Fallout: The Financial Crisis
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States may now go after big banks
by
Jill Barshay
Jun 30, 2009
A new Supreme Court ruling says states can enforce state-lending laws, even with big banks like Chase or Citibank. Jill Barshay reports.
The fireworks show must go on
Jun 29, 2009
Some cash-strapped cities and towns are nixing Fourth of July celebrations because they can't afford expensive fireworks displays. But one Massachusetts town won't let the economy ruin its holiday. Curt Nickisch reports.
Madoff victims react to verdict
Jun 29, 2009
Bernard Madoff was sentenced today to 150 years in prison for his multibillion-dollar Ponzi scheme. We hear from some of his victims who were on hand for the ruling.
Fee hikes bounce to debit cards
Jun 29, 2009
Companies may have found a way around new laws that limit fees on credit cards. Now it could be debit cards that cost you a little extra. John Dimsdale reports.
Toxic assets still looming in the murk
by
Amy Scott
Jun 29, 2009
The U.S. banking system is still being dragged down by toxic assets, and a plan to get rid of them has run into some major obstacles. Amy Scott reports.
Is there momentum for 3rd quarter?
Jun 29, 2009
S&P Equity Research investment strategist Sam Stovall talks with Steve Chiotakis about how the market did during the second quarter, and whether there is any momentum left as we head into what's traditionally the weakest quarter of the year.
Caution for U.K.'s financial center
Jun 29, 2009
U.K. business group CBI says confidence is returning to London's financial center, but analysts are cautious about talk of recovery. Stephen Beard reports.
For public good, not for profit.
Film tax cuts get re-take in some states
by
Joel Rose
Jun 29, 2009
Many states use tax cuts to lure film and TV productions. But with state budgets suffering, some are questioning that strategy. Joel Rose reports on a tax incentive in Pennsylvania that is facing some scrutiny.
How the market's doing mid-way point
Jun 29, 2009
Fortune Magazine's Allan Sloan talks with Steve Chiotakis about how the market is doing at the half-way point of the year.
Should we be worried about inflation?
by
Amy Scott
Jun 26, 2009
Former Federal Reserve Chairman Alan Greenspan is warning that inflation could threaten economic recovery. And he's not the only one raising that concern. Amy Scott reports on how worried we should be.