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Merrill Lynch reported $6 billion new write-offs for the first quarter, and the brokerage says it will have to cut 4,000 jobs. Analyst Tanya Azarch talks about the bigger picture for investment and commercial banks.

Homeownership has been long a vibrant part of achieving the American Dream. But these days owning a home is more like starring in a horror flick,...

The House was expected to pass legislation today aimed at stabilizing and expanding the federally guaranteed student loan market. Steve Henn reports.

Question: I am a single, 40 year old woman, no dependents. I got a New England Life Insurance policy about 13 years ago - not for a payout if I die...

Congress has put off a farm bill for two weeks, after it couldn't agree on how to pay its $280 billion price tag. Beyond the cost, there's the issue of subsidies leading to more political liability as food prices keep rising. Sam Eaton reports.

Oil prices have topped another record. U.S. crude was fetching well over $115 a barrel in London this morning. As Stephen Beard reports, speculation and uncertainty about supply lines have hedge funds placing bets.

President Bush wants to fast-track a free trade agreement with Colombia, but Democrats on Capitol Hill are objecting. Marketplace's economics correspondent Chris Farrell weighs in on the debate.

About 42 million pieces of luggage that passengers checked with airlines last year were lost -- affecting one in 2,000 flyers, according to a new study. Alisa Roth reports.

Zimbabwe election results remain under wraps, but today a new twist in the troubled nation's saga: South African officials confirm a Chinese ship carrying arms has been cleared through South African customs. Gretchen Wilson reports.

China reported today its economy grew 10.6% in the 1st quarter, which may seem red hot, but it was 11.9% last year. So is China catching America's subprime cold? Or is it immune? The answer has big implications for the global economy. Scott Tong reports.