Ordinary Americans could benefit from the proposal to control mortgage regulators, but probably not for some time. Jeremy Hobson looks at what the Fed's plan could do for Main Street America.
The credit crisis has inflicted more damage on Swiss banking giant UBS. The bank's got to write down an additional $19 billion for bad mortgage investments. Stephen Beard reports.
Truck drivers upset over the cost of diesel fuel taxes in Pennsylvania are gathering in Harrisburg to voice their dissent. Ashley Milne-Tyte reports there could be more protests in the pipeline.
With Congress back in session, the issue of homeowners struggling from subprime is back on the table. One proposal would force mortgage lenders to refinance bad loans. But commentator Todd Buchholz says not so fast.
Proposed new powers for the Fed would allow the agency to pre-empt another Bear Stearns-style debacle. Jill Barshay reports this might turn the Fed into a "super cop."
Visa applications for highly skilled foreign workers are expected to hit a record high this year, but a U.S. cap means a large number will be rejected. It also means U.S. jobs won't be filled. Dan Grech reports.
In the latest edition of our Housing Madness series, we look at a group of people who never even took out a subprime loan — or any loan for that matter. Steve Tripoli explores the story from the renters' perspective.
Airbus has had a rough time lately. Scott Jagow talks to Stephen Beard about the issues the European plane maker is dealing with, including delays with its superjumbo jet, profit losses and allegations of insider trading.
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