When sizing up the latest new home sales figures with other key economic factors, things can get confusing. Jeremy Hobson reports how the numbers stack up against jobless claims and durable goods orders.
Credit was the big story on Wall Street this year. With 2008 just a few days away, our Senior Business Correspondent Bob Moon takes a look back with host Amy Scott at the crunch that still has a tight grip on deal-making.
The housing slump and weak dollar may be hurting much of the U.S., but the economy in Seattle is doing surprisingly fine. Phyllis Fletcher reports what may seem bad for everyone else can be good for Washington state.
Many private-equity stories on Wall Street had disappointing endings this year. Amy Scott recaps some of the deals with Doug Krizner, and looks into why many investors started turning away from risky debt.
In talks between China and the two Koreas, North Korea is being offered economic aid if it discloses information on its nuclear program. Scott Tong reports the deal could fall apart if North Korea reneges.
MAXjet Airways filed for Chapter 11 bankruptcy protection today, leaving some passengers stranded on Christmas Eve. Nancy Marshall-Genzer takes a look at what sent the airline into freefall.
Once the world's largest wealth manager, UBS is now staying afloat by selling shares to foreign investors. Stephen Beard reports Switzerland is upset, and officials want to figure out who's to blame.
The Federal Reserve proposed a strict set of rules for subprime mortgages. Tess Vigeland talks to Nancy Marshall Genzer from Marketplace's Washington, D.C. bureau about what's at stake and how the Fed plan may affect homeowners.
Author Robert Kuttner says lawmakers on both sides of the aisle need to answer for the latest hiccup in our economy. His new book, "The Squandering of America" looks at how the failure of our politics undermines our prosperity. He talks with Kai Ryssdal.
Shareholders at Swiss bank UBS are upset over a deal with a mysterious investment from Saudi Arabia. Scott Jagow talks to Haig Simonian of The Financial Times about the realities these shareholders are facing.
