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Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
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Freddie Mac Good For Business, Bad For Homeowners?
An investigation by ProPublica and NPR sheds light on questionable practices by the government-owned mortgage giant Freddie Mac. Guest host Jacki Lyden speaks with NPR's Chris Arnold and Arturo de los Santos, who is trying to save his house.
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Verizon To Set Up Streaming Service With Redbox
Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks. Verizon and Coinstar Inc., Redbox's parent, say the service will be national and available to non-Verizon customers as well.
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After Deep Cuts, New Mexico Now Has Budget Surplus
In New Mexico, state lawmakers are figuring out what to do with a budget surplus. Republicans want to give some of the money to businesses, in the form of tax breaks. Democrats want to restore some of the cuts to services made over the last three years.
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Deadline Closes In For Mortgage Relief Settlement
States have until close of business Monday to sign on to a settlement that would help underwater homeowners. If states agree to the deal, it could mean a settlement of up to $25 billion. It would be used for aid to people who have dealt with foreclosure or are at risk of it.
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GOP Contests Move To Colorado, Minnesota
The Republican presidential nominating season heads into another phase this week as Colorado and Minnesota voters choose their candidates Tuesday. Over the weekend Mitt Romney scored a huge victory in the Nevada caucuses, besting his closest rival Newt Gingrich by double digits. As the Republicans battle it out, President Obama got some positive news on the economic front last week, and is seeing his polling numbers improve.
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