The financial world is waiting to see if Ben Bernanke will give any indication of a cut in interest rates at an annual monetary conference tomorrow. Tess Vigeland talks to Michael Sheldon of investment banking firm Spencer Clarke.
Do you get the feeling the market can't make up its mind? One day the Dow plunges, the next day it rockets back. Emotion is loose in the stock market, and lots of regular investors are getting wary. Steve Tripoli reports.
The nation's biggest banks are adjusting their strategies to deal with the supprime loan crisis, and the credit crunch could get worse for all of us. Penn State economics professor John Mason offers some perspective.
Over the past several weeks of market volatility, tech stocks have remained uncharacteristically calm — and some have even seen gains. Ashley Milne-Tyte looks at the where tech sector is headed in an uncertain market.
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.
With 4.5 million unsold homes sitting on the market, could we be looking at a recession? Stacey Vanek-Smith talks to economists and takes a look into the markets.
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.
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.
Thanks to the subprime mess, China now has its own problems with tainted imports. Its been buying products of the financial variety from American banks and brokers — including big slices of mortgage-backed securities. Bob Moon reports on whether that could be a problem.
