Bank of America got a lot of attention on Wall Street last week for a timely loan that saved mortgage lender Countrywide Financial. But it also got a heckuva deal, says Allan Sloan, the kind taxpayers can only wish the Fed and the ECB were getting.
Tess returns to Seattle to have a cup of coffee, see the Space Needle, and find out how the Meridian Pacific investment club has reacted to the recent drop in the stock market.
The first day of school is almost here and, almost like clockwork, as soon as school starts so does the fundraising. Stacey Vanek-Smith reports on an ever-growing business.
Check-cashing outlets pull in pretty good profits by offering short-term loans at what can be triple-digit interest rates. The FDIC wants the nations' 22,000 payday lenders to lower those rates — and competition's the best way to do that. Mhari Saito reports.
Commentator Moira Manion works at a shop where she's on her feet eight hours a day. A few customers have told her she should sit down. She has a radical idea to make that point to her employer.
The Toronto Film Festival gets underway in two weeks, unofficially signaling the transition at the box office from summer blockbusters to Academy Awards hopefuls. Variety's Mike Speier tells us what that's all about.
There's a growing shortage of people trained to make sure we get the right medicines in our prescription bottles. Colleges in Tennessee have stepped up, but Blake Farmer reports that's fueling worries over another shortage.
Millions of American homeowners are now trapped in adjustable rate mortgages watching their monthly payments creep ever upward as options for refinancing dwindle away. We ask mortgage consultant Kassie Welch, what now?
