The Treasury secretary says the government is backing away from buying toxic assets from banks — the centerpiece of the rescue plan when Congress approved it. Washington Bureau Chief John Dimsdale reports.
Why hasn't the government's plan to buy up toxic assets worked? Will recapitalizing the banks and providing mortgage relief ease the crisis? Kai Ryssdal puts those questions and more to financial analyst Karen Shaw Petrou.
With the debate about bailing out GM reaching a fevered pitch, Ashley Milne-Tyte asks, what a GM rescue plan would look like and what would actually happen if the giant automaker failed.
Earlier this year, T. Boone Pickens announced a grand plan to build the world's biggest wind farm and help wean the country off gasoline. Now that natural gas prices have tanked, he's putting the plan on hold. Sam Eaton reports.
There was a time, says commentator David Frum, when GM was one of the biggest employers in America, but that's no longer true. Besides, even with a bailout, more job cuts are coming.
The record high prices for copper and other metals that had thieves stealing statues and electrical wires are no more. Commodities prices have crashed, creating a big problem for scrap dealers. Jeff Tyler reports.
Democratic Sen. Max Baucus has outlined a proposal that would not only guarantee, but mandate health-care coverage for all Americans. Is there enough money to do that? Steve Henn reports.
NASCAR has switched to a bigger, heavier car that was tough on tires, and Goodyear — the exclusive tire supplier for the sport — wasn't able to come up with a tire deemed safe and good on the track. Scott Graf reports.
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