Congressman Barney Frank will give a speech today about re-regulating the financial system, which the House Financial Services Committee will take up next month. Frank is hoping for an overhaul by summer. Steve Henn reports.
The government is looking at persuading banks to lend at rates of 4.5 percent. That's about a percentage point lower than the current rate for a typical 30-year mortgage. Ashley Milne-Tyte explains how.
Finding a job in another city helps broaden horizons for many people looking for work. But people are more reluctant to relocate these days on fears that they won't be able to sell the house. Steve Henn reports.
The Bank of England cut its main interest rate today by a full percent. The interest rate in the U.K. is now down to its lowest level since the late 17th century -- and it may drop lower down the road. Stephen Beard reports.
Incoming Health Secretary Tom Daschle is already talking health care reform. But can we afford something like universal health care right now? Scott Jagow talks to economics correspondent Chris Farrell.
If the Big Three's conversation with the government over a possible bailout sounds familiar, you were probably around in 1979, when the same thing was happening. So what was the result? Alisa Roth has the story.
The number of students applying to college continues to rise, but this year, about half of colleges said fewer students than usual accepted offers. Money is one major reason for the change. Stacey Vanek-Smith reports.