Congress's bailout package is already half gone, and Treasury Secretary Henry Paulson is going back to Congress for more. But some lawmakers aren't happy with his spending spree. Nancy Marshall Genzer reports.
The government is working with financial institutions to renegotiate home loans in order to help homeowners. But hedge funds think the plans are a terrible idea. Alisa Roth looks into why.
Everyone from the auto industry to American Express has been taking advantage of the bailout rescue package. But commentator Robert Reich says Chapter 11 bankruptcy would keep companies going at no cost to the taxpayer.
Listeners wrote in about creating jobs for out-of-work Americans, student loans and having lobbyist-connected people on Obama's team. Also, Kai Ryssdal learns how to pronounce the name of a South Dakota city.
Dubai's dream of having the biggest and best of everything was believed to be impervious to global economic slowdown, but Kelly McEvers reports there are signs the city is feeling economic malaise too.
Companies that normally spend big bucks on Super Bowl ads are reconsidering the big flash productions for fear of appearing flamboyant during a time of economic trouble. Stacey Vanek-Smith reports.
The first batch of bailout money released by Congress is going fast. Soon, Treasury will have to go back for the rest. This time, though, there are likely to be strings attached. Steve Henn reports.
The government set new terms, including lower interest rates, for homeowners seeking relief from foreclosure, terms that will be adopted by
Fannie Mae and Freddie Mac. Washington Bureau Chief John Dimsdale reports.
An economic report says German investor sentiment has improved somewhat since last month, but there is still a great deal of uncertainty. Kyle James looks into the mood and why it could affect the rest of Europe.
Two House committees will be considering whether new regulations should be placed on hedge funds, which are struggling in the current financial crunch. Critics claim hedge fund investors would find a way around such rules. Alisa Roth reports.
