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.
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.
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.
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.
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.
Megabanks like JP Morgan and Citigroup make headlines for their losses, but smaller and mid-tier banks are suffering as well. But Mitchell Hartman explains how the troubles of these banks may differ.
While the government bailout of banks has had little success, some have wondered whether the U.S. should just nationalize its banks. Scott Jagow tackles the idea with Economics Correspondent Chris Farrell.
Two House committees take up tax cuts and infrastructure spending in the $825 billion stimulus package. Republicans are raising objections to the existing proposals. John Dimsdale reports.
While commentator David Frum doesn't think much of President Obama's plans to stimulate the economy, he says something needs to be done about workers' stagnating wages. He has a couple ideas how to do it with less government spending.
Treasury secretary nominee Timothy Geithner fielded tough questions from a Senate committee about mistakes on his tax returns and his part in crafting some of last year's biggest bailouts. Steve Henn reports.
