They're supposed to promote home ownership through more affordable mortgages, but a Fed economist says government-sponsored lenders Fannie Mae and Freddie Mac are lining shareholder pockets instead. Stacey Vanek-Smith reports.
The SEC announced yesterday it will not exempt small businesses from strict Sarbanes-Oxley accounting standards meant to prevent Enron-style fraud. Stacey Vanek-Smith reports.
Consumers should get used to $3-plus gas prices. Crude oil prices are expected to stay high through 2007 but a new report out Wednesday suggests motorist are adapting to higher gas prices. Stacey Vanek-Smith reports.
The nation's largest provider of sub-prime loans is laying off a third of its staff and closing more than 200 branch locations. Stacey Vanek-Smith looks at why.
Shareholder watchdogs have been complaining loudly over runaway CEO compensation, but according to a new report, companies don't seem to be listening. Stacey Vanek-Smith reports.
Three of the largest beef producers in the US have been found guilty of colluding to keep beef prices artificially low to drive smaller competitors out of business. Stacey Vanek Smith reports.
Have you ever been around someone who chews gum constantly? Do they seem happier? Healthier? Wrigley is betting millions of dollars on it. Stacey Vanek-Smith explains.
