The Obama's team is keeping quiet on specific details of their plan to help consumers through the second half of the TARP fund. Ashley Milne-Tyte reports what the new administration might do.
The term "zombie bank" comes from the Japanese, who use it to describe banks kept on life support by the government. So when does a bank become a zombie — beyond help and unable to get off the operating table? Ashley Milne-Tyte reports.
Bank of America, considered one of the "good" banks in the financial meltdown, is now looking for help. As it's been closing the buyout of Merrill Lynch, the bank has been seeking more bailout funds from the government. Ashley Milne-Tyte reports.
The bailout money might have allowed the banks to get their houses in order, but it didn't really do much for fourth-quarter earnings. Ashley Milne-Tyte reports it's too soon for that cash to have a positive effect.
To further strengthen the financial system, Federal Reserve Chairman Ben Bernanke is proposing a plan to create "bad banks" to buy up bad assets in exchange for cash or equity. What's a "bad bank"? Ashley Milne-Tyte reports.
A study finds producing corn, soy, cotton and wheat has become more efficient over the last 20 years. Ashley Milne-Tyte explores how a less detrimental environmental impact could help increase food production later.
The Obama transition team wants Congress to push back the February 17 date for broadcasters to switch from analog to digital TV because they need more time to help more consumers prepare. Ashley Milne-Tyte reports.
Many houses of worship have had more visitors since the financial crisis began. Some churches are even using the fallout to pitch their message. Ashley Milne-Tyte visited a couple of churches near the center of the turmoil.
A new survey says vacancies at shopping centers are approaching a ten-year high. Landlords fearful of losing more foot traffic are keen on keeping their tenants, which puts retailers in a good position to negotiate. Ashley Milne-Tyte reports.
Automakers facing continued slow sales are expected to spend less on advertising in 2009. That's going to cause problems for the ad industry, which relies on car companies as its biggest customers. Ashley Milne-Tyte reports.
