Sales of Fannie Mae and Freddie Mac plummeted today on fears that if the government steps in to save the mortgage giants, taxpayers will benefit but shareholders will be wiped out. Steve Henn reports.
The country's national debt is on its way to hitting $9 trillion next year. How did we get here? Stacey Vanek-Smith talks to Christine O'Malley and Patrick Creadon, who produced and directed the documentary IOUSA.
JP Morgan Securities predicts investment bank Lehman Brothers will take a huge hit in the third quarter from bad mortgage investments. Nancy Marshall Genzer reports on speculation Lehman might not survive.
A study out today from the Pew Center's Project for on Excellence in Journalism says the news isn't covering economics as much as Americans might like. Steve Henn reports it may be more complicated to do than we think.
One minute the headlines say we're zooming towards a recession, the next minute economic surveys say we're actually OK. What's going on? Tess Vigeland talks to economists Diane Swonk and Michael Englund.
Stockbroker and business analyst David Johnson in Dallas chats with host Tess Vigeland about the week on Wall Street. The go over markets, commodities, oil, the dollar and whether or not we can relax.
Buying a New York Times at a newsstand Monday will cost an extra quarter, making it $1.50. But with people already pinching pennies and newspaper circulations declining, why raise the price? Ashley Milne-Tyte reports.
The dollar is gaining strength in foreign exchange markets, particularly against the euro. Is that a good thing? It depends. John Dimsdale reports how a stronger dollar affects the American economy.
Commodity prices have been on a steep decline lately as demand for things like oil, copper and wheat has been ebbing. Ashley Milne-Tyte reports why the dollar's recent rally has started turning things around.
Until now, Europe has escaped the economic problems troubling the United States. But there it was: news today that Germany, France and Italy had terrible second quarters. Stephen Beard reports on what happened.
