The $700 billion bailout isn't just about banks anymore, and automakers are begging for a cut. Kai Ryssdal recaps the week with David Leonhardt of The New York Times and Leigh Gallagher of Fortune magazine.
Hedge fund investors can withdraw their money only once a year, and Nov. 15 is the day. Fund managers say requests to get out are unusually high this time. Sally Herships reports on what that could mean.
Leaders of the world's 20 biggest economies are meeting in Washington to work on the global economic crisis. Washington Bureau Chief John Dimsdale reports.
Google's ad business was supposed to be recession-proof. But Google and companies like it rely on search-related ads and fewer people are clicking on them. Stacey Vanek-Smith reports.
If you've got a Citigroup credit card in your wallet, be prepared. The company plans to start raising interest rates for some customers. And it's rumored to be considering tens of thousands more job cuts. Jeremy Hobson reports.
China played a huge part in America's consumption and borrowing binge, while Chinese consumers weren't buying much of anything. But Chinese savers plus Western spenders might add up to trouble for both sides. Scott Tong explains
As President-elect Obama goes about staffing his administration, there's one job that's first among equals — Treasury Secretary. Commentator John Steele Gordon has some advice on what to look for.
If you want a job in the Obama administration, you better clean up your resume — and your FaceBook, Flickr and MySpace pages. The applicants are being heavily vetted. Rico Gagliano has the story.
A Congressional committee questioning five prominent hedge fund managers wanted to know what role they might have played in the financial meltdown and whether regulations are needed. Nancy Marshall Genzer has the story.
As economic worries tighten consumer budgets, a new shopping trend has emerged — shoppers are returning merchandise to stores in record numbers. Beth Teitell says this buy-then-bring-back behavior is called "circle shopping."