Latest Stories

Latest Stories


UBS reports losses in third quarter

Stephen Beard | Oct 30, 2007
Swiss bank UBS reported its first quarterly loss in almost five years, and much can be blamed on investments in mortgage-backed securities. Stephen Beard reports the crisis might be far from over.
Posted In: Economy

Finance work holds barriers for women

Jill Barshay | Oct 30, 2007
A new survey of females in finance finds it's difficult for women to advance working in hedge funds or private equity. Jill Barshay looks into why these fields get a bad rap.

Spending it all on a good scare

Scott Jagow | Oct 30, 2007
Halloween is go time for the haunted house industry, and keeping a big scare operation running can be costly. Scott Jagow talks to the owner of the "Bates Motel," a large-scale, farm-based spook attraction.
Posted In: Entrepreneurship, Jobs

'Do Not Call' ever again

Alisa Roth | Oct 30, 2007
The "Do Not Call" list that prevents telemarketers from dialing you will expire next year. But Congress might pass a bill that would make registration permanent. Alisa Roth has more.

Another Fed rate cut a possibility

John Dimsdale | Oct 30, 2007
Investors are hoping the Federal Reserve will announce another rate cut after it meets today. John Dimsdale reports the economy is in better shape, but a cut could still be possible.
Posted In: Economy, Wall Street

Fake Steve Jobs has real 'Options'

Kai Ryssdal | Oct 29, 2007
Since early 1996, Dan Lyons has been maintaining a blog with the name Fake Steve Jobs. He was unmasked as the author this past summer, wrapping up a tech-world whodunit. Now he's got a book out as Fake Steve called "Options." He talks with Kai Ryssdal.
Posted In: Books

Nuclear power industry gets recharged

| Oct 29, 2007
After years of resistance from the public, the nuclear industry is attempting a comeback. It has already won $12 billion in taxpayer subsidies and is pushing for even more. Sarah Gardner reports.

Reforms have Paris cabbies driving mad

| Oct 29, 2007
French President Nicolas Sarkozy has declared war on the special privileges enjoyed by certain workers. Among others, he's promised to take an ax to the protectionist rules enjoyed by taxi drivers. John Laurenson reports.

Banks find a subprime silver lining

| Oct 29, 2007
Commentator Tyler Cowen says American banks have managed to protect themselves from the subprime crisis even better than you might have imagined.
Posted In: Economy, Housing

Another rate cut coming from the Fed?

John Dimsdale | Oct 29, 2007
The Federal Reserve meets Tuesday to consider short-term interest rates. Six weeks ago Ben Bernanke and the gang obliged Wall Street with a half-point cut. John Dimsdale reports investors have their party hats ready once again.
Posted In: Economy, Wall Street