The nation's biggest banks have been chatting amongst themselves about how to make sure the liquidity squeeze doesn't get worse. They've decided it's time to put up or shut up -- and Treasury is involved. Jill Barshay explains.
Retail sales for September were up, according to the Commerce Department, but retailers say they're now sitting on large, unsold inventories because unusually warm weather cut into fall clothing sales. Jeff Tyler reports.
Over the next year or so millions of adjustable rate mortgages will recalibrate to higher interest rates. We asked Steve Tripoli to climb into the Marketplace time machine with the dials set for, say, next August and give us tomorrow's news today.
It's now the European Union's turn to get cranky over cheap Chinese imports and call for China to revalue its underpriced currency. But does the E.U. have the economic leverage to force a change? Jill Barshay reports.