How should we interpret the market's recent moves? We ask regular folks if the economy is in recession, then Tess asks the experts what it means if we are.
This week's interest rate cut by the Fed will give the housing industry a shot in the arm. But what will it mean for homeowners and potential home buyers? Steve Tripoli reports.
New York's insurance regulator says investment banks may have to pony up as much as $15 billion to bail out their insurance companies. Why? Kai Ryssdal turns to Marilyn Cohen of Envision Capital Management to get a bond-insurance primer.
Americans can expect a hefty tax refund from the I.R.S. this spring, and homebuyers will have an easier time getting home loans if a proposed economic stimulus plan agreed to by the Bush administration and House Democrats is enacted. Stacey Vanek-Smith reports.
Right after the Fed rate cut was announced, economics correspondent Chris Farrell started getting e-mails from people asking whether they should refinance their homes. Chris answers that question with Scott Jagow.
Democratic and Republican presidential hopefuls are suddenly focusing on all things fiscal — as are many voters. And that could mean good fortune for some candidates and tough times for others. Stacey Vanek-Smith reports.
The Congressional Budget Office has announced the deficit for fiscal 2008 is going to hit almost $220 billion — not counting war spending or an economic stimulus package. But analysts say there are bigger things to worry about. Danielle Karson reports.
It was thought — in the U.S., anyway — that the Fed's big rate cut would put pressure on the European Central Bank to follow suit. But we now see the ECB is looking at a very different economic picture. John Dimsdale reports.
The annual World Economic Forum for business leaders in Davos, Switzerland is looking this year about what can be done for the troubled global economy. Stephen Beard also reports how some reacted to the Fed rate cut.
The Fed rate cut managed to ease some of the panic. What are investors overseas worrying about now? Scott Jagow talks to Bruce Einhorn of Businessweek Magazine in Hong Kong about what the mood is in the market over there.
