Credit ratings agency Moody's is publishing a list today called "The Bottom Rung," which details almost 300 companies most likely to default on their debts. Ashley Milne-Tyte reports why the list is an odd one.
Consumer prices in China fell last month for the first time in more than six years. A drop in global raw material prices and lowered demand for Chinese exports are just a few reasons. Scott Tong reports what Chinese officials are saying.
President Obama has promised more transparency in government. But so far, it seems we're still in the dark. Commentator Dean Baker says it's time for insurer's like AIG to come clean or taxpayers should exercise their options.
As the U.S. grapples with its economic problems, some are looking at Japan's "lost decade," when its real estate and stock markets burst, to see what we can learn. Monetary policy expert Adam Posen compares the two countries with Kai Ryssdal.
President Obama is expected to push for a global increase in government spending at an upcoming summit of worldwide leaders in London. But some European nations disagree that this is the best way to approach the financial crisis. Stephen Beard reports.
Republican Senators Richard Shelby and John McCain are urging President Obama to let some big banks fail instead of propping them up with federal funds. John Dimsdale reports on the growing rift over how to best save the banking industry.
Over 1,000 people showed up for an auction on foreclosed properties yesterday in New York City. The crowd was double what it was last year and drew two dozen protesters. Jennifer Collins explores the emotional responses to the auction.
As the boom in Dubai has fizzled out, many South Asian men who have built the city are bearing the brunt of the downturn and losing their jobs. But they can't go home. Stephen Beard reports.
What should we try next to stabilize the financial services industry? Economist and commentator Todd Buchholz suggests the answer might be letting a new player into the game.
