Shereen Marisol Meraji
Jun 28, 2012 As the city of Stockton, Calif., considers declaring bankruptcy, a nearby town proves that there is life after going bankrupt.
Jun 27, 2012 Metros with high-tech, manufacturing and reviving housing sectors also recover faster.
Jun 27, 2012 Stockton's Vice Mayor Kathy Miller has lived in the California city for 15 years. She talks about what the bankruptcy will mean for residents.
Jun 12, 2012 A new report from the Federal Reserve shows that the median net worth of the American househeld is down 40 percent since 2007 and income is down 7 percent.
Jun 12, 2012 The index of Small Business Optimism fell by a tenth of a percent last month, but small businesses that weathered the recession may finally be beginning to hire.
Jun 6, 2012 The recession has boosted the number of Americans on food stamps to 44 million.
Jun 5, 2012 The city of Stockton, California, population 291,000 is trying to avoid becoming the biggest U.S. city to go bankrupt during this economic downturn.
Jun 4, 2012 Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.
Jun 4, 2012 May's jobs reports has worried investors worldwide about their short-term prospects. But there are more acute fears of a global slowdown, caused by what’s going on in Europe and emerging markets.
Jun 1, 2012 Tess is joined by senior producer Paddy Hirsch and credit expert Liz Weston to talk about credit utilization, bankruptcy amongst seniors, and the down side of buying real estate for your kids.