Latest Stories

Latest Stories


Cities are stuck in mortgage meltdown

| Nov 27, 2007
The U.S. Conference of Mayors put out a detailed report today, forecasting just how badly cities are being affected by the housing slump. Bob Moon talked with Louisville Mayor Jerry Abramson about how the downturn is affecting his city and others.
Posted In: Economy, Housing

Let's be rational: Tougher times ahead

Steve Tripoli | Nov 27, 2007
The worst consumer confidence numbers in two years came out today, along with the worst year-on-year drop in home prices in 20 years, and a report predicting the foreclosure crisis is far from over. Do all these indicators confirm a recession is near? Steve Tripoli reports.
Posted In: Economy

There's only one Burger King in this town

Jeremy Hobson | Nov 27, 2007
For 50 years, the Burger King in Mattoon, Ill., has been a favorite spot. And thanks to a judge's ruling, that other Burger King has had to keep its distance. Jeremy Hobson reports.
Posted In: Food, Retail

Las Vegas' new City Center: greenwashed or not?

Jim Nicolow | Nov 27, 2007
In response to: The Greening of Las Vegas Weekend America,® Nov. 17, 2007 Jim Nicolow's take Holy crap! We're holding up Las Vegas as a...

Home prices decline

Chris Farrell | Nov 27, 2007
The S&P/Case-Shiller U.S. National Home Price Index posts a -4.5% annual decline in the third quarter of 2007. That's a record drop. Here's the...

Airlines appreciated the extra space

Alisa Roth | Nov 27, 2007
Allowing commercial flights into military airspaces saved airlines money in jet fuel, but there were still long delays for take-off and landings. But Alisa Roth reports airlines were happy with the results anyway.
Posted In: Travel

Definition of 'organic fish' is murky

Nancy Marshall-Genzer | Nov 27, 2007
If a farm-raised fish is fed ground-up wild fish, can it be labeled organic? A public meeting in Washington will decide today. Nancy Marshall Genzer looks into what the fish might be eating.

Did Citigroup need the life raft?

| Nov 27, 2007
Citigroup's $7.5 billion investment offer from the Abu Dhabi Investment Authority might have saved it from subprime trouble. Doug Krizner talks to Peter Thal-Larsen of the Financial Times in London about the deal.
Posted In: Wall Street

Picking a sale after foreclosure

| Nov 27, 2007
With the rise of foreclosure filings comes the parallel rise in foreclosure auctions. Lisa Chow checks out the auction block in New York City and looks into whether or not it's worth it to buy.
Posted In: Housing

New York regains financial dominance

Ashley Milne-Tyte | Nov 27, 2007
New York seems to be getting ahead on its rivalry with London as the world's preeminent financial center. But Ashley Milne-Tyte reports the two cities' competition may soon be dwarfed by other emerging markets.
Posted In: Wall Street