Latest Stories

Latest Stories


Nobel winners are right on the market

John Dimsdale | Oct 15, 2007
The Nobel Memorial Prize in Economics announced today goes to three American economists whose work fits right in with what's been happening in the markets. John Dimsdale reports.
Posted In: Economy, Wall Street

A rainy-day fund for liquidity squeeze?

Jill Barshay | Oct 15, 2007
The nation's biggest banks have been chatting amongst themselves about how to make sure the liquidity squeeze doesn't get worse. They've decided it's time to put up or shut up -- and Treasury is involved. Jill Barshay explains.
Posted In: Economy

Fishing trips put Washington on the hook

Steve Henn | Oct 15, 2007
Over the past 20 years Alaskan oil entrepreneur Bill Allen and people who work for him gave more than $1 million to candidates running for Congress. But his connections gave him another way to gain influence in Washington -- fishing. Steve Henn reports.
Posted In: Crime

Working in Italy is war

| Oct 15, 2007
In Italy, almost four workers die each day due to workplace-related accidents. Megan Williams reports on what -- or who -- is doing the killing.
Posted In: Health, Jobs

The basics of Mechanism Design

Dan Grech | Oct 15, 2007
Three Americans won the Nobel Prize in Economics this morning for Mechanism Design Theory, which economists can use as a market tool. Dan Grech explains how it works.

Homeowners: Be more concerned

Steve Tripoli | Oct 15, 2007
A nationwide survey of homeowners with adjustable-rate mortgages shows only a small percentage are worried about impending trouble. Steve Tripoli reports there may be a dangerous knowledge gap at work.
Posted In: Housing

The Taxman cometh for real this time

Alisa Roth | Oct 15, 2007
Today is the deadline for people who filed for a tax extension in April. But Alisa Roth reports that many of them have yet to pay up -- and thanks to the current economy, it may take them even longer.
Posted In: Taxes

Up for a little corruption tonight?

Scott Tong | Oct 15, 2007
The word "corruption" is popular slang used among Chinese youth to invite someone out to eat. But some cultural critics think the word is too close to the truth. Scott Tong has more.
Posted In: Entertainment

Will Steady Freddie lose his cool?

Sam Eaton | Oct 15, 2007
It's been four years since former Freddie Mac CEO Leland Brendsel was accused of accounting fraud to the tune of billions. Today, he'll have to convince a federal judge that he didn't know he was doing anything wrong. Sam Eaton has more.
Posted In: Crime, Wall Street

Scaling the Great Firewall of China

| Oct 15, 2007
When political season hits China, the government shuts down enough websites to keep the Internet at a crawl. Bill Marcus tells us who is most affected by the slow connection.