The European Commission is drawing up plans for a stimulus plan for all of Europe. The package would total about $160 billion, the same amount as the first package for the U.S. Stephen Beard reports.
The economy is stressing enough for so many in the U.S. that many are bringing it up in therapy. Sean Cole visits several therapists and finds the crisis as a current event has had an impact akin to 9/11.
In poor economic times, gold coins have been considered a stronghold investment. Lately, they're so popular the U.S. Mint can't supply people fast enough. Dan Grech reports on the coin's increased demand.
Congress will grill the Treasury today on what small business is getting out of the $700 billion bailout. Mitchell Hartman reports for some small businesses, things have gotten worse since the financial bailout began.
The U.S. economic crisis means it's harder for Mexican migrants to find work, and that means there's less money sent home to families. Dan Grech visits a small town in central Mexico to see how it's faring.
Treasury Secretary Henry Paulson has switched the bailout plan from buying troubled mortgage securities to buying preferred shares in healthy banks. Commentator Robert Reich says it's time to stop the handout.
Sales of used goods are rising as consumers ditch expensive retail stores for more creative and cheaper ways to shop. Why not? Sarah Palin does it. Ashley Milne-Tyte reports on a booming shopping sector.
Consumer prices fell 1% last month, the most on record. It's good news for consumers looking to save a little on purchases, but as Steve Henn reports, deflation means we could be heading into even worse economic times.
Today, the Senate will consider allowing bankruptcy judges to modify terms of mortgages for homeowners in trouble. John Dimsdale explores how this could potentially make many mortgages out of reach for the middle class.
