Ratings agencies once touted investments in subprime mortgages. Now the pain of that market's meltdown is spreading, and many are wondering why the watchdogs fell asleep at the switch. Steve Tripoli reports.
Venezuela has been promising enough aid to its Latin American neighbors to make U.S. donations look a little paltry. But some U.S. policymakers say the country can't keep all of its promises. Dan Grech reports.
With shaky trust in the housing market and a falling stock market not the safest bet either, where else can we put our money? What about corporate bonds? Tess Vigeland talks to Marilyn Cohen, author of "The Bond Bible."
Bank of America got a lot of attention on Wall Street last week for a timely loan that saved mortgage lender Countrywide Financial. But it also got a heckuva deal, says Allan Sloan, the kind taxpayers can only wish the Fed and the ECB were getting.
The recent problems terrorizing the mortgage market are likely to scare off some investors for some time to come. But sale prices in the aftermath could also lure in bargain hunters. Steve Henn reports.
Tess returns to Seattle to have a cup of coffee, see the Space Needle, and find out how the Meridian Pacific investment club has reacted to the recent drop in the stock market.
You know those proxy statements you get in the mail, if you own a stock or a mutual fund? Regulators are looking at a major overhaul of the system that allows stockholders to vote on company issues. But that has many shareholder advocates worried. Amy Scott reports.
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about how the markets are adjusting to the credit crunch and what may lie ahead.
The government-owned holding company Dubai World is going to take a minority slice of MGM Mirage's hotel and gaming enterprise for $5 billion. Dubai World's been on a buying spree of late. Lisa Napoli reports.
Relative calm has settled in the stock markets. But there are still some unsettling noises coming from the housing and mortgage industries. Recently, tens of thousands of people in the lending business have lost their jobs. Bob Moon reports.
