Latest from Scott Jagow

• Sep 5, 2007

  Another Mattel recall makes three

  Mattel has announced yet another recall of toys made in its factories in China. That's the third time in five weeks, but some in the industry are saying don't be too quick to put the blame on Chinese factories.

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• Aug 31, 2007

  Should Mexican truckers hit the road?

  Right now Mexican trucks can only travel about 25 miles inside the U.S. The Bush administration and many companies on both sides of the border want to lift that limit, but you might be surprised who isn't on board.

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• Aug 28, 2007

  Abandoned in New Orleans

  Aside from annual news specials looking back at the fury of Hurricane Katrina, you don't hear much about New Orleans these days. That might lead you to believe the city's getting back to normal. But you'd be wrong by author Billy Sothern's account. Really wrong.

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• Aug 24, 2007

  Making real money in the virtual world

  If you haven't been paying attention to something called Second Life, you could be missing out. It's the virtual home to a whole new economy that can generate very real revenue. We asked Edward Castronova how companies can benefit.

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• Aug 23, 2007

  China crash would dwarf subprime crisis

  When the U.S. subprime mortgage industry sputtered out, it sent world markets into a tailspin. But that's nothing compared to what a crash in China's financial market would do to the global economy, Chris Farrell tells us.

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• Aug 21, 2007

  Another mortgage business goes down

  Layoffs at Countrywide made headlines yesterday, even as the company took out full-page newspaper ads to say everything's going to be OK. Meanwhile, Capitol One decided to quit the wholesale mortgage business. We asked Ben Steverman for a reality check.

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• Aug 20, 2007

  When hedge funds die…

  Back in July a hedge fund called Sowood Capital collapsed in a week's time, and took $1.6 billion of investors' money down with it. The Boston Globe's Chris Rowland tells us how that's possible.

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• Aug 17, 2007

  A day at the racinos

  Who'da thought slot machines would save horse racing. Tracks have been struggling to keep their gates open for a while now, but the casinozation concept is working so well, Diana Nyad predicts they'll all have slots one day soon.

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• Aug 17, 2007

  The Fed prescribes… relaxed credit

  The Federal Reserve has given the credit markets a big dose of a medicine. In a surprise move, it cut the discount lending rate by half a point. It's meant to relax the credit squeeze and that's giving the markets a healthy boost.

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• Aug 13, 2007

  Let’s just call them garbage mortgages

  Allan Sloan says subprime is too nice a word for the high-risk mortgages that were bundled then sliced and diced and served up to investors. He says maybe they'd have thought twice before buying into garbage mortgages… or maybe not.

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