Many homeowners who have been using home equity to fulfill basic needs are running into trouble as banks freeze lines of credit. Stacey Vanek-Smith talks to people who had equity lines now troubled by the credit crunch.
After the proposed bailout fizzled, Treasury Secretary Henry Paulson said he'd do everything possible to protect markets. Like what? Stacey Vanek-Smith looks into what actions have been taken so far.
While everyone has been watching the mortgage-meltdown struggles of the major investment firms, another financial industry has been taking a huge hit. Stacey Vanek-Smith reports on difficulties ahead for big banks and S&Ls.
Troubled investment bank Lehman Brothers says it lost almost $4 billion last quarter but it has plans to bounce back. What are its chances of recovering without a white knight? Stacey Vanek-Smith reports.
The dramatic drop in newspaper ad revenue hasn't just affected city and local papers. As Stacey Vanek Smith reports, college newspapers, such as UC Berkeley's Daily Californian, are hurting too.
Now NBC says it's on track to turn a $100 million from the Olympic Games, which is a profit the network shouldn't take for granted. Stacey Vanek-Smith talks to Variety's Mike Speier about NBC's success.
The country's national debt is on its way to hitting $9 trillion next year. How did we get here? Stacey Vanek-Smith talks to Christine O'Malley and Patrick Creadon, who produced and directed the documentary IOUSA.
The idea of drilling domestically for oil has long been circulating, but can it be a reality? Stacey Vanek-Smith talks with Mark Bernstein, director of USC's energy institute, about why that won't really help oil prices.
The price of crude has reached record per barrel highs just to make sudden startling drops. Stacey Vanek-Smith talks these market extremes with Raymond Learsy, who's written a book about oil and its trends.
Influenced by the sudden downturn in the 90's, Generation X'ers are notorious for their "slacker chic." Stacey Vanek-Smith talks to Lisa Chamberlain, author of "Slackonomics," which covers Gen X and their take on economy.
