A lot of economists have been notably optimistic about the subprime crisis, saying it wouldn't lead to a recession anytime soon. But a poll out today from Reuters may indicate a change of heart. Alisa Roth reports.
A new government study says New York has more high-tech workers than Silicon Valley, but investors are still pumping money into the West Coast. Jill Barshay reports.
The private-equity firm Kohlberg Kravis Roberts has agreed to conditions on loans it's taking out to buy the credit card processing firm First Data. Bob Moon explains.
This week, Chris Farrell's advice on investing in penny stocks, using an open check from a credit card company, and keeping open old checking accounts.
With so much information available on your investments, finding reliable data can be a bewildering task. And now, many major brokerages are making some research less available to the public. Amy Scott reports.
The House Ways and Means Committee is looking into whether the U.S. government should raise taxes on rich private-equity firms that go public to get richer. Commentator Glenn Hubbard says that would be a bad idea.
The European Central Bank's decision to keep its benchmark interest rate at 4% is making bankers and investors anxious that this fall might be worse than this summer. Stephen Beard reports.
Word from Congress yesterday: Senior citizens are being scammed into dodgy investments by people with official sounding titles. And lawmakers on both sides of the aisle want to do something to stop it. Jeremy Hobson reports.
Investors clearly have a ways to go before they'll be feeling better, based on the latest economic reports. Today, a Bush administration official warned they could be waiting a long time. Bob Moon reports.
