The Securities Exchange Commission is expected to announce a new proposal on credit rating agencies today. Amy Scott reports the SEC will propose reforms to make fund managers do more of their own research.
Host Tess Vigeland returns to the Crow River Investment Club in St. Michael, Minn., where "diversification" is the buzzword for surviving the shaky economy.
Former UBS employee Bradley Birkenfeld has pleaded guilty to a charge of helping a client dodge taxes, and says he will tell the U.S. everything he knows about the bank. Stephen Beard tells us more about what fraudulent behavior went on.
Goldman Sachs is close to clinching a deal involving $7 billion of complex asset-backed securities in hopes of making leeway against the credit crunch. Stephen Beard compares the deal to a sausage.
With the price of gold up, the thought of pawning your mother's old jewelry might seem more appealing. Jaime Bedrin made an attempt to sell of a necklace laying around to see what it could fetch — and wasn't entirely impressed.
The head of the Federal Communications Commission approved a merger between XM and Sirius satellite radio, a deal which the Department of Justice approved in March. Ashley Milne-Tyte has details on what will happen now.
Anheuser-Busch has been talking to maker of Mexican beer Corona to the chagrin of InBev, who was originally planning to buy out the company. Stephen Beard reports on the letter an upset InBev sent in response.
In this edition of Getting Personal, Chris and Tess talk about a relative's financial deal, types of credit scores, rewards checking accounts and pooling money to buy a house.
InBev brewery, the maker of Stella Artois, has put down a $46 billion bid in cash for Anheuser Busch. Stephen Beard has more about why the Belgian company is so interested in the Budweiser brewer.
