When the Texas legislature meets again, they could face a budget shortfall of up to $17 billion, which means it'll be time to "scrub" the budget. Ben Philpott explores ways officials have reduced their bottom lines.
Tess Vigeland reviews what listeners had to say about stories involving Gizmodo acquiring Apple's new iPhone model, the Financial Crisis Inquiry Commission grilling Wall Street execs, a doctor's take on health care reform, and plain language.
In 1950, nearly two million people called Detroit home. Today, the Motor City has less than half that number. So local officials are considering shutting down whole swaths of the city and moving residents to more viable areas. Sarah Hulett reports.
Most credit default swaps were designed for corporate and mortgage bonds, but now they're being sold on muni-bonds to investors who think state and local governments are heading the way of the housing market. Brett Neely reports.
Coldwell Banker says it will make the government's first-time homebuyer credit an option for sellers participating in its "Buyer Bonus Sales Event." Professor Leonard Zumpano talks with Tess Vigeland about whether the credit made people buy homes, and whether Coldwell's move will help.
L.A.'s high pension costs are a big budgetary problem for the city, and bankruptcy may be on the horizon. But L.A. Mayor Antonio Villaraigosa insists that's not an option. Chris Richard explores why.
New Yorkers have one-third the carbon footprint of the average American because most of them take the subway. That translates to a savings of $19 billion a year, most of which stays in the city. Andrea Bernstein reports.
Freelance business journalist John Carney and Reuters blogger Felix Salmon talk with Kai Ryssdal about whether efforts to reform Wall Street might get somewhere after the fraud charges brought against Goldman Sachs by the SEC.
