The Federal Reserve has asked mortgage lenders and loan companies to ease up on subprime borrowers who might be facing foreclosure. Marketplace's Steve Tripoli discusses the details with Kai Ryssdal.
We all might want to extend a helping hand to homeowners on the verge of defaulting. But a study suggests some of these borrowers — house flippers and speculators — might not be so deserving of help. Sam Eaton reports.
Foreign investors have been bullish on the billion-strong Chinese market, but passage of a new anti-monopoly law may cool things down a bit. China bureau chief Scott Tong talks with Tess Vigeland about the scope of the law.
Wall Street can be an incestuous place… When Merrill Lynch downgraded its rating on Lehman Bros. because of Lehman's exposure to the credit turmoil, the investment bank downgraded Merrill Lynch. Amy Scott reports.
That's the word around some water coolers on Wall Street, as economists and investor types await Fed chief Ben Bernanke's speech today. For or against it, they'll all be looking for hints of a rate cut in the near future. Amy Scott reports.
Fox is launching its own business channel in mid-October, and CNBC is preparing for the competition by spicing up everything from graphics to programming. Amy Scott reports.
Do you get the feeling the market can't make up its mind? One day the Dow plunges, the next day it rockets back. Emotion is loose in the stock market, and lots of regular investors are getting wary. Steve Tripoli reports.
The nation's biggest banks are adjusting their strategies to deal with the supprime loan crisis, and the credit crunch could get worse for all of us. Penn State economics professor John Mason offers some perspective.
Investors are flocking to the safety of bonds as subprime lending fallout continues to drag Wall Street on a wild ride. The returns are nothing special, but some folks just want to know their nest egg is protected. Stacey Vanek-Smith reports.
Over the past several weeks of market volatility, tech stocks have remained uncharacteristically calm — and some have even seen gains. Ashley Milne-Tyte looks at the where tech sector is headed in an uncertain market.
