The last weekend before Christmas is traditionally the biggest shopping weekend of the year. But with record snowfall piling up on the East Coast, a lot of stores didn't get the crowds they hoped for — except those on the Web. Jill Barshay reports.
Factories cranked up their output in November and wholesalers are raising prices. But that doesn't mean the Federal Reserve will raise interest rates. John Dimsdale reports.
A key measure of wholesale inflation rose last month at about double the rate economists were expecting. Bill Radke talks with economist Chris Low at FTN Financial about Producer Price Index and why we shouldn't worry about inflation.
President Obama will soon meet with top executives from the nation's largest banks. He's going to ask them why they aren't lending more, and he's going to sweeten the deal for banks that lend to small businesses. John Dimsdale reports.
Today Pay Czar Kenneth Feinberg will announce a new set of pay restrictions for top executives at six big financial firms. Steve Chiotakis talks to Marketplace's Ashley Milne-Tyte about who this will affect the most.
Citigroup is looking to pay back $20 billion of its TARP loan. The Wall Street bank wants to free itself from what it feels is excessive limits imposed by the pay czar. Bill Radke talks to Marketplace's Ashley Milne-Tyte.
Though originally set to expire on December 31, the $700 billion Troubled Asset Relief Program Obama will now extend to October 2010. What does the extension mean? Ashley Milne-Tyte reports.
A lot of the money that was slated for TARP now is probably going to go to funding job creation. Stacey Vanek-Smith talks with Senator Judd Gregg from New Hampshire, who explains why the money would be better used paying off the national debt.
The White House says TARP will cost $200 billion less than expected. This is mainly due to banks paying back what they borrowed. Bill Radke talks to Marketplace's Ashley Milne-Tyte about where the money might go now.
How do you cope when part of your job is telling other people they've lost theirs? Dozens of human resource workers are turning to a Minnesota company that allows them to commiserate. Sean Cole reports.
