Mark Zandi, chief economist at Moody's Analytics, and Louise Story, Wall Street and finance reporter for The New York Times, talk about what impact the downgrade will have on the U.S. economy.
How the $75 billion government bailout for troubled homeowners may be making the housing crisis worse.
Barack Obama kicked off the week on Capitol Hill, pitching his economic stimulus plan. Mark Zandi, Chief Economist for Moody's, will be among the many experts who are testifying today. He joins us now for a preview of what he will say on the Hill.
AIG and Lehman Brothers -- the latest economic crisis and what's at stake for ordinary Americans.
Democrats say the new housing bill helps the housing market and the economy, but President Bush will sign reluctantly and against the wishes of many Republicans.