As problems continue to develop in the credit market, the latest casualty could be monolines. Scott Jagow talks to Stephen Beard about what exactly a monoline is and how it will be affected.
If the U.S. economy were to go into a recession, it would be bad news for just about everyone from business owners to mortgage holders. But commentator Moira Manion says people like her who don't have much don't have much to lose.
It's not hard to find signs that the U.S. economy is headed for a recession. In fact, some leading financial gurus are starting to voice their worries publicly. Bob Moon reports.
Authentic Persian rugs imported to the U.S. can run up to $100,000, retail. But Americans don't really get the real deal anymore, and Iran does much better business in Asia and Europe. Lisa Chow has more.
Charles Prince's departure from Citigroup was expected, but what investors weren't anticipating were the bank's latest subprime losses. Stephen Beard explores what this could mean for the European market.
The Bureau of Labor releases September unemployment rates today, while the numbers have been stagnant Steve Henn looks into job growth over the last 10 years, and why job-seeker outlook as been so grim.
New York Attorney General Andrew Cuomo is charging Washington Mutual and a major real-estate appraisal firm with inflating home values nationwide. Bob Moon reports Marketplace looked into this — over two years ago.
Oil is almost at $100 barrel, but gas prices have yet to rise as substantially. Dan Grech looks into why the cost of unleaded hasn't reflected the price of crude and when that might change.
U.S. ethanol policy urges refineries to mix the corn-based fuel with gasoline to make consumers less oil-dependent. Economics correspondent Chris Farrell tells Scott Jagow why it's a bad idea.
While the Fed is cutting interest rates to ward off an economic slowdown, the latest GDP numbers are strong — a seeming schizophrenia that has markets jumping around. But many economists have an explanation that encompasses all the numbers. Steve Tripoli reports.
