American Express is changing its status to a bank holding company so it can qualify for federal aid. Jeremy Hobson reports AmEx's move could lead the way for other credit card and non-credit card companies.
Some economists believe that economic models are dated and deficient, and they're looking for theories that would help make sense of the financial crisis and global economy. Janet Babin has more.
Travelers, at least, are in for a happier holiday season. The price of airline tickets is dropping fast amid discount airfare wars between the major carriers. But those extra fees are likely to stay. Stacey Vanek-Smith reports.
In Pierre, S.D., where few medical specialists practice, people live longer than those living in an upscale retirement community in Florida with specialists of all kinds. Commentator Robert Martensen explains why.
When a store goes into bankruptcy, what happens to the plastic gift cards people haven't redeemed? Circuit City, for example, has asked the bankruptcy court to allow it to honor the cards, but no decision yet. Renita Jablonski reports.
China intends to use its $586 billion stimulus package on railways, airports and other infrastructure. Scott Tong reports that the money will boost investor confidence, but won't save the world.
The government is reworking the AIG bailout package, modifying loans already offered and preparing to spend another $40 billion to buy preferred shares. Kai Ryssdal gets details from Steve Henn.
China's $586 billion stimulus package will focus on everything from construction to tax reform. Scott Jagow talks to Scott Tong in Shanghai, who says China needs all of this to keep up with its domestic growth.
If you're 62 or older and the stock market is eating your retirement, there are still options open to you. Host Scott Jagow asks Meg Burns of the FHA about reverse mortgages.
