The International Monetary Fund, the World Bank and the G-7 wrapped up three long days of top-level meetings this past weekend. But they couldn't devise a coordinated plan to unstick the troubled financial markets. Nancy Marshall Genzer reports.
Skyrocketing food prices around the globe are such a concern they're on the agenda for the World Bank's annual meeting this weekend. Ngozi Okonjo-Iweala is a managing director for the Bank. She talks with Kai Ryssdal about what can be done.
Given the state of the economy, maybe it shouldn't have been such a shock when General Electric reported a 6% drop in first quarter profits. But it was. And if there's one thing Wall Street doesn't like it's surprises. Bob Moon reports.
The World Bank, the International Monetary Fund and the Group of 7 countries meet this week. The topic at hand is one we're all far too familar with — the U.S. credit crunch. Marketplace's Stephen Beard in London talks with Kai Ryssdal about the world view.
Much of America's trade gap with China has been tied to the yuan holding at 8 to the dollar. The U.S. has pushed China to lower that imbalance and today the yuan fell below 7 to the dollar for the first time. But Alisa Roth reports it's a case of being careful what you ask for.
A new survey says most middle-class Americans are worse off financially today than they were four years ago. Kai Ryssdal talks with David Leonhardt of The New York Times about the squeeze middle-class families are feeling.
A bank customer tells Amy Scott that after his bank closed and his second bank had to be bailed out, he has trouble trusting banks in general. He's doing OK now, but only because he trusts the FDIC.
The International Monetary Fund reported today that the credit crisis in the U.S. is affecting mortgage and corporate debt markets around the world. Jeremy Hobson looks into what's going on.
Former Fed Chairman Alan Greenspan has embarked on a public relations campaign as criticism of his interest rate cutting spree of earlier this decade has mounted. He says he has no regrets about any of his policies. Kai Ryssdal has more.
Americans' grocery bills are heading up at the fastest rate in almost 20 years, which poses a problem for supermarkets with razor-thin profit margins. Stacey Vanek-Smith reports.
