A Congressional committee questioning five prominent hedge fund managers wanted to know what role they might have played in the financial meltdown and whether regulations are needed. Nancy Marshall Genzer has the story.
As economic worries tighten consumer budgets, a new shopping trend has emerged -- shoppers are returning merchandise to stores in record numbers. Beth Teitell says this buy-then-bring-back behavior is called "circle shopping."
Public pension funds that invested heavily in real estate are taking a big hit, including the real estate portfolio for California's civil servants, which lost more than a third of its value. Stacey Vanek-Smith reports.
In the first installment of our new interview series "Taking Stock," Kai Ryssdal talks to political economist Ann Pettifor about global debt. She's a fellow at the New Economics Foundation in London and author of "The Coming First World Debt Crisis."
The record high prices for copper and other metals that had thieves stealing statues and electrical wires are no more. Commodities prices have crashed, creating a big problem for scrap dealers. Jeff Tyler reports.
Earlier this year, T. Boone Pickens announced a grand plan to build the world's biggest wind farm and help wean the country off gasoline. Now that natural gas prices have tanked, he's putting the plan on hold. Sam Eaton reports.