Former Qwest CEO Joseph Nacchio is on trial for charges of selling off $100 million in stocks on insider tips. Amy Scott looks into his defense strategy.
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.
If there were any lingering hopes of an interest rate cut by the Federal Reserve board next week, they were probably dashed by today's Consumer Price Index report. Hillary Wicai reports.
As the subprime mortgage sector approaches a full-scale meltdown, investment bank Goldman Sachs is talking about getting deeper into subprime lending. Is it a fire sale or a fool's market?
The subprime mortgage crisis has rippled across the pond and now British banking giant Barclays is demanding the immediate repayment of $900 million from U.S. subprime lender New Century.
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.
Commentator Robert Reich says as presidential candidates spend less time at coffee klatches and more time talking to investment bankers, the American people are getting short-changed.
Several factors came together today, sending the Dow down 242.66. Kai Ryssdal checks in with economist Diane Swonk to get her view on the market's drop.
Subprime lenders are in trouble. Foreclosures are up. Marketplace's Tess Vigeland talks with Kai Ryssdal about why that matters for the larger housing market and the whole economy.
