Fallout: The Financial Crisis

Many houses of worship have had more visitors since the financial crisis began. Some churches are even using the fallout to pitch their message. Ashley Milne-Tyte visited a couple of churches near the center of the turmoil.

President-elect Obama urged Congress to act swiftly to approve his massive stimulus package, warning of the consequences that could happen if nothing is done. Though the details of the plan are a little murky, John Dimsdale reports it sounds pretty familiar.

Today's interest rate cut from the Bank of England is the lowest the institution has seen since the bank was founded in 1694. Stephen Beard reports bailouts have had no effect on Britain's credit concerns.

The Senate Finance Committee is trying to gauge support for Barack Obama's stimulus package. Some experts are concerned over the prospect of a trillion-dollar deficit. Danielle Karson reports.

For the fourth consecutive day, President-elect Barack Obama is speaking publicly about the economy. He's trying to gain support for a two-year stimulus package which he wants to implement by February. Janet Babin reports.

Bad news about the stock markets, jobs, real estate. It can stress anybody out. But a new study from the American Psychological Association says women are more anxious about the economic downturn than men. Sally Herships reports.

A new survey says vacancies at shopping centers are approaching a ten-year high. Landlords fearful of losing more foot traffic are keen on keeping their tenants, which puts retailers in a good position to negotiate. Ashley Milne-Tyte reports.

Congressman Barney Frank chairs the House Financial Services Committee and has been leading bailout negotiations with the White House. Kai Ryssdal speaks with Frank about what happens with the rest of the bailout money, regulating Wall Street and Obama's stimulus plan.

President-elect Obama is faced with making a difficult decision about where to cap his stimulus so that our deficit doesn't get out of control. But based on what he's heard so far, commentator David Frum thinks he's already gone too far.

A labor report released today shows that job losses continued to mount in December. That's when the private sector lost 693,000 jobs, a higher amount than expected. Jeremy Hobson reports.