As a professor at MIT's Sloan School of Management and a former Director of the Research at IMF, Simon Johnson has this financial crisis on his mind every day. In fact, he says, he's losing sleep over it.
As oil prices increased, so did Russia's stock and status. Now that oil is slumping, Russia's position and power on the international stage are diminishing. Stephen Beard has the story.
The EPA is changing the way it measures pollution from power plants and making it easier for older facilities to upgrade without installing new emission control equipment. Sarah Gardner has the story.
Three weeks after the $700 billion bailout package seems a good time to find out how it's going. To chat about the bailout and who's lining up to get their share, Kai Ryssdal called economist Doug Elmendorf at the Brookings Institution.
Why is the yen so strong right now, and why should Americans be concerned about the status of Japan's currency? Host Bill Radke turns to Hugh Johnson, manager of Johnson Illington Advisors, for his view.
The Japanese yen has long been a source of low-interest capital for big borrowers from around the world. Then the global financial crisis hit. Senior Business Correspondent Bob Moon explains what happened next.
Kai Ryssdal talks to David Leonhardt of the New York Times and Leigh Gallagher of Forbes about Congress' decision to funnel more cash to struggling homeowners and other news from a busy week.
The economic situation in Britain is so bad that one restaurant sells meals for 1 pound to get customers to come back. London Bureau Chief Stephen Beard reports on dire predictions for the British economy.
The International Monetary Fund is in talks with developing nations desperately in need of loans to keep their economies afloat. As Ashley Milne-Tyte reports, the root of their problems is us.
OPEC ministers meeting in Vienna announced a 1.5-million barrel cut in oil production to try to drive up prices on the international market. Washington Bureau Chief John Dimsdale reports.
