As awful as this financial crisis is, at least inflation's been kept at bay. Kai Ryssdal talks with Newsweek and Washington Post columnist Robert Samuelson about a time when that wasn't the case.
After Citigroup finishes making the 52,000 job cuts just announced, the nation's second largest bank will have shrunk by 20% this year. Jeremy Hobson looks at the company's remaining options.
Japan is the world's second-largest economy, and it shrank in the third quarter for its second drop in a row. But Scott Tong reports the official Japanese recession wasn't directly a result of subprime.
The Senate is meeting today on the nomination of Neil Barofsky, who would oversee $700 billion rescue package. Some feel Barofsky's presence could help remind executives where taxpayer's money should go. Steve Henn reports.
Is it really so bad that consumer confidence continues to erode? Commentator Amity Shlaes says that if consumers aren't spending, then they're saving, investing or beefing up that college fund, and that can be a good thing.
The $700 billion bailout isn't just about banks anymore, and automakers are begging for a cut. Kai Ryssdal recaps the week with David Leonhardt of The New York Times and Leigh Gallagher of Fortune magazine.
Hedge fund investors can withdraw their money only once a year, and Nov. 15 is the day. Fund managers say requests to get out are unusually high this time. Sally Herships reports on what that could mean.
Leaders of the world's 20 biggest economies are meeting in Washington to work on the global economic crisis. Washington Bureau Chief John Dimsdale reports.