Many people have high hopes that President-elect Obama will be able to fix our nation's biggest problems. Bob Moon speaks with behavioral economist Dan Ariely about how to manage those expectations.
Since the presidential election, Europe has been caught up in Obama mania. Many Europeans hope he will be able to turn around the global financial crisis. But, there are doubters. Stephen Beard reports.
Lawmakers are still debating President-elect Obama's stimulus package and what will work best to boost our economy. Commentator Len Burman says "experimenting" by assigning different "treatments" to different states will help get the best results from the stimulus and maybe even help in the future.
The Obama's team is keeping quiet on specific details of their plan to help consumers through the second half of the TARP fund. Ashley Milne-Tyte reports what the new administration might do.
The Royal Bank of Scotland announced today it was getting more money from the British government. The news coincides with another emergency financial measure by the U.K. Stephen Beard reports why taxpayers will be picking up the tab.
If you're having trouble repaying a loan and are looking to modify the terms, what should you do? Mary Ellen Nicol, a certified housing counselor in Atlanta, has some tips on dealing with your lender.
Nearly 10 million U.S. homeowners are having trouble making their mortgage payments. Tanya Ott profiles one Birmingham, Ala., family that has that problem, times three.
If your investment portfolio took a big hit in 2008, you'd be forgiven for wondering if the markets aren't just a big Ponzi scheme. Roger Lowenstein explored that sentiment recently in The New York Times. He talks with Tess Vigeland.
Troubled financial giant Citigroup is merging its Smith Barney brokerage arm with rival Morgan Stanley. It'll be the largest brokerage firm in the world. What should you do if one of those firms manages your funds? Dan Grech reports.
Hedge funds will soon send out year-end letters, most of them detailing how much they lost in the last year. Even though investors might not be looking forward to the missives, some of them can be pretty entertaining. Amy Scott reports.
