Latest Stories

Latest Stories


Smaller purchases are going on the card

Lisa Napoli | May 2, 2007
MasterCard says its quarterly profits jumped 70% over this time last year. Cardholders used the plastic 16% more, spending $509 billion. What about that predicted slide in consumer spending? Lisa Napoli reports.
Posted In: Wall Street

Feds change how they borrow . . . for now

Jeff Tyler | May 2, 2007
The U.S. government announced it no longer needs the three-year Treasury note, because the budget deficit has improved. But some market watchers are already talking about the note's resurrection. Jeff Tyler reports.
Posted In: Economy, Washington

Divvying up Delta shares

Bob Moon and Kai Ryssdal | May 2, 2007
Having just emerged from bankruptcy, the new Delta Airlines begins life as a publicly traded company tomorrow. Our business correspondent Bob Moon sorts through the mechanics of a company getting out from under Chapter 11.
Posted In: Travel

A different kind of paid internship

| May 2, 2007
Internships have become so important for college students that many are willing to pay to get one. So maybe it was inevitable that entrepreneurs would see opportunity. Pat Loeb reports.
Posted In: Entrepreneurship, Jobs

Wall Street's up, Main Street's down

| May 2, 2007
The Dow, NASDAQ and the S&P 500 have been on quite a run recently. But commentator Robert Reich would like to point out that raw stock market numbers have little to do with the economy most of us live in.
Posted In: Wall Street

Study: Foul calls are often black and white

Kai Ryssdal | May 2, 2007
A study has found that white NBA referees call more fouls on black players, and black refs call more on white players. Allan Schwarz of The New York Times wrote a story about it. He talks with Kai Ryssdal.
Posted In: Sports

China's new Idol: 'Happy Boys'

| May 2, 2007
China's government is cracking down on one of the nation's most successful television programs, an "American Idol"-style talent show. But the new formula may still spell profits for the sponsors. Donna Renae reports.
Posted In: Entertainment

Murdoch's bid for WSJ

Chris Farrell | May 2, 2007
Rupert Murdoch's bid for Dow Jones (parent company of the Wall Street Journal) is a classic for him: Audacious and savvy. The offering price is ...

Dow shareholders say 'no' to Murdoch

Scott Jagow | May 2, 2007
Shareholders vow to block Rupert Murdoch's billion-dollar bid to buy the publisher of the venerable Wall Street Journal. The media mogul's plan to launch a financial news network might be behind the move.
Posted In: Investing, Wall Street

Murdoch's Dow move may spur bidding war

| May 2, 2007
When is $5 billion not nearly enough? Rupert Murdoch's bid to buy the publisher of the Wall Street Journal is well above market value, but it may be just the starting point if the owners invite more offers.
Posted In: Investing, Wall Street