Today the Federal Deposit Insurance Corporation warned of more bank failures ahead, with bank earnings dropping 80% from a year ago. John Dimsdale reports.
The bad news in the housing market has been good news for people interested in preserving the land. Jennifer Collins explores why it's been easier for conservation groups to create more green spaces.
Despite speculation that some sort of federal intervention was likely, nothing happened with Fannie Mae and Freddie Mac today. But the pair aren't out of the woods just yet. John Dimsdale reports.
Tess Vigeland reflects on her time in the Big Easy, her emotional connection to the people whose stories she heard, and her sadness over the devastation that still haunts the city.
So how do prepare your finances for an emergency? Tess Vigeland asked some of the folks she talked to in New Orleans what they learned and what advice they have for you.
Host Tess Vigeland explores the bureaucracy, decision-making, and financial hardships of homeowners rebuilding in the Crescent City. While some are determined to build at higher elevations, others are taking their chances at ground level.
Shares in Fannie Mae and Freddie Mac suffered yet another meltdown this week, and the government might step in to bail them out. If that happens, shareholders risk losing all their money. Even so, some of them are staying put. Rico Gagliano reports.
About 70% of New Orleans' pre-Hurricane Katrina population is back. Many have moved to higher ground, leaving one-third of residential addresses empty. Tess Vigeland talks with Tina Marquardt of the nonprofit Beacon of Hope about what's keeping people away.
