Wall Street

As the subprime mortgage sector approaches a full-scale meltdown, investment bank Goldman Sachs is talking about getting deeper into subprime lending. Is it a fire sale or a fool's market?

The subprime mortgage crisis has rippled across the pond and now British banking giant Barclays is demanding the immediate repayment of $900 million from U.S. subprime lender New Century.

Nervousness over the subprime mortgage market is causing some wild swings in the stock market. Kai Ryssdal talks with the Wall Street Journal's Kate Kelly about the big names who are entering the fray.

Commentator Robert Reich says as presidential candidates spend less time at coffee klatches and more time talking to investment bankers, the American people are getting short-changed.

Several factors came together today, sending the Dow down 242.66. Kai Ryssdal checks in with economist Diane Swonk to get her view on the market's drop.

Subprime lender New Century moved a step closer to bankruptcy as its lenders called in their loans. Track the falling dominos and it might push the whole economy lower, too. Hillary Wicai reports.

Hurricane futures begin trading on the Merc today. It's a new way for businesses to hedge against hurricane losses, and building it required a new way of classifying the storms.

How did McClatchy get that $160 million tax break when it sold the Minneapolis Star-Tribune last week? Turns out it's thanks to a little-used type of merger that's pretty smart.

In an effort to make American business more competitive, the Chamber of Commerce is urging public companies to stop wasting time on earnings forecasts.