Latest Stories

Latest Stories


Europe hints at rate hike

Stephen Beard | Aug 23, 2007
Just when it looks like the Fed might be ready to lower interest rates in the U.S., the European Central Bank has indicated it may raise rates over inflation worries. And at least one EU member state says the ECB's got it wrong, Stephen Beard reports.
Posted In: Canada, Economy

Will airlines pay for price fixing?

Jeremy Hobson | Aug 23, 2007
A federal judge today decides whether to approve $300 million fines against British Airways and Korean Air for colluding to fix fuel surcharge prices. But that cash won't compensate consumers who were overcharged. Jeremy Hobson reports.
Posted In: Crime, Travel

Astronomical inflation in Zimbabwe

Gretchen Wilson | Aug 23, 2007
Two months ago, in an attempt to stem breakneck inflation, Zimbabwe's government ordered businesses to freeze prices. Since then, it's been crippled by a shortage of basic goods, and inflation shows no sign of slowing, Gretchen Wilson reports.
Posted In: Canada, Economy

Cost of emerging from China's shadow

Dan Grech | Aug 23, 2007
Taiwan and China have a long-standing disagreement, to put it diplomatically, over whether Taiwan is independent. And China's powerful economy has forced the tiny island to be resourceful in gaining recognition from other nations. Dan Grech explains.
Posted In: Canada

AMA ad blitz: Health care for all

Ashley Milne-Tyte | Aug 23, 2007
Today the AMA launches a three-year, multi-million-dollar ad campaign. Its goal: Stir up voters to ensure that '08 candidates take the issue of 45 million Americans without health insurance to heart. They want a real solution, Ashley Milne-Tyte reports.
Posted In: Health

China, U.S. need free-market police

| Aug 22, 2007
There's been some talk that all the problems China is having with manufacturing can be traced to its get-rich economic system. But commentator Robert Reich says our brand of free market isn't squeaky clean either.

No credit crunch with Dubai World

Lisa Napoli | Aug 22, 2007
The government-owned holding company Dubai World is going to take a minority slice of MGM Mirage's hotel and gaming enterprise for $5 billion. Dubai World's been on a buying spree of late. Lisa Napoli reports.
Posted In: Entertainment, Investing

Bush backers begin surge of their own

Steve Henn | Aug 22, 2007
President Bush's speech today to the VFW is the opening volley in a White House campaign to build support for keeping troops in Iraq. And, as Steve Henn reports, the president will have some well-financed allies backing him up.
Posted In: Washington

Proof of age required for social sites?

Kai Ryssdal | Aug 22, 2007
States are trying to force sites like Myspace and Facebook to come up with ways to verify their members are a minimum age. Kai Ryssdal talks with Victoria Barret at Forbes magazine to find out what that might do to their bottom lines.
Posted In: Crime

A swift reversal of fortune

Bob Moon | Aug 22, 2007
Relative calm has settled in the stock markets. But there are still some unsettling noises coming from the housing and mortgage industries. Recently, tens of thousands of people in the lending business have lost their jobs. Bob Moon reports.