The "Cash for Clunkers" plan sent latent car buyers flocking to dealerships and sharply increased July car sales for Ford, GM and Chrysler. But some say the plan has only short-term positive effects and is attracting the wrong buyers. Alisa Roth reports.
Fed Chair Ben Bernanke, SEC Chair Sheila Bair and Treasury Secretary Tim Geithner are testifying before Congress today on how to fix the financial services industry. And they do not agree. Bill Radke talks to Marketplace's Alisa Roth.
The White House is expected to announce compeition for more than $4 billion in grants. But the money will only go to states that have taken clear steps toward reforming the education system. Alisa Roth reports.
The Associated Press wants to make sure it's getting paid for its stories online, so the media outlet is creating a registry to see who's clicking. Alisa Roth explains how the proposed system will work.
Investment banks Goldman Sachs and JP Morgan each had big profits: $2.7 billion to be exact. But the more cautious Morgan Stanley reported a billion-dollar loss today. Does this mean substantial risk is necessary to gain a profit? Alisa Roth reports.
Analysts expect Morgan Stanley to report that it lost more than $500 million last quarter. The firm is paying for its decision to take a more conservative approach while others made more risky bets on the markets. Alisa Roth reports.
States are growing increasingly concerned over the clean-up costs for work sites abandoned by failed industries. Factories often contain hazardous materials and states can't afford to pick up the bill. Alisa Roth reports.
Congress could reinstate thousands of car dealerships shut down when GM and Chrysler went broke. But if it did, where would these broke dealers get the money to operate with credit so bad? Alisa Roth reports.
Today, Indian motor giant Tata delivers its infamous Nano, the $2,000 mini-car touting four speeds, four doors and no air conditioning or radio. But the vehicle's cost is still out of range for many Indians. Alisa Roth reports.
Three separate bills in Congress are focused on reopening GM and Chrysler dealerships shut down by the companies' recent bankruptcies. Alisa Roth talks to auto industry specialists to try to figure out why.