Socially responsible investing has been around for quite a while, but now there's a new kind of social investment taking shape — terrorism-free investing. Tess talks to Bob Frick from Kiplinger's Personal Finance Magazine.
Tribune Company shareholders overwhelmingly said yes to a deal to take the company private. The deal gives them $34 a share. The stock closed at $28 today. But their vote doesn't mean it's a done deal. Lisa Napoli reports.
Three large mortgage lenders — Luminent, Thornburg and Countrywide — reported steps they are taking in their attempts to recover from the liquidity crisis. Stacey Vanek-Smith has the details.
Now that the Federal Reserve has stepped in to calm credit-crunch fears, we figured it was time to assess where the markets and the economy might be headed. Kai Ryssdal talked with Jeffrey Saut, chief investment strategist at Raymond James.
Money market funds are supposed to be some of the safest investments. They pay better interest than a typical savings account without much more risk. But Amy Scott reports some money markets have been investing in some dangerous debt.
Ordinarily, if you want to see a fine work of art, you'd have to go to the nearest museum. Commentator Sandra Tsing Loh found an alternative. But now she's caught up in the age-old struggle with buyer's remorse.
Back in July a hedge fund called Sowood Capital collapsed in a week's time, and took $1.6 billion of investors' money down with it. The Boston Globe's Chris Rowland tells us how that's possible.
Switzerland's central bank chairman took off the gloves over the weekend, predicting in press interviews that we haven't seen the end of the crisis in world financial markets, thanks to the U.S. Stephen Beard has more.
Tess Vigeland went back to Fairfax, Va. to check in with the investment club Formerly Baroque. Among the stocks considered: iPhones, farm machinery and some infamous footwear. Will the ladies kick the Crocs to the curb?
