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Most Bear staff to be out on the street

May 12, 2008
JPMorgan CEO Jamie Dimon says he's only going to keep about 40% of the current Bear Stearns staff on the payroll. That decision is going to make an already tough job market on Wall Street even more difficult. Ashley Milne-Tyte reports.
Posted In: Economy, Wall Street

Economic problem: 'The rise of the rest'

May 12, 2008
Commentator Fareed Zakaria says the growth of developing economies is a major factor in our current economic crisis. We know how to handle a recession, he says, but the worldwide growth we're now seeing isn't something we've dealt with before.
Posted In: Economy

Chicken prices hardly moving

May 12, 2008
Although the cost of feed is soaring, the cost of chicken has barely budged this year. Ashley Milne-Tyte reports that chicken producers would love to raise their prices like everyone else, but are held back by retailers.
Posted In: Economy, Retail

Sloan Sessions: Buyouts get creative

May 12, 2008
We might be the midst of a credit squeeze, but that's not putting a complete stop to buyouts. Fortune magazine's Alan Sloan explains the creative routes some firms are taking to stay in the business of buying loans.

Getting to know what's in your home

May 9, 2008
Recent severe weather across the U.S. reminds us to be prepared for the worst. Candysse Miller shows Tess what she'd need to know to about her possessions to file an insurance claim.
Posted In: Housing

Rise of the urban farmer

May 9, 2008
Growing your own food would spare you from high prices at the grocery store, wouldn't it? Stacey Vanek-Smith puts her green thumb to the test to find out.

Straight Story: Gray skies ahead

May 9, 2008
Is the recession nearing the end or just beginning? Economics editor Chris Farrell sets the story straight, saying either way, expect a partly cloudy economy for some time to come.

Week on Wall Street

May 9, 2008
Stockbroker and business analyst David Johnson chats with host Tess Vigeland about what happened on Wall Street this week and what may lie ahead.
Posted In: Wall Street

Citigroup to sell more assets

May 9, 2008
Battered Citigroup has raised money from investors, laid off employees and sold off chunks of the business. It wasn't enough. Today the company announced it would sell off $400 billion in assets. Amy Scott has more.
Posted In: Economy, Wall Street

Decrypting the consumer price index

May 9, 2008
Next week, the government releases its consumer price index for April, so we'll get to see just how high the cost of living has jumped, right? But economists aren't predicting a big jump in the cpi. