This week, federal regulators rolled out the biggest overhaul the credit card industry has seen in decades. What does this mean for the average consumer? Ashley Milne-Tyte reports what will be changing — and when.
Economic woes mean Christmas presents are a lower priority for some families. How should they break it to the kids that Santa may have to do some scrimping? Ashley Milne-Tyte talked to one family about how they're dealing.
The Federal Reserve begins a two-day meeting today which will likely result in another rate cut. That could lead to a weaker dollar, and could also coerce investors to take safety in gold. Ashley Milne-Tyte reports.
A new ad campaign encourages consumers to shop at their local real-life stores as opposed to the Internet. The TV spot highlights the consequences for the local market if they don't. Ashley Milne-Tyte reports.
Corporate ad spending is expected to fall more than 8% next year. Hard times in Detroit are one reason for the drop. But as Ashley Milne-Tyte reports, everybody's pulling back.
The economy lost a shocking 533,000 jobs in November. The number is almost twice what was originally projected. How long will this go on? Ashley Milne-Tyte tries to find a silver lining in the losses.
The government is looking at persuading banks to lend at rates of 4.5 percent. That's about a percentage point lower than the current rate for a typical 30-year mortgage. Ashley Milne-Tyte explains how.
Treasury Secretary Henry Paulson may soon ask for the next big chunk of the $700 billion bailout. But where was the first $250 billion spent? Ashley Milne-Tyte breaks down the fund allocation with Steve Chiotakis.
A major credit reporting agency is saying that the number of mortgage delinquencies is hitting new highs. The main reason people are falling behind is adjustable-rate mortgages. Ashley Milne-Tyte reports.
The board at General Motors met over the weekend to discuss a restructuring plan that might work for Congress. Ashley Milne-Tyte tells Steve Chiotakis the plan includes a possible bankruptcy filing just in case.