Fallout: The Financial Crisis
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Home appraisal sites track decline
May 29, 2009
Web sites that estimate housing value are all over the Internet, but what good do they do? Tess Vigeland talks to Nic Retsinas, director of Harvard's Joint Center for Housing Studies, about what role these sites play in the housing market.
Robyn Beck, AFP/Getty Images
FDIC limits weak banks' interest rates
by
Janet Babin
May 29, 2009
The FDIC says it will stop weak banks from luring customers with interest rates that exceed the going market rate. As Janet Babin reports, it could save a lot of money in the long run.
Are we at the bottom yet?
by
Kai Ryssdal
May 29, 2009
Trying to figure out if we've reached the bottom seems to be every pundit's new favorite game. Kai Ryssdal reviews where we stand in the housing, manufacturing, and banking industries.
Bottom, bottom, where is the bottom?
May 28, 2009
We have many economic barometers to help us figure out what's going on with the economy, but data points in different directions. Steve Chiotakis puts it all into perspective with economics correspondent Chris Farrell.
Banks up to old tricks with salary raises
by
Bob Moon
May 27, 2009
Bank of America and Citigroup are mulling raising the base pay for investment bankers in response to lost income over bonus limitations. Bob Moon reports.
Banks use rules to their advantage
May 26, 2009
Deciding how to regulate the financial system may be difficult thanks to complications like the purchase accounting rule, which makes bank earnings look sweeter than they otherwise would. Jeremy Hobson reports.
Why is consumer confidence up?
by
Amy Scott
May 26, 2009
The Conference Board reports that last month consumer confidence hit its highest levels since September. New York bureau chief Amy Scott talks with Kai Ryssdal about why consumers are so optimistic.
For public good, not for profit.
Struggling Nevada town takes a gamble
by
Bob Moon
May 25, 2009
The small city of Mesquite, Nev., was booming when casinos came to town. But as those casinos now struggle in the downturn, it's betting on a last-ditch effort to jump-start its economy. Bob Moon reports.
Ways teens can land a summer job
May 25, 2009
Teens looking for jobs this summer will have to compete with people twice their age to find work. Bob Moon talks with Carol Christen, co-author of "What Color is Your Parachute for Teens," about ways to stand out in a downturn.
GM restructuring down to the wire
by
Amy Scott
May 25, 2009
The deadline for GM bondholders to accept a restructuring agreement is looming. If an agreement can't be reached, the struggling automaker faces bankruptcy. As Amy Scott reports, that's looking more and more likely.