Latest Stories

Latest Stories


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.

Meager profits don't affect bonuses

Scott Jagow | Oct 15, 2007
Despite a troubled mortgage market, Fortune Magazine's Allan Sloan says it's been a good year on Wall Street. But even where profits fail to soar, the major players will still see healthy bonuses.

What Ownership Society?

Chris Farrell | Oct 15, 2007
We got this question the other day.... ...

What's behind the label?

Alex Cohen | Oct 13, 2007
At supermarkets throughout the country, private-label products are giving consumers a cheaper alternative. But are they as good as the name brands? Alex Cohen reports.
Posted In: Retail

Health-care crisis gets personal

| Oct 13, 2007
When Los Angeles Times columnist David Lazarus found out he had a potentially debilitating disease, he also discovered his insurance wouldn't cover what he assumed. He starts a series of conversations with Tess Vigeland about his health-care journey.