Latest Stories

Latest Stories


Making MySpace into ad space

| Sep 18, 2007 owner News Corp says it will unveil technology this week that allows it to mine all the information its members reveal about themselves and target ads to their interests. Lisa Napoli reports.

Mukasey, a subprime-lender defender

Steve Henn | Sep 18, 2007
Michael Mukasey, the president's nominee for attorney general, has been in a private law practice the last year where he helped pick up new clients needing white-collar criminal defense -- such as subprime lenders who might have run afoul of the law. Steve Henn reports.
Posted In: Crime, Washington

At these rates, what's next?

Amy Scott | Sep 18, 2007
It was no surprise that the Federal Reserve cut interest rates today. But what really caught people unawares was what rates it cut -- and by how much. Amy Scott reports.
Posted In: Economy, Housing, Wall Street

3 million bad letters on the way

Steve Henn | Sep 18, 2007
In the last year, the number of warning letters sent to troubled mortgage-holders increased 115 percent. Steve Henn reports this may just be the beginning.
Posted In: Economy, Housing

More in support of a Fed rate cut

Scott Jagow | Sep 18, 2007
August wholesale prices had their biggest drop in 10 months, making an interest rate cut possibly more attractive to the Fed. But what will it help? Scott Jagow talked to Jamie Chisholm of the Financial Times.
Posted In: Economy

The Bag Lady

Tess Vigeland | Sep 18, 2007

Mandatory health care won't curb costs

| Sep 18, 2007
Presidential hopeful Hillary Clinton laid out her plan for health care yesterday, which includes mandatory health insurance. But commentator Jamie Court says demanding more cost-effective coverage would be a better solution.

Wanted: Pentagon bookkeepers

Steve Henn | Sep 18, 2007
With this week's defense authorization bill in the Senate comes the possibility of another half a trillion dollars for non-war Pentagon spending. But Steve Henn reports they're already having trouble keeping track of the books.

An age of financial fragility

| Sep 18, 2007
From the Fed meeting rate cuts to August's wholesale prices report, there's a lot for the markets to digest today. Doug Krizner talked to ING Group chief economist Mark Cliffe in London about these numbers and the subprime effect in Europe.
Posted In: Economy, Investing

Urinals flush with sports history

Scott Jagow | Sep 18, 2007
An auctioneer in St. Louis is auctioning off various odds and ends from the old Tiger Stadium in Detroit. Scott Jagow spoke to CEO Bruce Schneider about what some sports fans will pay to own a piece of an old stadium bathroom.
Posted In: Sports