Latest Stories

Latest Stories


Who else to give credit for subprime?

Stephen Beard | Aug 16, 2007
The European Commission is investigating credit-rating agencies on claims that they failed to warn investors about subprime risks. And there are other worries, too. Stephen Beard reports.
Posted In: Canada, Economy

Population booming in a city near you

Jill Barshay | Aug 16, 2007
A new population report predicts the global population will grow by 50 percent to reach 9.3 billion by 2050. And very soon the number of people living in urban areas will outnumber rural folk. Jill Barshay has more.
Posted In: Canada

Whole Foods' secrets are out of the box

Bob Moon | Aug 15, 2007
Documents detailing Whole Foods' proposed takeover of the Wild Oats chain, accidentally left exposed on a court website, provide a glimpse into how the natural food chain is playing hardball against Wal-Mart. Bob Moon reports.
Posted In: Retail, Washington

Fox deal with writers has got buzz

Lisa Napoli | Aug 15, 2007
20th Century Fox has reached agreement with a group of top screenwriters that would pay them smaller advances in exchange for allowing them a percentage of the profits if their movies get made. Lisa Napoli reports.
Posted In: Entertainment

iRate over iPhone bills

Ashley Milne-Tyte | Aug 15, 2007
Some iPhone users are getting more than they bargained for -- like 300-page phone bills from AT&T. Ashley Milne-Tyte reports.

U.S. increasing pressure on Iran

Tess Vigeland | Aug 15, 2007
The Bush administration is reportedly taking steps to list Iran's Revolutionary Guard, which has substantial business operations, as a terrorist organization. The move would also put pressure on countries still doing business with Iran. Stephen Beard explains.
Posted In: Washington

Beach reads: 'Little Dorrit'

| Aug 15, 2007
Commentator David Frum offers up a Dickens classic that's all about the markets.
Posted In: Books

Jumbo loans feel subprime weight

Stacey Vanek Smith | Aug 15, 2007
Some in Congress and the mortgage industry want the government to allow Fannie Mae and Freddie Mac to buy up bigger loans. So far, no deal. Stacey Vanek-Smith reports on how that's affecting potential homebuyers in some of the country's most expensive housing markets.

What score do rating agencies get?

Tess Vigeland | Aug 15, 2007
There are lots of bogeymen in the subprime crisis -- lenders, brokers, investors, even homeowners. And here's another one: credit rating agencies. Kim Clark of U.S. News and World Report explains their role.

Wildfires snuff out business

| Aug 15, 2007
Smoke and flames have forced the U.S. Forest Service to close two popular stretches of the Salmon River in Idaho. And that's left quite a few businesses up a creek. Elizabeth Wynne Johnson reports.
Posted In: Retail