Now that Toshiba has pulled the plug on its HD DVD business, retailers who sold customers HD DVD CDs and players will have to deal with returns. Jill Barshay reports there's at least a slight silver lining.
The New York Stock Exchange's parent company is buying 5 percent of India's number one commodities exchange. And if it weren't for India's cap on foreign purchases, the NYSE would have bought more. Jill Barshay reports.
A new survey says professional money managers are the most risk-averse they've been since 2001. Jill Barshay reports on how managers afraid of stock and bond risks are now investing in cash.
The Federal Reserve injected another $30 billion in short-term loans into the banking system. The Fed hopes the money will keep banks lending and combat the looming credit crunch. Kai Ryssdal talks to Jill Barshay about how long the credit crunch may last and who's most affected.
Regulators in Washington want to take a closer look at the investments of foreign sovereign wealth funds into U.S. banks. Jill Barshay reports funds usually invest in doses which narrowly avoid the need for regulatory approval.
The economy not only affects our wallet, but our sense of style. Jill Barshay reports some designers are working with more all-purpose colors and more affordable in a new wave of recession chic.
With this year's New York Fashion Week kicking off in a slowing economy, retailers have a few more wrinkles to contend with in figuring out what customers will buy. Jill Barshay reports.
MOJO, a high-definition TV channel, is trying to pump up its ratings with some financial flash. Tonight it debuts a new show called "Wall Street Warriors." Jill Barshay takes a look.
Traders are betting the Fed will cut its target interest rate by at least a half a percentage point next week. Jill Barshay reports the predictions from the futures market.
Fannie Mae and Freddie Mac have been under close scrutiny the last few years, prompting Congress to call for tighter regulation. But now the Bush administration wants them to ride in and raise more money to buy more mortgages. Jill Barshay reports.