The number of failed mortgages is continuing to rise. Marketplace's Steve Tripoli talks with Kai Ryssdal about the shenanigans that have put a lot of new homeowners in trouble.
China is reportedly planning to stop buying foreign reserves — no small matter when its investments in U.S. Treasury bonds prop up the dollar. Yet, currency traders don't seem worried. Amy Scott reports.
Jim Cramer, host of CNBC's Mad Money and the former manager of a successful hedge fund, is known for having a big mouth. And in a recent interview he may have said too much.
An estimated 70% of Papua New Guinea's population lives in poverty. Men have mostly been the wage earners. But economic opportunities for women are changing traditional gender roles. Skye Rhode reports.
In just a month, record highs and boom times on Wall Street have given way to big losses. Allan Sloan believes investors have simply let emotion get the best of them.
Former Qwest CEO Joseph Nacchio goes on trial today in Denver on charges of insider trading. Nacchio profited mightily before the telecom giant's stock collapsed. Steve Tripoli reports.
Another week has brought another worry about risky mortgages. Host Tess Vigeland talks about Alt-A loans with Chris Mayer, the Director of the Milstein Center for Real Estate at Columbia Business School.
Nervousness over the subprime mortgage market is causing some wild swings in the stock market. Kai Ryssdal talks with the Wall Street Journal's Kate Kelly about the big names who are entering the fray.