Latest Stories

Latest Stories


Sustainability and Debt

Chris Farrell | Apr 23, 2008
I think America's embrace of household debt is on the wane for a number of reasons. Among the most important reasons is that lenders have learned...

The Decline in Economic Mobility

Chris Farrell | Apr 23, 2008
Most Americans are well aware that we have greater poverty here than in Europe. We don't redistribute as much money from the well-off to the poor....

Money Market Savings Accounts

Chris Farrell | Apr 23, 2008
Question: Chris -- You mentioned money market mutual funds a couple times on last week's show. Are money market mutual funds the same as money...
Posted In: banking

U.S. updates rules for foreign investors

Jill Barshay | Apr 23, 2008
Security matters become the key issue in the Treasury Department's new rules for overseas investors. Companies involved in defense or homeland security are most likely to be scrutinized. Jill Barshay reports.
Posted In: Housing, Investing

An idea for Jerusalem's housing crunch

| Apr 23, 2008
Every fifth apartment in Central Jerusalem is owned by someone from abroad, and many visit only on holidays and vacations. Hebrew University students want to rent them the rest of the time. Daniel Estrin reports.
Posted In: Housing

Italy trying to keep Alitalia in the air

| Apr 23, 2008
The Italian government will loan Alitalia about half a billion dollars to prevent the troubled airline's collapse. But Alitalia is losing $1 million a day and facing ever higher fuel costs. Stephen Beard reports from London.
Posted In: Travel

Social Security backlog needs funding

| Apr 23, 2008
Waits for disability benefit hearings now average 16 months. Today, Congress considers President Bush's request for $600 million to hire more judges and support staff. John Dimsdale reports from Washington.
Posted In: Retirement


| Apr 23, 2008
On Tuesday, we ran a story about the so-called "Millionaires' Amendment." That federal law allows congressional candidates to accept larger contributions if opponents finance their own campaigns. We reported Congressman Tom Reynolds of New York qualified for larger contributions under this rule. But he didn't qualify and he didn't accept higher donations. We regret the error.

Campaign politics and the food crisis

| Apr 23, 2008
Food shortages and the subsequent spike in food prices have caused a U.N. program to stop providing meals to schools in three countries. Commentator Will Wilkinson says the U.S. political process contributed to the worldwide food crisis.

Delta union vote starts today

Ashley Milne-Tyte | Apr 23, 2008
Government approval of a Delta-Northwest airline merger is pending, but today Delta Airlines flight attendants begin voting on whether to unionize. Ashley Milne-Tyte looks at what affect, if any, a union could have on the merger.
Posted In: Jobs, Travel