Latest Stories

Latest Stories

Boeing gets another chance at tanker

Sep 10, 2008
The Pentagon is again delaying its request for proposals to build a new refueling tanker plane. That's good news for Boeing in its competition with Airbus and Northrup Grumman for the $40 billion contract. Mitchell Hartman reports.

Mortgage rates fall but crunch isn't over

Sep 10, 2008
The federal government's takeover of Fannie Mae and Freddie Mac has led to a drop in mortgage rates, making it a lot more attractive to buy a house or refinance the one you have. Dan Grech reports.

Buffett puts up banking caution sign

Sep 10, 2008
A subsidiary of Warren Buffett's Berkshire Hathaway group is going to stop insuring bank deposits over $100,000. Does this mean Buffett is worried about future bank failures? Nancy Marshall Genzer reports.

Paying a price to stand up to the Mob

Sep 10, 2008
In southern Italy most small businesses pay protection money to the Mob. But a movement to fight back is gaining ground. For the first time, a restaurant owner has reported the extortion to the police and named names. Megan Williams has the story.

Which Debt to Pay Down?

Sep 10, 2008
Question: My parents gave me a check to help with debt reduction. I am somewhat overwhelmed with the possible uses for this check. I have a loan...

Just Say No

Sep 10, 2008
After announcing the largest loss in its 160 year history, no one will be suprised if Lehman Brothers turns to Treasury and the Fed for a bailout....

Presidential Futures Market

Sep 10, 2008
The Democratic and Republican conventions are over. The barricades are down and the party faithful are fired up. Pollster.com now puts it as a ...

For public good, not for profit.

The Health Care Squeeze

Sep 10, 2008
We all know that rising gasoline prices have put a crimp in household budgets, But the Economic Policy Institute has a nice item today comparing...

Lehman plans to unload assets

Sep 10, 2008
Fire sale at Lehman Brothers. The struggling bank will spin off its commercial mortgages as part of a plan to keep itself afloat. Lehman has lost nearly $4 billion in the fourth quarter. Janet Babin has more.

What prompted OPEC's production cut?

Sep 10, 2008
OPEC ministers surprised many oil experts who expected the cartel would keep production levels the same. Host Scott Jagow asks a reporter from the Financial Times why OPEC decided to cut them.