Sabrina Reigel moved to Southern California and didn't have any friends, so she spent some time shopping — and racked up $40,000 in credit card debt. She tells us how she got out of it with her sanity intact.
President Obama is preparing to meet with credit card firms to discuss the fees and restrictions they slap on users — which aren't helping with delinquencies. Stacey Vanek-Smith reports.
Identity theft can be both frustrating and costly for the victims. Reporter Stacey Vanek-Smith visits one couple who is still trying to put their credit back together after eight years of identity theft.
Mall operator General Growth Properties has filed for bankruptcy, the largest real estate company to go belly up in history. As Stacey Vanek-Smith reports, to survive in this recession, malls are making themselves over.
After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.
South Dakota a financial powerhouse? It's not what immediately comes to mind. But you can thank this unlikely finance hub for your sky-high credit card interest rates. Stacey Vanek-Smith explains.
Tonight HBO debuts "Death on a Factory Farm," a documentary that chronicles some grizzly practices at an Ohio pork producer. The film is giving the pork industry an upset stomach. Stacey Vanek-Smith reports.
Can't afford new clothes? Tide's newest detergent promises to keep the ones you've got looking brand new. Many premium brands are now launching similar "value campaigns." Stacey Vanek-Smith reports.
A Virginia-based advertising firm is paying $4,000 to companies that hire one of the two dozen workers it just laid off. The incentive has been working. Stacey Vanek-Smith explores how there's money in it for prospective employers.
"Gossip Girl," "Privileged," and "The Hills" are some of the TV shows that glamorize wealth. But next year's TV lineup may reflect more of our economic reality. Stacey Vanek-Smith reports.
