Hedge funds have been blamed for fueling the financial crisis. Amy Scott paid a visit to one fund that's hoping to take the lemons this economy's offering and make lemonade.
Last month England's central bank dropped its interest rate to 3%, a 50-year low. Another half-point cut is expected Thursday to help hard-pressed borrowers. But that has hard-pressed savers upset. Stephen Beard reports.
A couple of months ago the Wall Street powerhouse decided the investment banking wasn't such a good idea anymore. So it turned itself into a full-service operation. Now it reportedly is considering becoming an Internet banking start-up. Bob Moon reports.
Hedge funds seem to make headlines when things go bad on a trading day. But what are these funds and how do they really affect the stock market? Mitchell Hartman explains the term in our latest Marketplace Decoder.
Banks want to minimize credit risk, and one way to do that is by not offering so much credit in the first place. This could prove difficult for some consumers who are targets of a credit line cut. Ashley Milne-Tyte reports.
Tess Vigeland and Chris Farrell give advice on paying for a student's college costs, helping mom with retirement, and the No-Brainer, Margarita and Couch Potato portfolios.
Host Tess Vigeland asks economist Teresa Ghilarducci how today's plans compare with retirement strategies from the past and some proposed plans for the future.
More and more American's nest eggs are getting picked apart by the financial crisis. Host Tess Vigeland talks with J. Mark Iwry of the Brookings Institution about how the 401(k) has outgrown its original intent.
