Fallout from the financial crisis is spreading to the bluest of blue chip companies. Some of the world's biggest companies are reporting huge losses and layoffs. John Dimsdale reports.
Company layoffs keep piling up. With so many people out of work, it can have a huge ripple effect. Sadie Babits has the story of one man who is dealing with the effects of unemployment in Portland, Ore.
The U.K. pound continues to decrease in value as its banking system weakens. But with U.S. banks also suffering, why is the dollar doing better than the pound? Stephen Beard reports.
With so much federal money up for grabs, one might think Washington's lobbying industry would be preparing for a bonanza. But, economic woes even have people on K Street feeling anxious. Steve Henn reports.
High on President Obama's agenda is reforming our nation's schools. Kai Ryssdal speaks with author Susan Eaton about the problems with our schools and what can be done to fix them in our economic state.
Congress is considering a stimulus plan that will set aside $25 billion for energy efficiency projects. That money could go a long way to helping firms that have been quietly pushing energy efficiency for years. Deborah Wong reports.
The number of companies filing for bankruptcy is expected to rise. Kai Ryssdal speaks with Standard & Poor's Diane Vazza about why so many companies are having trouble staying afloat and what it means for the economy.
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