September was not a good month for retail. No surprise there, right? Well, the drop in sales was even more than expected. Now retailers are especially worried about the holidays. Jaime Bedrin has the story.
Businesses aren't the only ones squeezed by the credit crunch. State governments rely on short-term loans to keep services running. Jeff Tyler reports on the problems facing California and Massachusetts.
The Fed and five other central banks made history by coordinating half-percentage-point interest-rate cuts. That had never been done before. Steve Henn reports how it came about.
The U.S. Federal Reserve led a round of rate cuts by central banks around the world amid fear of a global recession. Jeremy Hobson reports that the move could be one of the last tricks central banks have.
Today Britain has unveiled a bailout package which would buy up billions worth of preferred stock in eight British banks. Renita Jablonski talks to David Buick of BGC Partners about how it would work.
The Luxembourg meeting of 27 of Europe's finance ministers wrapped up with guarantees for all European bank deposits up to $70,000. Megan Williams reports why the guarantees couldn't be much larger.
We heard from listeners about what their greatest economic concerns were in the financial crisis. Among them: the tough job market and the recent lowering of gas prices.
The British government announced its move to help the country's banking system by incorporating $90 billion of taxpayers' money. Stephen Beard tells Renita Jablonski why this bucks the trend of government policy.
Few things are more sacred to investors than quarterly dividends, but now dividends are becoming victims of the credit crisis, too. Janet Babin reports how dividend suspensions can hurt investors.
When regulation goes bust, it's easy to blame the whole system and say all regulation needs tweaking. Commentator Will Wilkinson says it's not about a need for more or less regulation, but for the right regulation.
