Marketplace for Monday, Sept. 8, 2008
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There are a lot of ways to try to measure the goverment's bailout of Fannie Mae and Freddie Mac. Sheer dollar amounts. Share prices. Bond yields. Or how about this: It's cheaper to get a mortgage today than it was last week. Janet Babin reports.
There's more we don't know about what's going to happen in the mortgage finance market than we do know. To get some perspective on the bailout of Fannie Mae and Freddie Mac, Kai talks with Karen Shaw Petrou at Federal Financial Analytics.
A couple members of OPEC -- which will be meeting in Vienna on Tuesday -- say they think there's too much oil on the market, pushing prices too low. Ashley Milne-Tyte reports.
The White House has pulled a nuclear cooperation deal with Russia back from Congress. The cancellation means Russia will lose billions in potential profits. Some American companies aren't too happy, either. Nancy Marshall Genzer reports.
The presidential candidates' stands on the issues are what most of us will look at as we vote this fall. But what about John McCain's and Barack Obama's skills as a chief executive officer? Kevin Cashman from Korn/Ferry International sizes them up.
You might think tuberculosis hasn't been a problem since your grandparents' era, but the illness is making a worldwide comeback. Its costs of treatment and lost productivity are estimated at almost $3 billion a year. Frank Browning reports.