During economic turmoil, the government calls on its citizens to do their part by spending in order to help boost the economy. Is that the right tactic?
It's Bank of America's turn to lay off thousands, but all big banks are waiting for the final reckoning still to come on their troubled real estate portfolios
The United States can win back its AAA rating for government debt, if it's willing to compromise and sacrifice. But it's a matter of pride more than necessity
Irresponsible spending and not enough saving is what contributed to the financial crisis. More Americans are now saving and spending less, but that may have a negative impact on economic growth. So what are we to do?
Credit score got you down? You can boost your score by hiring a credit clean-up service. A couple hundred dollars investment can result in big savings in mortgages and other loans.
Bank of America announced 3,500 layoffs today, with thousands more on the way. Professor Perry Mehrling of Barnard College explains why the layoffs signal tough times ahead for the banking industry.
Fears of recession have been blamed for the market slump this week. But household debt and other economic indicators are still much stronger than during the recession a few years ago.
One time computer giant Hewlett-Packard has been struggling in recent years. The company now is taking drastic measures by pulling out of the personal computer, tablet and mobile phone markets.
President Chavez announced that the government of Venezuela will take over gold processing and production. The decision comes in part as a result of rising gold prices.
It seems as though every drop in U.S. stocks is reflected in Europe, and vice versa. We go 'round the world to explore the cyclical nature of global markets.
Some employers check your financial background during the hiring process. David Brancaccio weighs the pros and cons of using credit scores to evaluate a potential employee.
GDP is the chief measure of how healthy an economy is doing, but it may not give the most accurate reading. Marketplace's Heidi Moore shares other potential yardsticks.
In this time of economic uncertainty, who wouldn't enjoy some levity? Performers from Live Wire! Radio in Portland, Ore., offer their dramatic take on the idea of spending versus saving
Some economists are saying consumer spending will push the economy forward. But outgoing Federal Reserve bank president Thomas Hoenig says savings will save the economy in the long term.
HP announced it will stop making its TouchPad tablet computer as well as mobile phones like the Pre and the Veer. The company is walking away from mobile and concentrating more on computers for businesses.
A consumer is can be anyone from the very rich to the very poor or someone in between. Commentator Rob Walker says that term must be dissected into subgroups to determine which consumers will help the economy grow the most.
In the wake of a turbulent month for markets and economies around the world, Kai Ryssdal hosts a special one-hour Marketplace audio broadcast examining where the U.S. economy is headed and how we got here.
The stock markets have seen turmoil, but the U.S. government's cost of borrowing has actually dropped despite Standard & Poor's downgrading of Treasury debt from AAA. S&P has suffered criticism
Banks have been getting stronger and more profitable since their big bailout, but they still get shaky every time the markets have a tumble. It has a lot to do with old debt and short term confidence
The Fed wants to keep interest rates low until 2013, which was supposed to reduce uncertainty. Why does Thomas Hoenig think it actually will have the opposite effect?
Wells Fargo is rolling out a trial monthly fee for debit card purchases. The pilot program comes in response to legislation which limited the amount banks could charge merchants per transaction.
Unemployment claims rose slightly last week. We ask to economist Michelle Meyer whether the situation will get worse, and if we are heading for stagflation.
Pope Benedict XVI visits Spain today, touting an economic policy that focuses on people, not profits. The message could hit home for thousands of unemployed youths in Spain and beyond.
The Swiss franc is now worth so much that it threatens Swiss jobs. The Swiss government wants to do something about it, but Switzerland isn't the only country looking at using its currency as a weapon.
The New York Federal Reserve is seeking to ensure that the U.S. arms of European banks are holding enough money in their coffers, in order to be prepared for a future crisis.
Regulators at the Federal Reserve are pushing to make sure the U.S. arms of European banks are keeping enough money in their vaults in case of a new crisis.
Solar flares are unpredictable, but expected to increase in frequency over the next five years. If the explosions get close enough, they can disrupt the power grid here on earth
Now that banks have to reduce the fee they receive from merchants when you use a debit card, they're considering charging you a monthly fee for using one
Yesterday's producer price index report showed wholesale prices are rising. Retailers, though, have to be careful about trying to pass those higher costs on
The Federal Reserve's plan to keep interest rates near zero for two more years nearly wipes out interest income for people who rely on federally insured savings accounts and certificates of deposit.
Don Holzschuh has been driving semi-trucks in the Midwest for nearly 35 years. He talks about how he's been trying to survive financially, and why he thinks the recession isn't over.
Home prices are still falling in most regions of the country. Some markets, though, are weathering the downturn better than others. What can we learn from these outliers?