The Federal Reserve wants to protect consumers from another subprime debacle by imposing new rules on lenders. But some lenders say more restrictions might have a reverse effect. Nancy Marshall Genzer reports.
The Labor Department today said that wholesale inflation was at 3.4 percent — the biggest jump since the Vietnam era. But then the guys with the green eye shades came along with a much lower "core rate" that's minus food and energy costs. Why? John Dimsdale reports.
While European leaders sign a landmark treaty in Lisbon to create a long-term E.U. president, the union is also teaming up with central banks to lend $110 billion to world money lenders. Megan Williams reports.
After hearing howls of complaint that it didn't cut interest rates enough, the Federal Reserve announced a plan today to get liquidity liquid again. Marketplace's New York bureau chief Jill Barshay explains, with Kai Ryssdal.
Mortgage applications saw their highest rise last week since 2005. But Jeremy Hobson reports that the number of applications out could mean a need to refinance, as opposed to more people buying new homes.
Despite talk of a recession, the National Restaurant Association says people are eating out more. Jeremy Hobson reports why the restaurant industry has more of an influence now than it did two decades ago.
A superfund intended to shore up confidence in Structured Investment Vehicles devastated by the subprime crisis has never caught on with banks. And today Warren Buffet put what's probably the last nail in its coffin. Amy Scott reports.
Mr. Bernanke and his colleagues at the Federal Open Market Committee cut short-term interest rates a quarter of a point today. But Wall Street and everybody else was banking on a half-point cut. Kai Ryssdal has the details.
With the spikes in oil prices there has also been a jump in the number of oil investors. The Senate is wondering if speculation could be the cause of high prices. John Dimsdale reports.
Chinese manufacturers are struggling with the rising value of the Chinese yuan, which is making their low-end products more expensive for buyers around the world. And that could mean more iffy Chinese products for Americans. Scott Tong reports.
