Marketplace for Thursday, Dec. 18, 2008
Posted In: Economy, Sports
Sports have been generally immune from economic downturns. But not this time. Major leagues such as the NFL and NBA have had layoffs. And the situation is worse for lower-level sports. Business Week Sports Editor Mark Hyman gives Tess Vigeland the play-by-play.
Posted In: Economy
Federal regulators have approved new rules to protect consumers from surprise interest rate hikes and fees on their credit cards. But banks say the rules will hurt card holders, whether they have good credit or bad. Nancy Marshall Genzer reports.