When a company like Washington Mutual or Lehman Brothers dies, its stock doesn't automatically die with it. Tess Vigeland reports on how to spot half-dead stocks still lurking around trading floors.
With help from the federal government, the Neighborhood Assistance Corporation of America is traveling the country to help people who desperately need to modify their mortgages. Jeff Tyler reports.
Russell and Kandy Hildebrandt found themselves in a predicament a lot of Americans are in — buried in credit card debt. But they dug out of their financial hole. They tell Tess Vigeland how they did it.
Harvard Professor Elizabeth Warren talks about "plain vanilla" products and how the Obama administration is progressing toward its promise to create a Consumer Financial Protection Agency.
We've all heard the unemployment reports: Millions of people are slaving away on job applications. Or are there? The job market is so tough, some people have just given up. Mitchell Hartman reports.
The Chinese territory of Macau is the gambling epicenter of Asia. But the businessman who runs it all has been hospitalized for weeks, and many wonder what Macau will look like once he's gone. Scott Tong reports.
Jim Davis from the talent management firm DDI talks with Tess Vigeland about results from a survey conducted by his company that measured the satisfaction workers felt with their jobs.
Search giant Google has unveiled its latest personal communication and collaboration tool, Google Wave. But commentator John Moe says not everyone gets a ride.
The Atlantic's Megan McArdle and Reuters blogger Felix Salmon talk with Tess Vigeland about whether the public option for health care is dead and if financial regulation will still get done.
Publisher Harper Collins has delayed the release of an electronic version of Sarah Palin's new memoir. Bob Moon reports on why publishers are taking different approaches to the e-reader challenge.
A court-appointed examiner is looking into whether the Federal Reserve improperly elbowed its way in front of other creditors owed money in the Lehman Brothers bankruptcy. Steve Henn reports.
The latest jobs report tells us that employers cut 263,000 jobs in September and the unemployment rate increased to the highest it's been in 26 years. Mitchell Hartman reports it may be awhile before it's all over.
The Labor Department says 263,000 people lost work in September, higher than what analysts were projecting. That leaves the unemployment rate at 9.8 percent. Steve Chiotakis talks to economist Conrad DeQuadros at RDQ in New York.
American Airlines has been planning a joint transatlantic venture with British Airways and Iberia. But regulators in Europe have come up with a list of objections to the idea. Stephen Beard reports.
If Chicago were picked to host the 2016 Summer Games, it would not only mean a billion dollars upfront for the city, but sponsorship money and a chance for projects to move forward. Stacey Vanek-Smith explores the positives of the idea.
Health care and Web professionals will converge in San Francisco next week for a conference on bringing health care into a savvier Web world. This could eventually mean cost savings for patients. Joel Rose reports.
Casinos in Macau, China made triple the take of Las Vegas in August. The gambling capital is thriving again as the markets rebound, but the town's American outfits lag behind the local operators. Scott Tong reports.
In Elkhart, Ind., once a booming center for the RV industry, nearly one-fifth of the population is unemployed. But even though sales have ticked up recently, the town realizes it can't rely on RVs alone. Ashley Milne-Tyte reports.
The Senate will cast a final, formal vote on health care reform early next week. What are the chances of a reform bill passing? Pretty good, according to Former Labor Secretary Robert Reich, who gives Steve Chiotakis a congressional play-by-play.
General Electric reportedly is in negotiations to sell part of NBC to cable giant Comcast. But it's not clear if Vivendi, which owns 20% of NBC, is ready to sell. Alisa Roth reports.
States across the country are slashing education budgets, forcing schools to cut expenses. One option getting a lot of attention is digital textbooks. Stacey Vanek-Smith reports.
Financial Times editor John Authers talks with Kai Ryssdal about what has happened the past few years to change our view of the markets, and new ideas economists are exploring to account for market behavior.
In India a pair of Levis is a symbol of wealth. Raymond Thibodeaux reports getting the jeans is about to become easier for millions of Indians who can buy them on installment.
A new IMF report suggests all the funds used by the U.S. and other countries to stimulate the global economy may not have been enough. Bob Moon reports.
The Obama administration wants to create an agency to protect consumers from dangerous financial products, but the U.S. Chamber of Commerce is spending millions to attack the idea. Steve Henn reports.
There's no word on who will replace Bank of America CEO Ken Lewis when he steps down at the end of the year. Jeremy Hobson reports the bank's size means it won't be an easy road for his successor.
Consumer spending, propelled by the wildly popular Cash for Clunkers auto sales program, shot up in August by the largest amount in nearly eight years. Steve Chiotakis gets more from Bill Stone of PNC Wealth Management.
Some of America's biggest banks have announced changes to their overdraft policies, but that's not stopping Congress from considering a crackdown. Bill Radke talks to L.A. Times business columnist David Lazarus.
