When mortgage lenders report second-quarter earnings this week, poor showings won't be a surprise. But Wall Street didn't wait for the reports as bank stocks traded down today. Alisa Roth reports.
The Securities and Exchange Commission says it will go after originators of false rumors intended to manipulate stock prices. But, as John Dimsdale reports, gossip has been around since the stock market began.
Even upscale stores are hurting from the slow economy. So what's a Prada or Coach or Saks Fifth Avenue retailer to do? Stacey Vanek-Smith finds out that more and more high-end brands are turning up in outlet malls.
This week host Kai Ryssdal explores what's up with the oil market other than prices. Today he talks to George Joffe at Cambridge University about the world's fourth largest oil exporter — Iran.
The Treasury and the Fed are helping out Fannie Mae and Freddie Mac with another line of credit, access to special loans and maybe even buying their stock. Financial analyst Karen Shaw Petrou talks with Host Kai Ryssdal about what still needs to be done.
The combination of private and public ownership makes Fannie Mae and Freddie Mac hybrids, and that, says commentator Amity Shlaes, is a big part of the problem. It might be heresy to some, but she thinks nationalizing them is the answer.
You know the little green gecko in the Geiko commercial? Well its real-life model has an amazing ability to attach its toes to any surface, then easily peel them off. Janet Babin reports on the commercial promise of that gecko talent.
While looting continues in already plundered Zimbabawe, a search is on for the millions of dollars believed to have been funneled out of the country. Stephen Beard reports.
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