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Beware of power shift in world finance

Sep 11, 2007
Everybody from the Federal Reserve to the European Central Bank to the newest fund manager on Wall Street is worried about subprimes and the liquidity crisis. But commentator Bruce Stokes says there's an even greater challenge out there.
Posted In: Economy, Housing

Countrywide still searching for cash?

Sep 11, 2007
The nation's largest home lender is reported to be looking for another $2 billion. The prospect that Countrywide might need more money, after Bank of America ponied up $2 billion just last month has already jittery markets on edge. Steve Tripoli reports.
Posted In: Economy, Wall Street

Time's almost up for UAW negotiations

Sep 11, 2007
United Auto Workers are still in talks with the Big Three about union contracts set to expire Friday. Alisa Roth looks into why it's taking so long.
Posted In: Auto

OPEC split on crude decision

Sep 11, 2007
OPEC members are in Vienna today to consider pumping more crude oil onto the world market to bring down prices. But some members say increasing supply isn't necessary. Jeff Tyler reports.
Posted In: Retail

Toy companies getting testy

Sep 10, 2007
Disney and Toys "R" Us are among the companies hiring engineers to test toys at random from off the shelves. This will add a layer of security -- and most likely a layer of cost. Alisa Roth reports.
Posted In: Retail

No credit doesn't mean no buyouts

Sep 10, 2007
Private equity may be out of business for a while since it can't get access to credit, but Allan Sloan says that won't stop the buyouts on Wall Street.

Global economy, oil prices part ways

Sep 8, 2007
They usually travel in the same general direction, but recently there've been signs that the economy's going south, while oil flirts with record highs. Oh and gas prices are probably headed back up too. Stephen Beard tells us what's going on.
Posted In: Economy

Getting the wrong kind of closure

Sep 8, 2007
The news keeps getting worse for many American homeowners. New data shows that the rate of home loans in foreclosure has hit a record high for the third quarter in a row. And there's no end in sight, Bob Moon reports.
Posted In: Economy, Housing

Movies on a train

Sep 8, 2007
Some early morning commuters have to find creative ways to fill their time on the ride. Mark Goldschmidt started watching movies on his hour-plus ride into New York City, and soon he wasn't alone...
Posted In: Jobs, Travel

Volkswagen leaving Detroit in the rust

Sep 8, 2007
VW is moving its American headquarters to Virginia. The move by Europe's biggest carmaker is a further blow to Detroit, which has suffered big job losses in the auto industry which once fueled it. Stephen Beard reports.
Posted In: Auto

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