The IRS recently announced that victims of the Madoff scandal can claim up to 95 percent of their losses on their taxes. Tess Vigeland and Chris Farrell discuss what implications this decision has on the tax code and on victims of future Ponzi schemes.
With unemployment benefits soon to run out for 500,000 laid-off workers, the federal government is encouraging states to sign up for more funding. But some governors don't want the money. Mitchell Hartman reports.
AIG's $165 million in bonuses with bailout money dominated headlines this week. Kai Ryssdal talks with The Wall Street Journal's Heidi Moore and John Carney of Clusterstock.com about how the story stirred emotions.
An effort to turn one of Baltimore's most-neglected neighborhoods into a biotech hub has stalled due to the recession, leaving developers and a community in limbo. Cathy Duchamp reports.
Congress is moving toward legislation to tax bonuses that companies receiving federal bailouts paid to employees. Is this a good way for government to do business? Steve Henn reports.
With the TALF program, the Fed is lending money to investors so they can buy asset-backed securities to get the credit markets moving again. But the companies likely to profit are the very ones that got us into this mess. Jeremy Hobson reports.
Next week, a U.N. panel may recommend that the world's central banks drop the dollar as their top reserve currency. Janet Babin explores whether the U.N. has an influence over countries' decision to diversify.
Prices for commodities are on the rise in response to the Fed's move to buy U.S. Treasuries and mortgage-backed securities. Janet Babin explains why tangibles are on an upswing with mounting fears of inflation.
One day, hopefully sooner rather than later, we'll look back at this time in history of economic troubles and call it… something. Commentator Justin Wolfers offers a few suggestions.
The government is spending a lot of money on programs aimed at getting the economy back on track. Bob Moon speaks with Morgan Stanley economist Kevin Flanagan about where the money's going and how it may help.
