The government is talking with GM and Chrysler about giving the auto companies some help, but not a bailout. Scott Jagow talks to Nancy Marshall Genzer in Washington about what separates this move from a bailout.
As oil prices increased, so did Russia's stock and status. Now that oil is slumping, Russia's position and power on the international stage are diminishing. Stephen Beard has the story.
Three weeks after the $700 billion bailout package seems a good time to find out how it's going. To chat about the bailout and who's lining up to get their share, Kai Ryssdal called economist Doug Elmendorf at the Brookings Institution.
Why is the yen so strong right now, and why should Americans be concerned about the status of Japan's currency? Host Bill Radke turns to Hugh Johnson, manager of Johnson Illington Advisors, for his view.
The Japanese yen has long been a source of low-interest capital for big borrowers from around the world. Then the global financial crisis hit. Senior Business Correspondent Bob Moon explains what happened next.
The Hong Kong, Philippines and Japanese markets today reached considerable lows. Bill Radke talks to Scott Tong in Shanghai, who explains why the psychology of the drop is based on global co-dependence.
The Fed is planning to step in today to buy the promissory notes of top-rated companies, providing relief for cash-strapped businesses. Bob Moon reports investors are cold, but open to the move.
The Federal Reserve will start meeting tomorrow to decide whether or not to cut interest rates again. Scott Jagow talks about the move and its potential pitfalls with Washington Bureau Chief John Dimsdale.
With almost $2 trillion in foreign reserves, China has the power to be a big help out of financial turmoil. But not everyone wants to save the world. Scott Tong reports China may swoop in a little too late.
With worldwide sell-offs and 700-point swings, what can possibly be surprising in the markets anymore? Tess Vigeland seeks answers and a little context from senior business correspondent Bob Moon.