We continue with our series Housing Madness, a look at the fall-out from the sub-prime meltdown. Small privately-run mortgage brokerages are disappearing fast. From WCPN in Cleveland, Mhari Saito reports.
The U.S. has sent Colombia billions in aid and offers sweetheart trade terms on exports such as flowers and coffee. But when it comes to approving a trade deal, the Democrats in Congress stand in the way.
The Pentagon is expected this week to ask Congress for more than $100 million to pay for the Iraq war through September. John Dimsdale learns that the real cost is actually higher.
The International Monetary Fund's chief has called for global action to tackle the credit crunch. Dominique Strauss-Kahn told Britain's Financial Times that governments around the world will have to intervene with taxpayers' cash. Stephen Beard reports.
Allan Sloan of Fortune magazine thinks Treasury Secy. Henry M. Paulson's bailout plan doesn't have much chance without legislation connected to it. Scott Jagow talks to Sloan about bailouts, the Fed and the rest of us.
As rice prices continue to rise, key rice-growing countries have imposed export restrictions leading to even tighter supplies. Countries needing big rice purchases are in for sticker shock. Jeff Tyler reports.
Another bad report on the economy from the government today: 80,000 jobs lost in March, the biggest monthly drop in five years. How bad are things going to get? Marketplace's Alisa Roth went looking for answers.
The latest report from the Labor Department marks the loss of 80,000 jobs, the biggest drop in five years. Alisa Roth reports what sectors were hit the hardest and when analysts are predicting things might get better.
The Latin American bank IDB is holding its annual meeting today in Miami. Dan Grech reports Latin America may not be as healthy as it seems, but prudent fiscal policy can help it weather a U.S. downturn.
