Consumers are still spending during the recession, but in niche areas such as collectibles. David Hunt, president of Hunt Auctions, has the latest on an upcoming baseball memorabilia auction.

Harvard's endowment has been hard hit by the market turmoil, and this turmoil is causing the university to cut jobs and classes. Nina Munk, of Vanity Fair, discusses the issue with CNBC.

A look at what's driving today's trades, with John Brady, of MF Global; Anthony Grisanti, of GRZ Energy; and Todd Colvin, of MF Global.

An SEC lawyer who raised concerns about Bernie Madoff in 2004 was reportedly told by superiors to focus her efforts elsewhere. CNBC's Charlie Gasparino has the details.

The California budget crisis has reached new heights, reports CNBC's Jane Wells.

Big pay packages are making a comeback. Russ Gerson, of The Gerson Group, and David Kotok, of Cumberland Advisors, discuss whether this is justified.

Marc Morial, of the National Urban League, and Tony Fratto, fmr. White House deputy press security, discuss what Thursday's worse-than-expected jobs report means for the Obama administration.

The Fast Money traders weigh in on the markets and share their midday trading advice.

Home sales in Manhattan fell 50 percent year over year, and CNBC's Diana Olick has the details.

Despite the economic downturn, some companies are hiring, according to Tig Gilliam, CEO of human resources firm Adecco Group North America.

Julian Epstein, a Democratic strategist, and Jack Burkman, a Republican strategist, debate whether President Obama's immigration plan is bad for business.

U.S. Marshals seize Bernard Madoff's apartment, reports CNBC's Mary Thompson.