The poor economy means it's a good time to buy a house, but it also means that fewer people can actually afford this kind of investment. Yesterday Beth Kobliner outlined the pros and cons of house ownership in a shaky economy, and listeners responded.
Takeaway contributor Beth Kobliner has tips for those who are grappling with the decision to pursue buying property or continue renting. Sara Hurley also weighs in. She and her wife just bought their first home after years of renting.
This week, Democrats in Congress broke a Republican filibuster and passed legislation to extend unemployment benefits. 2.5 million unemployed people will get payments retroactive to the time they stopped receiving benefits.
Louise Story, finance reporter for The New York Times, talks about the glaring problems with our debt collection system and, specifically, the law firms that specialize in debt collections, sometimes assigning thousands of cases to a single lawyer.
Sandra Wang is a marriage and family therapist, as well as a certified financial planner and she is also a certified Divorce Financial Analyst. Wang says it's important to meet in the middle when it comes to money and your partner.
In week nine of our financial series, the Do It Yourself Bailout, Beth Kobliner helps us figure out the basics of investing: where you should put your money, what kinds of risks are reasonable and why investing money can be safer than saving it.
Despite the global credit crunch, the luxury yacht business is booming. And we're talking yachts with their own helicopters and submarines and swimming pools. Anchor Lisa Mullins speaks with Angelique Chrisafis of the British newspaper, The Guardian.
Microloans have helped some of the poorest people in the developing world become entrepreneurs. They, too, are part of the global financial web that is now in crisis. The World's Lisa Mullins speaks with Alex Counts of the Grameen Foundation.
Today, the House of Representatives in Washington passed a $ 700 billion dollar bailout of the financial industry. The World's Laura Lynch sums up a week of market-induced fear on the streets and in the bars of London.