The Federal Reserve cut the interest rate to 1% in an effort to encourage lending and stimulate the economy. Will it work? What about inflation? Washington Bureau Chief John Dimsdale reports.
Now that the Fed's cut the interest rate to 1%, can it cut it any further? Will it? How low can the interest rate go? Kai Ryssdal turns to Harvard economist Kenneth Rogoff for his perspective.
The line for federal bailout money keeps growing. Now it's state and city governments that need a hand. State budget deficits are huge coast-to-coast.
Steve Henn has the story.
An important point to keep in mind, says commentator David Frum, is that the government's new role in banking, insurance and other industries is for emergency purposes. Ultimately, that role needs to go away.
Huge corporations like The Carlyle Group and Blackstone got into the private equity business when credit was easy and cheap. But now that the credit market is drying up, will the private equity game go with it? Stacey Vanek-Smith finds out.
Merger talks with Chrysler are "progressing," but GM's troubles are not at bay. The automaker announced another global sales drop and reportedly plans to cut back on new car development. Renita Jablonski asks if that's wise.
When gas prices increased, so did noble things like public transportation ridership and sales of fuel-efficient cars. Now that gas prices are sliding, have bad habits returned? Senior Business Correspondent Bob Moon reports.
A drop in exports is hurting Chinese toy manufacturers, who rely on U.S. demand. Next week, China will help out by subsidizing exporters. Scott Tong looks into the health of the toy industry in China.
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