Yes, those countdown shows on New Year's Eve need writers, too. Jill Barshay reports Dick Clark had his show in the can months ago, but other network programs will go unscripted and rely more on music.
Former New York Mayor Rudy Giuliani today launches one of the first national television ads of the presidential campaign season. Jill Barshay reports it's a cost-effective way for him to reach 23 key states.
Last-minute shoppers helped boost retail numbers before the holiday, but overall buying was still weak. Jill Barshay reports women's clothing was a particularly big casualty, and tells us where to go for bargains now.
Merrill Lynch, which lost more than $2 billion last quarter on bad subprime mortgage investments, got some help today from Singapore's Temasek Holdings, Davis Partners, and GE Capital. Jill Barshay reports.
The Swiss bank UBS has sold a slice of itself to Singapore and to Saudi Arabia. Its shareholders in Europe are making a big fuss about the Saudi investment. Jill Barshay reports.
MBIA, the country's biggest bond insurer, announced today it's backing far more subprime debt than anybody thought. Jill Barshay has more on what that might mean for the bond market.
Central banks around the world are pumping money into the global financial system to help ease the credit crunch. Jill Barshay also reports that instead of issuing penalty rates, they're lending money at a bargain.
Now that the business travelers and foreign tourists are going home for the holidays, you can fetch a steal for that luxury suite you always wanted to book. Jill Barshay explores how cheap you can get a room.
Imagine an eBay auction for $20 billion. That's what the Federal Reserve conducted this week to pump cash into our struggling financial system. Banks gobbled the money up at a high penalty rate of 4.65%. Jill Barshay reports.
