The storm seems to be abating for British bank Barclays, despite detrimental rumors of subprime suffering and a written-off $2.75 billion. Stephen Beard reports how the bank is taking action with its renewed confidence.
Investors are predicting dark times ahead for the economy. Marketplace's Jill Barshay tells you what you can do to prepare your portfolio for the worst.
A bond fund managed by General Electric has had its value fall below 100 cents on the investor's dollar, setting off some alarm bells. Amy Scott reports.
The farming town of Reynolds is a potential Saudi Arabia of bio-fuel and it's looking to become energy independent. So far, it's still a big gamble, but town leaders think it will work — if they can lure investors.
Investors looking to make money in commodities can buy futures contracts on all kinds of things, such as gold, currencies, wheat. One futures contract investors can't buy is diamonds. But as Alisa Roth reports, some people would like to change that.
Citigroup says it could face as much as $11 billion more in losses — after it took almost $6 billion in write-offs last month. Former Treasury Secretary Robert Rubin has been elevated to chairman to fix things. But what will happen to its retail banking business? Jill Barshay reports.
Profits in municipal bonds are on their way to surpassing last year's record. Amy Scott tells us why it's a good time for local governments to borrow — and why the deals will likely keep coming.
The Supreme Court hears a case today that will decide whether it's legal for states to exempt in-state bond interest from income tax while taxing out-of-state bonds. Jeremy Hobson reports.
Merrill Lynch CEO Stan O'Neal reportedly will be leaving the investment house following its announcement last week of $8 billion in subprime write-downs. Steve Henn reports O'Neal would be the highest profile casualty of the subprime mortgage debacle.
