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Fed's action gives markets some relief

Jill Barshay | Aug 17, 2007
The Fed today cut the discount rate -- what banks pay to borrow from the Fed -- by half a percentage point. Banks use it only when they're in a bind. Like the one they've been in the past couple of weeks. Jill Barshay reports.

Skype silenced by software bug

Lisa Napoli | Aug 17, 2007
Skype, one of the most popular companies offering phone service over the Internet, suffered a pretty unpopular glitch the last couple of days. Lisa Napoli reports.

Southwest taking short hauls to No. 1

Stacey Vanek Smith | Aug 17, 2007
Southwest Airlines is on track to become the biggest airline in the world by the end of this year, as measured by the number of passengers carried. What's its key to success? Stacey Vanek-Smith reports.
Posted In: Travel

Beach reads: 'My Name Is Red'

| Aug 17, 2007
We've asked some of our commentators to send along their nominations for the best business beach books. For today's final installment writer Harriet Rubin recommends a contemporary novel about the beauty of innovation.
Posted In: Books

Week on Wall Street

Kai Ryssdal | Aug 17, 2007
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about the markets' nervous reactions to the liquidity shortage.
Posted In: Investing, Wall Street

Will the rush for green pan out?

| Aug 17, 2007
There's money to be made in the effort to halt global warming. One burgeoning business is the buying and selling of "carbon offsets" to American industry and consumers. What are these offset projects and how good are their claims? Claire Schoen reports.

Dogs take couture to the catwalk

Ashley Milne-Tyte | Aug 17, 2007
Pet Fashion Week kicks off tomorrow in New York, featuring high-end products for dogs. Ashley Milne-Tyte reports that fancy Fido doodads are capturing an ever-larger slice of the $40-billion-a-year pet-products market.
Posted In: Retail

Retiring is good as a foreign concept

| Aug 17, 2007
If you've worked your entire life but haven't done as much traveling as you'd have liked, why not consider retiring abroad? Jeremy Hobson explores some options and hangs out with a retiree in the streets of Paris.

Buzzword: Moral hazard

| Aug 17, 2007
When a secure financial safety net is in place, some worry investors may act less than safe. Hey, if the hazards are covered . . .
Posted In: Investing

Day in the Work Life: Casting director

| Aug 17, 2007
You feel you're meant to be a star, but she'll know for sure. And she won't even use the "casting couch" . . .
Posted In: Jobs

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