Latest Stories
Latest Stories
'It's going to be a really tough year'
Sep 15, 2008
And now, the fallout. More of the same seems to be the common prediction. As for who next, AIG seems to have been nominated for that post. Stacey Vanek Smith asks economist Christopher Low for his take.
Cleaning out the financial system
Sep 15, 2008
Should we call it Black Monday? Or maybe Black and Blue Monday? Scott Jagow talks to economist Diane Swonk to get her take on what's been going on and what to expect to happen today and onward.
Asian currencies take a hit
by
Scott Tong
Sep 15, 2008
The dollar fell in Asian markets on worries about the U.S. banking system. Those emerging economies were expected to ride out the financial storms. But as Scott Tong reports, that's not turning out to be so.
European stocks tank on Lehman news
Sep 15, 2008
News about Lehman Brothers and Merrill Lynch sent European stocks sliding today. And as the European markets look at a future of negative growth, the "R" word comes up. Megan Williams has the story.
Assessing the situation on Wall Street
Sep 15, 2008
Lehman has failed, Merrill Lynch is now the property of BofA and Wall Street is abuzz over what's next. Stacey Vanek Smith asks with the head of an investment firm, just how serious is this?
No state royalties in Dem offshore plan
by
Steve Henn
Sep 15, 2008
Offshore drilling is likely to come to a vote in the House this week. One difference between two of the competing measures is that one gives states a share of the oil revenues; the other doesn't. Steve Henn reports.
Lehman fails, Merrill sold, is AIG next?
Sep 15, 2008
Some are calling this weekend's events "a perfect storm." Alan Greenspan called the restructuring perhaps a "once-in-a-century" event. Amy Scott has more on what happened.
For public good, not for profit.
A Short Sale Warning
Sep 14, 2008
I'm doing some research into the trend in personal bankruptcies this morning, and I came on this blog,Bankruptcy Law Network: It's by bankruptcy...
Coupons: Quit snipping, start clicking
by
Janet Babin
Sep 12, 2008
Tough times make those coupons in the Sunday paper even more tempting. But even that familiar search for savings is transforming in the Internet age. Janet Babin reports.
Incidental costs at college add up
Sep 12, 2008
After tuition and room and board, there's still the question of day-to-day expenses for your college student. Estimates are all over the map, so host Tess Vigeland takes a closer look at the cost of being in college.