Your Money Refinancing Help Won't Erase Borrowers' Problems August 31, 2007 Treasury Secretary Henry Paulson says the steps the Bush administration is taking will help identify mortgage holders who might have problems down the line. He says the government cannot make the problems go away, but it can try to help those who are capable of owning a home refinance their loans. Refinancing Help Won't Erase Borrowers' Problems Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14094391/14094373" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Refinancing Help Won't Erase Borrowers' Problems Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14094391/14094373" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Bush Offers Help to Overwhelmed Mortgage Holders August 31, 2007 Responding to the growing wave of mortgage foreclosures, President Bush has announced measures that could help some troubled borrowers keep their homes. But only a small fraction of subprime borrowers will be eligible. Bush Offers Help to Overwhelmed Mortgage Holders Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14094388/14094372" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Bush Offers Help to Overwhelmed Mortgage Holders Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14094388/14094372" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business 'Marketplace' Report: Housing Market Woes August 31, 2007 President Bush announced a plan Friday to help homeowners who are facing foreclosure. But many mortgage bankers say that people who buy homes with the intention of "flipping" them should deal with their loan problems on their own. Sam Eaton of Marketplace talks with Alex Cohen. 'Marketplace' Report: Housing Market Woes Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14080769/14080747" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
'Marketplace' Report: Housing Market Woes Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14080769/14080747" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Bernanke Speech Fuels Expectations of Rate Cut August 31, 2007 Lenders and investors whose poor decisions helped foster the current deepening mortgage crisis in America should not expect all their mistakes to be absolved by the Federal Reserve, Ben Bernanke said. But the Fed chairman said the central bank will act to limit the fallout from the credit debacle.
President Bush Offers Help to At-Risk Homeowners August 31, 2007 President Bush throws a lifeline to help hundreds of thousands of at-risk homeowners. Treasury Secretary Henry Paulson and Housing Secretary Alphonso Jackson devise initiatives to aid mortgage holders and keep them from defaulting on their loans.
Feds to Bolster Housing Market as Crisis Grows August 31, 2007 President Bush will announce the administration's first steps to ease the subprime mortgage crisis, after more bad housing news this week: Mortgage rates are going up, and the number of unsold properties is rising. Some of the problems began when borrowers took on loans they couldn't repay. Hear Roger Lowenstein, author of The Origins of the Crash: The Great Bubble and Its Undoing Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075152/14075103" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Hear Roger Lowenstein, author of The Origins of the Crash: The Great Bubble and Its Undoing Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075152/14075103" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Murphy Oil Thrives Despite Rural Roots August 31, 2007 Big oil companies tend to like big cities. ConocoPhillips is headquartered in Houston. BP: London. Chevron: San Francisco's Bay Area. But Murphy Oil, which runs about 1,000 gas stations outside Wal-Mart stores, is based far off the beaten path, in rural Arkansas. Murphy Oil Thrives Despite Rural Roots Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075134/14075096" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Murphy Oil Thrives Despite Rural Roots Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075134/14075096" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business 'Forbes' Ranks the World's Powerful Women August 31, 2007 Forbes magazine releases its annual ranking of the 100 most powerful women. The chancellor of Germany, Angela Merkel, is at the top, and Condoleezza Rice is No. 4. But more than half the women on the list are business leaders, not government leaders. 'Forbes' Ranks the World's Powerful Women Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075128/14075095" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
'Forbes' Ranks the World's Powerful Women Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075128/14075095" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Home Loan Defaults Cause German Bank Collapse August 31, 2007 The troubles in the U.S. subprime mortgage market have spilled over to the European financial markets. That has lead to the demise of a German bank, which ran out of cash covering investment losses tied to the crisis. Home Loan Defaults Cause German Bank Collapse Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075113/14075090" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Home Loan Defaults Cause German Bank Collapse Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14075113/14075090" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Music News Jazz Fests Boost Musicians, Fans, Local Economies August 30, 2007 Since the very first jazz festival — at Newport, R.I., in 1954 — the events have been high-profile showcases for musicians. But they can also be important economic engines for the communities that host them. Jazz Fests Boost Musicians, Fans, Local Economies Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060816/14066267" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Jazz Fests Boost Musicians, Fans, Local Economies Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060816/14066267" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Businesses Blame Slow Sales on Housing August 30, 2007 Newsweek columnist Daniel Gross says a lot of people use home equity to buy big-ticket items, such as boats and cars, and those industries are already blaming a downturn in business on the problems in the housing market. Businesses Blame Slow Sales on Housing Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060761/14060741" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Businesses Blame Slow Sales on Housing Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060761/14060741" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Housing Woes Grow as Prices Slump Nationwide August 30, 2007 A federal report finds that housing prices were flat this spring and could be heading lower. Economists say the recent news is evidence that the real estate slump will be more prolonged and widespread than predicted. Housing Woes Grow as Prices Slump Nationwide Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060758/14060740" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Housing Woes Grow as Prices Slump Nationwide Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14060758/14060740" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Retailers Try Marketing Schemes to Lift Spending August 30, 2007 Some 4,000 gas stations have started showing satellite TV on 20-inch screens at the pump in hopes that gas buyers will stick around the station, and buy more stuff. And Kentucky Fried Chicken just piloted its first "scent-focused" campaign. Retailers Try Marketing Schemes to Lift Spending Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045402/14045368" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Retailers Try Marketing Schemes to Lift Spending Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045402/14045368" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Auto Sales Decline Amid Credit Woes August 30, 2007 Retail sales of new vehicles could be off as much as 10 percent this year as troubles in the credit market spilling over into new car sales. Industry analysts say overall vehicle sales are off about 3 percent. But when you take out corporate and fleet sales, the picture is bleaker. Auto Sales Decline Amid Credit Woes Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045399/14045367" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Auto Sales Decline Amid Credit Woes Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045399/14045367" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Teamsters Seek to Halt Trucking from Mexico August 30, 2007 The Teamsters Union asks a federal appeals court to put the brakes on a pilot program that would allow Mexican trucks to travel deep into the U.S. Trucks from the United States and Mexico were supposed to be able to travel at will between the two countries under the North American Free Trade Agreement. Teamsters Seek to Halt Trucking from Mexico Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045396/14045366" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Teamsters Seek to Halt Trucking from Mexico Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/14045396/14045366" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript