Like AmEx, financial services company GMAC has applied for status as a bank, which would make it eligible to receive bailout funds. Tess Vigeland asks banking law professor Lissa Broome to explain the trend.
The U.S. economic crisis means it's harder for Mexican migrants to find work, and that means there's less money sent home to families. Dan Grech visits a small town in central Mexico to see how it's faring.
Treasury Secretary Henry Paulson has switched the bailout plan from buying troubled mortgage securities to buying preferred shares in healthy banks. Commentator Robert Reich says it's time to stop the handout.
Sales of used goods are rising as consumers ditch expensive retail stores for more creative and cheaper ways to shop. Why not? Sarah Palin does it. Ashley Milne-Tyte reports on a booming shopping sector.
Consumer prices fell 1% last month, the most on record. It's good news for consumers looking to save a little on purchases, but as Steve Henn reports, deflation means we could be heading into even worse economic times.