The Federal Reserve's plan unveiled yesterday lets big financial firms borrow from the Fed using mortgage-backed securities as collateral. But as Alisa Roth reports, there's at least one major risk.
The weakness of the dollar is one reason oil prices are flirting with $110 a barrel, but some say there's more to the story. Scott Jagow talks to Stephen Beard about the financial market versus supply and demand.
The government is considering whether the current Gross Domestic Product accurately measures U.S. economic progress. Some analysts feel the way GDP is defined can cause some big problems. Sam Eaton reports.
Zimbabwean President Robert Mugabe has signed a new law that gives blacks the right to a majority share in all companies owned by whites, Asians and foreigners. Gretchen Wilson reports on the move to stimulate the economy.
After 1,500 years, the Vatican has just updated the seven deadly sins by adding seven new ones. And many of them have something to do with money. Stephen Beard reports.
A movement through Africa is hoping to deregulate agriculture and let markets determine prices. Terry FitzPatrick reports a new exchange in Ethiopia may help end farmers' uncertainty.
Employers cut more than 63,000 jobs in February — the largest number in five years, according to the Labor Department. How long might job losses continue? As long as it takes to settle up with years of overextended growth. Alisa Roth reports
Middle Eastern governments are pouring money into the U.S. — from Citibank to Church's Chicken. Tess Vigeland asks Islamic finance expert Mahmoud El-Gamal about the future of this relationship.
Commentator David Frum says that instead of repeating mistakes in response to economic slowdowns and high oil prices, we should be trying new solutions.
Citigroup's shares dropped 4% after the leader of a Dubai-owned investment firm stated that it will take "a lot more money" to rescue the struggling bank. Bob Moon reports on how Middle East investors influence the market.
