Qatar is trying to catch up with Dubai's Nasdaq deal and establish itself as the financial center in the Middle East. The battle is being fought over a stake in the London Stock Exchange. Stephen Beard reports.
Dubai and rival Qatar are both taking their business to Britain to expand their markets. Bob Moon discusses the country's welcome mat to the Middle East with Stephen Beard.
Nasdaq and the Dubai stock exchange have come to terms on an intricate deal to buy the Nordic OMX Exchange group. Marketplace's Stephen Beard discusses the details with Kai Ryssdal.
Treasury Secretary Henry Paulson let it be known today that the White House has decided to consider letting Fannie Mae and Freddie Mac buy up jumbo loans, something it's been opposed to. And Fed Chairman Ben Bernanke added it better happen soon. Steve Tripoli reports.
The Dubai stock market has teamed up with Nasdaq to benefit from Nasdaq's takeover of Swedish exchange OMX. Stephen Beard reports the relationship is mutually beneficial.
The Fed has done its bit to help out the mortgage-induced credit crunch by lowering interest rates. Commentator Robert Reich says that's great for lenders and investors, but it won't do a thing for the little guy.
A poll out today from Reuters shows one-third of Americans believe we're heading for a recession. But who's to blame? Steve Henn did his own poll this morning in D.C.
Subprime finger-pointing has caused credit-rating agency Moody's to consider reforming its valuation system. But critics are complaining it won't fix the industry's larger problems. Bob Moon reports.
It was no surprise that the Federal Reserve cut interest rates today. But what really caught people unawares was what rates it cut — and by how much. Amy Scott reports.
Lehman Brothers reported third-quarter earnings today, making it the first investment bank to turn in its numbers since the subprime crisis began. The other big banks report later this week, and Amy Scott reports investors are fearing the worst.
