Scripts: A: The Fed has got to cut rates , theres no question. B: How much? A: Er.. I think what we need to see is er, a process of cutting rates, so its less about how much today and about the, the holding up the hope of more rate cuts to come, wha...
Scripts: First to the Bush plan. Oh, it does seem that it excludes more people than it includes? That's right. I mean that if you look at who the plan's aimed at, it is really borrowers who are, seem to be solvent not more than thirty days behind pa...
Scripts: The housing market is already troubled and the next tsunami might be right around the corner. Resets on ARM, adjustable rate mortgages could set off a new wave of foreclosures. CNNs personal finance editor Gerri Willis joins us now to offer...
Scripts: Felicia Padley and her youngest daughter Jenny Ella are picking up free helpings of pasta, vegetables and other essentials at a Food Bank in Brooklyn, New York . Padley holds down a fulltime government job but still finds it hard to feed he...
Scripts: I think it is quite important and in particular what it shows is that engagement with China can work. And thats what we are attempting to do in this strategic economic dialogue and many other issues that are being discussed. This is one ite...
Scripts: Accompanied by his wife and attorney, Texas oil man Oscar Wyatt arrived at Federal Court, unsure what his sentence would be. Wyatt had already pleaded guilty to conspiracy in a scheme to defraud the massive oil-for-food assistance program....
Almost 3 in 5 people wont plan a holiday budget this year dont fall into this trap. First you will need to figure out how much you should spend on gifts. You wanna make sure you can pay off your bills in one to two months. Since some financial plann...
Famously generous with their bonuses but hard hit by the sub-prime mortgage crises, big investment banks are facing a dilemma this year---to reward or not to reward. Can the big banks get away with handing out chunky bonuses in the face of ailing pr...
There were two anti-US firebrands, Iran and Venezuela who are making the most noise, and they were saying that the weaker US dollar is to blame for the record high oil prices. Currently oil export earnings are denominated in US dollars. And that's o...
Rising prices could cause cheap imports from China to become more expensive and this comes as Chinas commerce ministry admits that a slowdown in the US could spark a drop in Chinese exports and mark a turning point for Chinas economic growth. Shoppe...
