In the third quarter, American GDP shrank by 0.3% — less than analysts expected, but it still showed the U.S. economy shrinking. And, as Sarah Gardner reports, the worst may be yet to come.
When gas prices increased, so did noble things like public transportation ridership and sales of fuel-efficient cars. Now that gas prices are sliding, have bad habits returned? Senior Business Correspondent Bob Moon reports.
Merger talks with Chrysler are "progressing," but GM's troubles are not at bay. The automaker announced another global sales drop and reportedly plans to cut back on new car development. Renita Jablonski asks if that's wise.
Huge corporations like The Carlyle Group and Blackstone got into the private equity business when credit was easy and cheap. But now that the credit market is drying up, will the private equity game go with it? Stacey Vanek-Smith finds out.
An important point to keep in mind, says commentator David Frum, is that the government's new role in banking, insurance and other industries is for emergency purposes. Ultimately, that role needs to go away.
Now that the Fed's cut the interest rate to 1%, can it cut it any further? Will it? How low can the interest rate go? Kai Ryssdal turns to Harvard economist Kenneth Rogoff for his perspective.
The Federal Reserve cut the interest rate to 1% in an effort to encourage lending and stimulate the economy. Will it work? What about inflation? Washington Bureau Chief John Dimsdale reports.
Congressman Henry Waxman wants to make sure the bailout package isn't used to pay for CEO bonuses. Nancy Marshall Genzer reports some pay packages outlined for top execs might only be pulled off with that money.
The Marketplace mailbox gave us a lot to think about this week. Kai Ryssdal picked comments on his interview with Rep. Henry Waxman and on Robert Reich's column on the idea of "too big to fail."
Last year's securities industry shindig took place in Boca Raton and had big name entertainment. Oh, what a difference a year makes. New York City Bureau Chief Amy Scott reports on the pared-down version planned this year.
