details of a possible compromise deal.
The German government is putting full blame on the U.S. for the global credit crisis, and this morning, the German Finance Minister had scathing words for America's financial leadership. Stephen Beard reports.
Peter Coy, economics editor at BusinessWeek, calls the market rescue plan a "free-market bailout," which is, of course, a contradiction in terms. Host Stacey Vanek-Smith asks what he thinks of the situation.
The President had some dire warnings in a speech last night about the consequences of not reaching a deal to solve the financial crisis. Scott Jagow talks to Steve Henn about the sticking points for Congress.
Today GM executives will announce a new $359 million auto plant opening in distressed Flint, Mich. Workers there will build fuel-efficient engines for the Volt and Cruze models. Mitchell Hartman reports.