Companies that haven't traditionally done much in debt markets are now finding themselves caught up in the liquidity squeeze. Ashley Milne-Tyte reports on how the credit crunch might catch some companies unaware.
The Fed has pumped another $75 billion into the frozen credit markets with the first auction of loans to investment banks that it promised as part of the bailout of Bear Stearns. Will the effort restore confidence to the credit markets? Jill Barshay reports.
This week Hillary Clinton called on the government to help homeowners more, John McCain warned against too much government action, and Barack Obama said McCain doesn't know what he's talking about. Nancy Marshall Genzer looks into whether any of them do.
Today, Treasury Secretary Henry Paulson talks to the U.S. Chamber of Commerce about the state of the economy. But despite talk on the mortgage markets, Alisa Roth reports that an economic overview is off the agenda.
It's not just wannabe homebuyers who are keeping an anxious eye on the real estate market. State pension funds lost billions when the subprime loan crisis hit and the market collapsed. But now they smell a bargain and they're getting back into the game. Stacey Vanek-Smith reports.
So, consumer confidence is down and home prices are still sliding. Maybe it's time for some counterintuitive behavior -- like thinking about getting into the housing market. Kai Ryssdal checks out that notion with Dan McGinn of Newsweek.