A family reunion in Oklahoma not too long ago made commentator Amelia Tyagi realize that whether you think the middle class is getting squeezed depends on where you live.
President Bush and Fed Chairman Ben Bernanke recently addressed the nation's wage and income disparities. Steve Tripoli reports on some new analysis that shows those gaps are widening.
Fed Chairman Ben Bernanke was on Capitol Hill today, where everybody wanted to know whether he thought the subprime market will torpedo the rest of the economy.
Some analysts are now saying publicly what others have been thinking: There's got to be a wider economic impact before the housing slump is over. Amy Scott reports.
Buying a falling stock can be tempting, but if you think a quick rise will help you get rich quick, think again. As Bob Moon reports, you may be risking more than you can afford.
Credit card companies like to lure you with the promise of a fixed interest rate, but they may be taking a few liberties with the definition. Tess Vigeland interviews Travis Plunkett of the Consumer Federation of America on how "fixed" these rates really are.
Author Benjamin Barber says the American economy has taken a wrong turn toward encouraging consumption — and that's not what capitalism was supposed to be about. He talks with Kai Ryssdal.
The Federal Reserve indicated today that it doesn't plan to raise or tighten interest rates anytime soon. That news sent the Dow up more than 150 points.
Some are calling for the Federal Reserve to lower interest rates to help insulate the economy against declines in the housing market. But others say the Fed is more concerned about inflation than recession.
