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Just one word: potash

| Aug 8, 2007
Since the '90s, it's been tech stocks that have kept the economic community riveted. But commentator David Frum says abstract is out: The "new economy" we keep hearing about is heavy and bulky and transported by rail.
Posted In: Economy

No match, no job

Jeremy Hobson | Aug 8, 2007
Any day now, the Department of Homeland Security is expected to unveil new rules requiring employers to fire workers whose Social Security numbers don't match their names. But critics say don't expect those workers to go home. Jeremy Hobson reports.
Posted In: Immigration, Washington

Late return to private equity game

Stephen Beard and Scott Jagow | Aug 8, 2007
Five years ago Morgan Stanley got out of the private equity business. Turns out that was a big mistake, but why has it decided to start a new fund in Europe just as the private equity boom seems to be fizzling? Stephen Beard reports.
Posted In: Canada

Not just a tax haven anymore...

Jill Barshay | Aug 8, 2007
Bear Stearns is testing offshore legal waters. The Wall Street investment house is trying to keep two bankruptcy cases in Cayman Island courts, but investors and creditors want a U.S. judge to force Bear to re-file here. Jill Barshay has more.
Posted In: Canada, Crime

Labor union shops for a candidate

Jeremy Hobson | Aug 8, 2007
AFL-CIO leaders meet today to discuss the possible endorsement of a presidential candidate as early as this fall. The labor union is smaller this time around, but claims it'll carry a greater punch than ever. Jeremy Hobson reports.

China bares its teeth

| Aug 8, 2007
Capitol Hill's threats to punish China for undervaluing its currency are starting to aggravate government officials there. They're willing to use China's holdings in U.S. bonds to retaliate, and that could really hurt, Ambrose Evans-Prichard tells us.
Posted In: Canada, Economy

There's aid, and then there's free aid

| Aug 8, 2007
The United States spends billions each year to try to improve living conditions for the world's poor, but critics in some nations say too often those U.S. dollars come with strings attached. Take Bolivia for example. Mary Stucky reports.
Posted In: Canada

U.K. farmers want to get paid

Stephen Beard | Aug 8, 2007
Farmers in Britain are losing money fast because of the latest outbreak of foot and mouth disease, and they're ready to sue anyone found responsible. First up could be an American company. Stephen Beard has more.
Posted In: Canada, Health

Fed's words speak louder than action

Amy Scott | Aug 7, 2007
The Federal Open Market Committee held interest rates steady at 5.25% today. But as is usually the case of late, everybody was more interested in what the Fed had to say rather than what it did. Amy Scott reports.

This credit crunch, too, shall pass . . .

Kai Ryssdal | Aug 7, 2007
The Fed made no mention of doing anything about the shakiness in the economy. Greg McBride from Bankrate.com spoke with Kai Ryssdal about the Fed's statement.
Posted In: Economy, Wall Street

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