General Motors has about two weeks before it reaches a government deadline to get smaller or file for bankruptcy. So what's the plan? Kai Ryssdal talks to General Motors CEO Fritz Henderson.
Financial analyst Juli Niemann talks with Steve Chiotakis about whether the automakers' restructuring will affect the pile up of jobless claims, and where people are shopping in this downturn.
The Treasury Department is expected to announce a plan that will help ease the burden of foreclosures on a borrower's credit record. Jeremy Hobson reports.
Sony is reporting its first annual loss in 14 years, to the tune of a billion dollars. The electronics giant expects to see more red ink next year. Scott Tong reports.
The Obama administration is considering sweeping changes to the way financial industry employees are compensated. Jeremy Hobson talks with Bill Radke about the reforms, and why they might affect more than just bailed-out banks.
Financial analyst Juli Niemann talks with Steve Chiotakis about why Bank of America is selling off shares of China Construction Bank and Citigroup's lending.
Reports say the European Union may conduct stress tests on its banking system. London bureau chief Stephen Beard talks with Steve Chiotakis about what the tests might look like and why details might not be published.
Today, trustees for Social Security and Medicare are expected to announce their annual financial report. Experts say the report will show the financial health for both programs is slipping. Jeremy Hobson reports.
