The unpredictability and wild up and down surges of the markets stem in part from the low volume of trading. Ashley Milne-Tyte reports on how volume affects market volatility.
More than 2 million people have lost jobs this year, Businesses are hurting. But companies with a little extra cash are finding this an excellent time to poach new talent from competitors. Stacy Vanek-Smith reports.
As a professor at MIT's Sloan School of Management and a former Director of the Research at IMF, Simon Johnson has this financial crisis on his mind every day. In fact, he says, he's losing sleep over it.
Three weeks after the $700 billion bailout package seems a good time to find out how it's going. To chat about the bailout and who's lining up to get their share, Kai Ryssdal called economist Doug Elmendorf at the Brookings Institution.
The Japanese yen has long been a source of low-interest capital for big borrowers from around the world. Then the global financial crisis hit. Senior Business Correspondent Bob Moon explains what happened next.
OPEC ministers meeting in Vienna announced a 1.5-million barrel cut in oil production to try to drive up prices on the international market. Washington Bureau Chief John Dimsdale reports.
Recessionary fears have really gone global now. And on Wall Street, some wondered if the Dow would drop low enough to trigger "circuit breakers," which halt trading. Kai Ryssdal turns to Jeremy Hobson for perspective.
Some immediate causes of this morning's fallen Dow: word of negative economic growth in Britain and profit warnings from big companies. But Dan Grech explains the role of what some call "forced selling."
The Federal Reserve has bailed out Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers. And there's more to come. The total is estimated at $1.4 trillion. Wondering where that money comes from? Rico Gagliano finds out.
Hundreds of billions in losses were expected from Lehman Brothers' credit default mess. But the reality wasn't so disastrous after all — more like $5 billion. New York City Bureau Chief Amy Scott reports.
