bob moon

Helping the needy gets tougher

admin — Thu, 27 Nov 2008 12:06:53 -0600

Demand for food assistance is rising and food banks are struggling to keep up. Senior Correspondent Bob Moon visits a mission to see what demand looks like first hand.

Will economic stablization act work?

admin — Tue, 25 Nov 2008 14:52:09 -0600

In the best-case scenario of the government's latest rescue effort, the Fed buys up outstanding mortgages to get banks lending and consumers spending again. But Senior Business Correspondent Bob Moon asks, Is this going to work?

How the global crisis boosted the yen

admin — Mon, 27 Oct 2008 14:25:29 -0500

The yen has long been the source of low-interest capital for big borrowers from around the world. Then the global financial crisis hit. Senior Business Correspondent Bob Moon explains what happened next.

U.S. dollar bouncing back

admin — Wed, 22 Oct 2008 13:29:09 -0500

When the value of the U.S. dollar dropped, Americans traveling out of the country were bummed, but American companies made good money doing business overseas. Well, the tide is turning. Senior Business Correspondent Bob Moon has more.

Fed jumps in for money-market funds

admin — Tue, 21 Oct 2008 12:19:28 -0500

Jittery investors pulled half a trillion dollars out of money-market funds in the past few months, siphoning out another source of credit. It's Fed to the rescue again, though, Senior Business Correspondent Bob Moon reports,

Hedge fund failures a dangerous sign

admin — Thu, 16 Oct 2008 14:45:22 -0500

A growing number of hedge funds have gone from big winners to big losers. Highland Capital Management is shutting down two of them, blaming "unprecedented market volatility." Senior Business Correspondent Bob Moon reports.

Credit markets want to see the money

admin — Tue, 14 Oct 2008 13:10:47 -0500

Have the financial rescue plans done anything yet to encourage banks to start lending again? So far, the major credit benchmarks aren't moving much. Senior business correspondent Bob Moon reports.

A rescue package that's 'unlimited"

admin — Mon, 13 Oct 2008 14:40:10 -0500

The Fed is leading an extraordinary push to restore liquidity in the world financial markets by offering "unlimited" greenback funds in auctions. So, does that mean the sky's the limit? Bob Moon finds out.

Wall Street's crazy, crazy week

admin — Fri, 10 Oct 2008 12:55:04 -0500

Stockholders bailed. Bargain hunters bought. And Wall Street turned into a wild roller coaster ride. Bob Moon explains to Kai Ryssdal what was driving the action and when it's going to settle down.

Interbank lending rates spike

admin — Tue, 30 Sep 2008 14:29:48 -0500

As the markets work to sort themselves out in the wake of the bailout plan's demise, the rates banks charge each other to borrow have risen to an all-time high. Marketplace Senior Business Correspondent Bob Moon reports.