The annual World Economic Forum got underway today in Davos, Switzerland, and more world leaders are in attendance than usual this year — with one glaring omission. Scott Jagow talks to Diane Brady, senior editor at Businessweek.
The value of the U.S. dollar has been holding up pretty well, even though more and more money is being printed by the government to bail out the banks. Why? Ashley Milne-Tyte reports.
As a Senate committee looks into how regulators missed Bernard Madoff's investment scam, the Marketplace Players wonder if the senators are really interested in fixing what's broken.
With interest rates approaching zero and billions of federal dollars already pumped into the banking industry, are there more tricks up the Fed's sleeve? Commentator Krishna Guha says there could be.
New Treasury Secretary Timothy Geithner is trying to rein in TARP with rules that limit the power of lobbyists and ensure more oversight for the billions of dollars being handed out. Will Geithner's new rules make it clearer where our tax money is going? Nancy Marshall Genzer reports.
The Federal Reserve will meet today to discuss interest rates today, and the consensus is keep them low. John Dimsdale reports the Fed will be looking at other items that could potentially light a lending fire.
Native American casinos are feeling the pinch of the recession. Revenue is down, and the drop in business is having a big impact on local communities. Alex Cohen reports.
As unemployment rates creep higher, banks are worried that more loans will have to be written off. Because if prime borrowers find themselves jobless, they may not be able to pay their mortgages. Ashley Milne-Tyte reports.
Carmakers have received billions in bailout loans, but car dealers don't seem to be as lucky. Detroit automakers want fewer dealerships around, and the recession is helping that happen. Dan Grech reports.