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Stockton on the brink

by
Marianne Russ
May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.

Herculean effort to fix a city's budget

by
Marianne Russ
May 8, 2012
Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.

Betsey Johnson files for bankruptcy

Interview with
Nancy Marshall-Genzer
Apr 27, 2012
The fashion designer Betsey Johnson has filed for bankruptcy protection. Dozens of the fashion designers' stores will close, and hundred of employees will be laid off.

Financial innovation and social lending

by
Chris Farrell
Apr 16, 2012
Peer-to-peer lending, also called social lending, is bringing together online individual lenders and individual borrowers for a fee. They cut out banks and other mainstream lenders. The innovation appears to be working.

Letters: Taxes!

Interview by
Tess Vigeland
Apr 13, 2012
Host Tess Vigeland along with Sr. Producer Paddy Hirsch and tax expert Louis Barajas answer listener tax questions and emails.

Demystifying the national debt

Interview by
Kai Ryssdal
Apr 10, 2012
The U.S. national debt -- currently clocked at $15.6 trillion -- is a major issue that'll shape the election this fall. But where did it come from and what does it mean for individual Americans? A new book uncovers the numbers.

In the spotlight: Senior student debt

Interview with
Amy Scott
Apr 6, 2012
People age 60 and older owe more than $36 billion in student loans. Tess discusses the latest debt bubble with Marketplace Education correspondent Amy Scott.

Taxes and a home equity loan

by
Chris Farrell
Mar 28, 2012
Hello. I'm 50 and single. I have a 15-year mortgage at 3.5 percent. My income is more than $80,000. I have a Roth and I am maximizing my company's 403(b) account. I have no credit card debt -- no debt in general except the mortgage, so I don't have a lot of write-offs. Does it make sense to get an equity loan and finish my basement so I can get a bigger write-off on taxes while investing in my home, or should I continue to just sock money away because it is better to not have debt? Thanks. Lisa, Salt Lake City, UT

Finding ongoing debt management advice

by
Chris Farrell
Mar 27, 2012
Is it possible to find free/sliding scale ongoing debt counseling? A friend in Louisiana is in her 60s and facing the consequences of years of terrible financial decisions. I think she's beyond the point where one session of debt counseling could help her. I've seen patterns in her that I've seen in others who grew up poor: When they were young, they learned there was no way to ever catch up financially and be in control. So she has no sense that it is possible to be in control of her money. Thank you, Robin, Boston, MA

American Airlines bankruptcy could void union contracts

by
Bill Zeeble
Mar 26, 2012
The parent company of American Airlines wants more concessions from unions, or it'll push to cancel existing labor contracts.

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