Marketplace®

Daily business news and economic stories
  • Lehman Brothers was so interconnected within the financial sector that when it failed, experts tell reporter Nancy Marshall Genzer, markets and financial institutions faced huge losses.

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  • The word of the day for the state of the global stock markets was "disarray," European Bureau Chief Stephen Beard tells host Kai Ryssdal. Doubt over the U.S. government rescue plan sent markets plummeting worldwide.

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  • Stocks take another dive, as markets show their impatience and lack of confidence in the financial bailout measures to be taken by the Treasury. Washington Bureau Chief John Dimsdale asked financial experts what's going on.

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  • Bailout supporters took a lot of heat for handing that cash over to Wall Street. But commentator and economist Andrew Samwick argues it's actually Main Street that's usually on the receiving end of government help.

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  • Wachovia and Wells Fargo bank logos
    Don Emmert and Justin Sullivan / Getty Images

    Wells Fargo's Wachovia bid may have blown Citibank out of the water, but a binding agreement may result in a compromise. Stacey Vanek-Smith talks to economist Chris Low about why a Wells Fargo takeover would be more favorable.

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  • There are reports that both Citigroup and Wells Fargo may be able to reach a compromise on the takeover of Wachovia, splitting the branches between the two banks. Jeremy Hobson reports why the Fed is pushing for the deal.

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  • The Son of Jared Leinbach in Pittsburgh, Pa.
    Alexander Heilner

    Marketplace's New York Bureau Chief Amy Scott road trip lead her to Pittsburgh, where some think the financial crisis hit awhile ago. But she also discovered some businesses are still doing well despite hard times.

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  • The E.U. is responding to the financial crisis by going the route of guaranteeing bank accounts — soon after criticizing other countries for the same move. Renita Jablonski mulls over the move with Stephen Beard

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  • Amy and Ian work on making a scarecrow at the Pumpkin Harvest Festival in Glendale, Colo.
    Tess Vigeland / Marketplace

    In her latest stop in our Road to Ruin series, Marketplace Money Host Tess Vigeland finds herself in Denver, where the Pumpkin Harvest Festival is still going despite possible budget cuts and donation drops.

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  • In all the chaos around the current crisis, it's hard to keep a level head. Host Tess Vigeland talks with Dr. Richard Peterson about the mind games the market plays with investors.

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Fallout: The Financial Crisis