The mortgage meltdown triggered the current crisis we're in, so why not aim more of the stimulus at troubled homeowners? Fixing the housing market isn't going to be that easy. Dan Grech reports.
The town of Blakely, Ga. once thrived as a mecca for the peanut industry. But with the closing of the local peanut processing plant due to a salmonella outbreak comes a questionable future. Dan Grech reports.
The head of the International Monetary Fund says the world's advanced economies are in a depression. Dan Grech breaks down what exactly a depression means and whether we are in one.
A report reviewing the bailout found taxpayers overpaid when they invested in troubled financial institutions. In contrast, private firms did very well. Dan Grech explores where the Treasury's losses varied.
The Senate passed a new amendment granting a $15,000 tax credit on the purchase of a primary house. The perk would cost $19 billion, ballooning the total stimulus to $920 billion. Dan Grech reports.
You might think the stress of a bad economy would lead more people to smoke, but historically financial downturns have made people smoke less. Dan Grech reports why the recession encourages smoking cessation.
In winter the Cleveland Orchestra wings it to Miami, Fla. Not in search of warmer weather, but rather for revenue it can't find in its hometown's frozen economy. Dan Grech reports.
Revenue at luxury hotels is down as more travelers settle for cheaper accommodations. But hotel staff is going the distance to make sure their customers don't notice. Dan Grech reports.
Carmakers have received billions in bailout loans, but car dealers don't seem to be as lucky. Detroit automakers want fewer dealerships around, and the recession is helping that happen. Dan Grech reports.
In order for a bank to be able to keep doing business or lending money, it needs to have a minimum amount of capital. Dan Grech explains the Capital Adequacy Requirement with help from his banker dad.
