President-elect Obama has been fairly guarded in his pronouncements as to what ought to be done with the economy before he takes office, even as some in both parties are calling for him to be more involved. Kai Ryssdal gets some perspective from James Thurber of American University.
In our Weekly Wrap, Kai Ryssdal talks with Fortune's Leigh Gallagher Portfolio.com's Felix Salmon about this week's jobs numbers, the "official" recession, the whip-sawing markets, and the automakers' continued pleas to Congress.
A year into a recession and job losses are getting steeper. That's not good. Recovery hinges on people working and starting to buy again. Senior Business Correspondent Bob Moon looks at where we can go from here.
Today's jobless report was worse than many analysts expected. The economy lost 533,000 jobs last month, the most since 1974. And the 6.7% unemployment rate was the highest since 1993. Jeremy Hobson reports.
Professional sports haven't been immune to problems from the recession. But business-of-sports commentator Diana Nyad tells Kai Ryssdal the sports having the most trouble are the ones with the biggest toys.