Another bleak day on Wall Street, the Dow plummeted 449 points and the Fed is loaning insurance giant AIG a staggering $85 billion. Alexis Christoforous has today's top business stories.
General Motors recently announced they are still losing money, but less than they were before. As Alexis Christoforous reports, the government will start getting its money back a sooner than expected.
Bank of America is socking certain credit holders with new fees, even those who pay their bills on time. Alexis Christoforous has details.
Immigration officials announced plans to detain non-criminal, illegal immigrants in certain cites. It's part of several reforms to the country's immigration system. Teri Okita reports.
On this week's "Econwatch", CBSMoneywatch.com's Jill Schlesinger speaks about upcoming earning season, the spooky market month of October, and the past economic year. CBSNews.com's Dan Farber reports.
We all watched last year as the mortgage meltdown crashed the entire economy. Now economists see another collapse coming, this time in commercial real estate. Alexis Christoforous reports.
Ray Martin offers insight on when and how to start saving for your child's college costs.
Ray Martin shares his formula on how much you should or shouldn't spend on education.
Alissa Harvey quit her boring job and decided to start her own business, 'Mew Paper Arts', where she makes and sells stationary. As Richard Schlesinger reports, her business is doing very well.
There can be notes in class without notebooks and no paper airplanes without paper, but this year parents have more of a green choice in their back to school shopping. Hari Sreenivasan reports.
Ray Martin shares his formula on how much you should or shouldn't spend on education.
Ray Martin tells Priya David what you should know about Cash 4 clunkers.
When people think of Saratoga Springs, they usually think of horses, but now that area is going from horses to high-tech. As John Bentley reports, a billion dollar semi-conductor manufacturing plant is in the works.
Maggie Rodriguez along with Contributors Ray Martin and Vera Gibbons answered your questions about President Obama's mortgage plan, whether to invest in the stock market and more.
Claire Leka reports on the Inauguration Day stock market plunge, the state of American banks and the largest data breach involving millions of credit cards that took place over the past year.
Alexis Christoforous reports that Chrysler will have access to the Italian Carmakers technology; Also, Warner Bros will cut 10 percent of its global workforce, which will lead to 800 layoffs.
Karen Brown Reports that an economic stimulus package could be in the works to create more jobs; Pfizer, Circuit City and Hertz announce job cuts; Madonna auctions a nude photo worth thousands.
Before the House Oversight and Government Committee, Former Treasury Secretary Henry Paulson admitted pressuring Bank of America to go through with plans to buy Merrill Lynch.
Analysts predict that Wall Street will make a comeback in 2009. And the Fed will make another attempt to help the housing market. Kathryn Brown reports.
Consumer confidence is at an all-time low and many predict things will only get worse in 2009. Kathryn Brown reports.
With the consistently weakening economy, police officials have reported an increase in arrests concerning the production of counterfeit currency. KHOUu2019s Jeff McShan reports from Houston.
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