If you've got a Citigroup credit card in your wallet, be prepared. The company plans to start raising interest rates for some customers. And it's rumored to be considering tens of thousands more job cuts. Jeremy Hobson reports.

Today's the deadline for banks who wish to apply for money through the Troubled Asset Relief Program, or TARP. But the program doesn't come without its potential disadvantages. Ashley Milne-Tyte reports.

This weekend, leaders from the world's 20 largest countries will meet to discuss the global financial crisis. John Dimsdale reports it may not be very productive, but will help the countries appear unified.

Thanks in part to inflation, oil prices and dried-up credit, all countries using the Euro have been hit with a recession. Kyle James reports it may be a less brutal but perhaps longer recession than the U.S.

Fed Chairman Ben Bernanke is in Frankfurt, Germany this morning to talk about coordination between the world's central banks. Jeremy Hobson reports this could become a regular part of European banking life.

China played a huge part in America's consumption and borrowing binge, while Chinese consumers weren't buying much of anything. But Chinese savers plus Western spenders might add up to trouble for both sides. Scott Tong explains

As President-elect Obama goes about staffing his administration, there's one job that's first among equals — Treasury Secretary. Commentator John Steele Gordon has some advice on what to look for.

A Congressional committee questioning five prominent hedge fund managers wanted to know what role they might have played in the financial meltdown and whether regulations are needed. Nancy Marshall Genzer has the story.

As economic worries tighten consumer budgets, a new shopping trend has emerged — shoppers are returning merchandise to stores in record numbers. Beth Teitell says this buy-then-bring-back behavior is called "circle shopping."