Marketplace®

Daily business news and economic stories
  • The financial downturn in Russian markets is affecting an unlikely area: English football. Some of the super-rich Russians who own U.K teams have lost a lot of money. London Bureau Chief Stephen Beard reports on how that's playing out.

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  • With markets doing, well, better, what's going on with the rest of the economy? Another way of asking that question: Are we in a recession? Kai Rysdall brings up the dreaded "R" word with economist Steve Fazzari

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    FDIC

    An important part of the government's financial fix is to give the FDIC a bigger role in insuring bank deposits. Stacey Vanek-Smith reports it's all about restoring confidence in the markets.

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  • The idea of having the Treasury Department take stakes in selected banks is to provide them with cash to start making loans again, not to keep it to themselves. Janet Babin wonders if banks will agree to that.

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  • Have the financial rescue plans done anything yet to encourage banks to start lending again? So far, the major credit benchmarks aren't moving much. Senior business correspondent Bob Moon reports.

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  • You guessed it: contributions to nonprofits have gone south with the economy. Among those organizations suffering the most are the ones catering to the arts. Rachel Dornhelm reports.

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  • Europe's rescue packages have been good news for investor confidence so far, but that's not necessarily the case for taxpayers footing the bill. Megan Williams reports what some countries will pay for their plans.

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  • It's not the best time to be in the business of snakes and spiders, but Brett Wilson is still managing his "lizard boy" career. Scott Jagow met up with Wilson and his girlfriend at their loft in downtown LA.

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  • European investors seem to like where the U.S. government is going by investing in banks. Scott Jagow talks to Stephen Beard about the British government's efforts over banks and how that's effected the country.

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  • We've yet to spot a guy walking around with a sign that says "the end is nigh," but the chatter on Armageddon and Rapture Web sites is heating up. Sean Cole decided it was time to check in with a few "end time economists."

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Fallout: The Financial Crisis