The saying goes that necessity is the mother of invention. So will a troubled economic system cause a rise in financial innovation? Economics correspondent Chris Farrell tells Scott Jagow that it will.
It still costs more to make things in the U.S. than overseas. But the U.S. manufacturing sector has kept a lid on some things better than its foreign counterparts, like employee health care. Jeff Tyler reports.
Treasury Secretary Henry Paulson wants to spend $50 billion on the consumer debt market as part of the bailout package. Scott Jagow talks to Steve Henn in Washington about what this would entail and how it might help.
A dreary holiday season has been foreshadowed for months, but how bad is it really going to be? Stacey Vanek-Smith reports some figures have losses down $30 billion from last year, but not everyone will do so bad.
If "leveraging" means borrowing, shouldn't "deleveraging" mean paying the money back? Not exactly. Sally Herships breaks down what the word means and why it's an important buzz word right now.
Germany's high export ratio is one big reason the country has gone into the red. Kyle James reports economic advisors want the government to spend more than $60 billion to help weather the storm.
Struggling companies are looking to Congress for relief from pension contributions, and they might actually get it. Alisa Roth explains we may want to look out for new rules and cut backs in the long term.