The Fed is jockeying to control the interest rate on loans that banks make to each other. Who cares? You should. Those rates affect the ability of consumers and businesses to get loans. Nancy Marshall Genzer reports.
When the value of the U.S. dollar dropped, Americans traveling out of the country were bummed. But American companies made good money doing business overseas. Well, the tide is turning. Senior Business Correspondent Bob Moon reports.
Millions of dollars flood into the bank accounts of CEO's as a reward for high-risk behavior. Should CEO's still be making millions while taxpayers bail out their struggling companies? Marketplace's Stacey Vanek-Smith reports.
Kai Ryssdal catches up with Congressman Henry Waxman to discuss regulation. Waxman chairs the House Committee on Oversight and Government Reform, which has been holding hearings on corporate misbehavior.
From the Marketplace mailbox, Kai Ryssdal pulls out some of the letters sent in by listeners. In the selection: comments on calculating the poverty line, food fraud, the financial crisis and the dropping price of oil.
When Lehman Brothers filed for bankruptcy, sellers of its credit default swaps found themselves on the hook for billions of dollars. New York Bureau Chief Amy Scott reports on the settlement and how much is expected to change hands.
A speculator named William Duer borrowed like crazy in the 1790s to build a fortune. When he went bust, lenders said he was too big to fail. Sound familiar? Author David Liss recounts the story that led to the founding of the NYSE.
Industrial giant Caterpillar is one of a number of companies with lower-than-expected third-quarter earnings. Higher raw-material costs and the global economic slowdown are blamed. Ashley Milne-Tyte reports on earnings reports to come.