President Bush is set to sign a bill authorizing $25 billion in loans to American automakers to help Detroit make more fuel-efficient cars. But Sarah Gardner reports it'll be awhile before we see those cars rev up.
Many homeowners who have been using home equity to fulfill basic needs are running into trouble as banks freeze lines of credit. Stacey Vanek-Smith talks to people who had equity lines now troubled by the credit crunch.
The Senate will vote on a new financial rescue package tonight with new provisions to pick up House votes. Scott Jagow talks to Steve Henn in Washington about what's new in the bill and how these additions could backfire.
Headlines have been trumpeting news of a financial crisis for weeks, but the situation isn't the easiest to understand. Scott Jagow gets a primer from consultant Peter Cohan, who explains the credit market trauma.
From layoff risks to shrinking house and 401(k) values, older workers may be headed for the most trouble in the financial crisis. Commentator Robert Reich says bailout or no bailout, baby boomers should watch out.
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