Latest Stories

Latest Stories


Under dry sky, Aussies turn to the sea

Nate DiMeo | Jan 28, 2008
With climate change reducing reliable rainfall in Australia, many cities are tapping the ocean as a water source. And they're trying to do it without making a bad problem worse. Nate Dimeo reports. First in a series.

What to do about the economy?

Steve Henn | Jan 28, 2008
What do Americans want to hear from tonight's State of the Union address? Steve Henn surveyed commuters near the White House this morning and asked their views on the economy and President Bush's stimulus package.
Posted In: Economy

Gold mines shut down, prices go up

Gretchen Wilson | Jan 28, 2008
Power outages in South Africa are causing gold mine shutdowns nationwide, which is raising gold's cost. Each day without steady power is costing the country's mining industry $27 million. Gretchen Wilson reports.

Too Much Debt

Chris Farrell | Jan 28, 2008
Question: I'm ashamed to say that I am one of those Americans who have used credit cards to make ends meet. Mostly they've been used for moving...
Posted In: Credit Cards, debt

Defense says SocGen trader scapegoat

Stephen Beard | Jan 28, 2008
Prosecutors of Jerome Kerviel say the Societe General trader could face fraud charges, but Kerviel's defense claims the bank used him as a way to divert attention away from subprime issues. Stephen Beard reports.
Posted In: Crime

A way not to drive Manhattan mad

Ashley Milne-Tyte | Jan 28, 2008
New York Mayor Michael Bloomberg's plan to charge a fee to drive through Midtown Manhattan quickly divided the city. This week, the state's recommendations for an alternative come in. Ashley Milne-Tyte reports.
Posted In: Travel

Corporate go-go days have gone

Stacey Vanek Smith | Jan 28, 2008
The Harrah's casino deal is just one example of how the current market is affecting corporate deals. Stacey Vanek-Smith reports these continued slow-goings could ultimately slow down the economy.
Posted In: Investing

Too late for the Fed to go back now

Bob Moon | Jan 28, 2008
Many on Wall Street are expecting to see The Fed cut interest rates again this week, but some economists say there might be no cut at all. Bob Moon reports either way, it'll be tough for the Fed to unsend last week's message.
Posted In: Economy, Wall Street

Buffett gets into bond insurance

| Jan 28, 2008
While Wall Street is being asked to chip in billions to help bond insurers keep their credit rating, Warren Buffett is jumping fresh into the game. Fortune's Allan Sloan looks into Buffett's latest move with Scott Jagow.

Can Super Bowl XLII teach sports fans about global warming?

Dennis Markatos | Jan 26, 2008
The biggest teach-in in the U.S. is the Super Bowl, when almost 100 million of us gather around TV sets from coast to coast and enjoy the show....