Latest Stories

Latest Stories


Housing bubble still intact — for now

Tess Vigeland | May 24, 2006
New home sales rose 4.9% last month. But the housing market is showing signs of strain. The price of homes sold last month dropped at the same time the number of unsold homes rose to a record high. Tess Vigeland reports.
Posted In: Economy

MasterCard IPO

Alisa Roth | May 24, 2006
MasterCard is going public Thursday, and it's expected to be one of the biggest IPOs in years. About $2.8 billion. Alisa Roth reports on the company's transition — and where all that money's going.
Posted In: Wall Street

GM to subsidize gas guzzlers

Bob Moon | May 24, 2006
General Motors will subsidize gas purchases in Florida and California to boost SUV sales in those states. It will cap gas prices at $1.99 per gallon for new buyers of some 2006 and 2007 vehicles. Bob Moon reports.

Negroponte given power to waive SEC rules

Kai Ryssdal | May 24, 2006
President Bush has granted his intelligence czar the authority to exempt publicly traded companies from reporting requirements — in the name of national security. Kai Ryssdal talks with BusinessWeek reporter Dawn Kopecki.
Posted In: Washington

Students flock to derivatives oracle

Eleanor Beardsley | May 24, 2006
The high-finance world of derivatives is all the rage these days at one French school. One teacher's students have been so successful that getting into her class is almost as hard as its subject matter. Eleanor Beardsley reports from Paris.
Posted In: Canada

Congress needs to flush obsolete programs

| May 24, 2006
The House is looking at government waste, setting up a bipartisan commission to get rid of federal programs that aren't worth the money. Commentator Steve Moore looks at some outdated government programs that need to go.

You can be Art Brut 102

Jane Lindholm | May 24, 2006
British band Art Brut has adopted the corporate franchise model, only with a twist. It's giving away its name and music for free. Jane Lindholm reports.

Corporate America, fund your pension promises

| May 24, 2006
Congress is working to forge a combined pension overhaul and tax cut package before Memorial Day recess. Commentator Robert Reich says there's one thing everyone should agree on: Require companies to honor pension obligations.

Inventors beware: Take good notes

| May 24, 2006
After nearly two decades, the man who invented coronary stents may finally get his due. The device used regularly in heart surgeries has made billions, but Atlanta dentist Henry Wall hasn't seen a dime of it. Emily Kopp reports.
Posted In: Health

Volatile market looks to durable goods

Bob Moon | May 24, 2006
Jittery investors will keep an eye on today's durable goods numbers for signs of the health of the economy. Bob Moon reports.
Posted In: Economy, Wall Street