General Motors is getting rid of its Saturn brand after a deal to sell it to former race car driver Roger Penske fell through. Steve Chiotakis talks to Marketplace's Alisa Roth about why the deal flopped.
Mortgage holders who have been turned down for loan modifications can at least take solace in a bit of clarity. Starting today, the Treasury will require financial institutions to say why they reject requests. Danielle Karson reports.
British fraud investigators are accusing BAE, the U.K.'s biggest defense firm, with bribery. The fourth-largest supplier to the Pentagon has been accused of paying millions in bribes to win contracts overseas. Stephen Beard reports.
The House and Senate have agreed to reconcile different versions of an agriculture bill worth about $23 billion, which includes a bailout for dairy farmers. Joel Rose explores who the bill would help most.
The Internet Corporation for Assigned Names and Numbers, which is responsible for assigning domain names, will make more endings available beyond just dot-com, dot-net, and dot-biz. That has some U.S. companies reeling. Ashley Milne-Tyte reports.
With Fashion Week at full speed, we thought we'd get a handle of the industry from an expert. Steve Chiotakis talks to Project Runway's Tim Gunn about what designers are focusing on through the economic downturn.
Today commemorates the 60th anniversary of the Communist Party's overtaking of China, and the country is still growing in the global economy. Steve Chiotakis discusses why with Marketplace's Scott Tong.
Bank of America CEO Kenneth Lewis surprised the bank's board with his retirement announcement yesterday. Though he won't get a severance package, he will get a pension valued at more than $50 million. Alisa Roth reports.
Millions of Kenyans are going hungry because of a severe drought that has devastated harvests and caused food prices to more than double. Jennifer Collins reports.
The House is inching closer to a vote on regulation proposals for the financial system. But commentator David Frum says we may need to think beyond regulation to prevent the next crisis.
Iceland is expecting a wave of public anger over the dire state of the economy. Stephen Beard reports thousands of mortgage holders are likely to join a national repayment strike.
Nike is resigning from the U.S. Chamber of Commerce Board over disagreement on climate change. Steve Henn reports on why so many companies are leaving the chamber.
Business lender CIT is scrambling to work out a deal with its bondholders for a takeover, or it'll have to file for bankruptcy. Bob Moon reports on the fallout for the small businesses caught in the middle.
With swine flu still making the rounds, businesses are worried about not being able to get the vaccine for their employees. But they're doing their best to prepare. Alisa Roth reports.
Companies cut 254,000 jobs this month, according to private employment service ADP. The Gross Domestic Product also fell in the last quarter. Steve Chiotakis explores how this impacts us with Diane Swonk from Mesirow Financial.
General Motors began an experiment in July that had ealers posting new cars for sale on eBay. The project ends today, and although cars didn't fly off the lot as a result, the move piqued plenty of interest. Rico Gagliano reports.
Yesterday, Starbucks launched an instant coffee product called Via and tapped into a $20 billion global market. But the move wasn't a response to the economic downturn. Bill Radke talks to Starbucks CEO Howard Schultz.
The Senate's climate change bill proposes slashing 20 percent of emissions by 2020 with the help of carbon allowances, or permission slips to pollute. Money generated from allowances will largely go to local utilities. Ashley Milne-Tyte reports.
When the price of a stock goes down, a short-seller who bet against that stock will make money. But even though the practice is legal, regulators worry about abuses. The SEC will take a closer look at short-selling today. Amy Scott reports.
If you're not into fantasy football, you might think it's silly to drop $150 on insurance for one of your most valuable players. But in an $800 million a year industry, a policy is a small price to pay for protection. Sally Herships reports.
A survey suggests most Americans don't want advertisers to follow their activity online. The study found this sentiment reached across all ages polled, including young Web users. Alisa Roth reports.
At a summit in Istanbul, the International Monetary Fund cut its forecasts for likely losses from the global financial crisis. But the Fund says despite a swiftly-recovering economy, the crisis is far from over. Stephen Beard reports.
As China prepares to celebrate 60 years of communist rule, there's talk about how well its economy is doing. But commentator Paul Kedrosky says China's numbers bear a lot more scrutiny.
The WIC program, which offers nutrition education and food vouchers to low-income families, will soon get a healthy overhaul. But to cash in, food manufacturers have had to make some adjustments. Rachel Dornhelm reports.
As China prepares to celebrate 60 years of communist rule, there's talk about how well its economy is doing. But Commentator Paul Kedrosky says China's numbers bear a lot more scrutiny.
Europe's market in so-called carbon credits is designed to cut CO2 emissions using the profit motive. But some climate campaigners have dismissed it as a giant scam. Stephen Beard reports.
The Obama administration is looking at ways to disrupt Iran's economy if it doesn't come clean about its nuclear program. Bob Moon reports global insurance companies doing business with Iran may be targeted.
Banking regulators say they expect bank failures to cost the FDIC $100 billion over the next four years. Steve Henn reports the FDIC is doing everything it can to avoid another taxpayer-financed bailout.
