Latest Stories

Latest Stories


Don't bet on the casino industry

Rico Gagliano | Aug 7, 2008
Recession is hurting profits across the board in the casino industry, with a particularly bad effect on fly-in markets. Rico Gagliano reports these days, gamblers aren't as much about flying into big gaming destinations.
Posted In: Entertainment

It's not really 99 Cents 'Only'

| Aug 7, 2008
They may be called dollar stores, but they can't stay afloat if they don't raise prices. Renita Jablonski reports how the 99 Cents Only chain is using flexible pricing strategy to balance out costs.
Posted In: Retail

Finding value in lumber mill leftovers

| Aug 6, 2008
Demand for sawdust has grown tremendously, with prices in some parts of the country doubling. But the housing slump means there's less of this unlikely commodity to go around. Nina Keck reports.
Posted In: Housing

Commodities coming down from highs

Kai Ryssdal | Aug 6, 2008
So far, 2008 has been a roller coaster year for commodities. Host Kai Ryssdal talks with Financial Times columnist John Authers about the role speculation played in the wild prices.
Posted In: Economy

Clocking China's economic pace

Scott Tong | Aug 6, 2008
While the world watches the speed of its athletes, China's economy continues sprinting on as well. Now economists are trying to determine just how fast it's going. Scott Tong reports.

Slowdown could help China open up

| Aug 6, 2008
Protests have already begun near Olympic sites in Beijing in anticipation of Friday's opening ceremonies. Commentator David Frum wonders if a slumping economy might be the key to opening up Chinese society.

Old tech could deliver $12 computer

Nancy Marshall-Genzer | Aug 6, 2008
First, the $100 laptop. Now, computers as inexpensive as $12. An MIT team hopes to create the low-cost machines by looking to technology from the early days of computing. Nancy Marshall Genzer reports.
Posted In: Science

Private prisons hold on in hard times

Ashley Milne-Tyte | Aug 6, 2008
America's largest private prison operator is preparing to report its earnings and analysts are wondering how the for-profit prison industry will cope with a down economy. Ashley Milne-Tyte reports.
Posted In: Crime

Corn prices pop ADM's ethanol profits

Dan Grech | Aug 6, 2008
Rising costs have driven Archer Daniels Midland, the world's largest grain processor, to plan a move away from corn as the primary component in its ethanol production. Dan Grech reports.
Posted In: Food, Oil

Another down quarter for Freddie

Alisa Roth | Aug 6, 2008
Freddie Mac posted its fourth-straight quarterly loss, signaling continued gray skies in the housing market and reminding investors of the firm's uncertain future. Alisa Roth reports.
Posted In: Housing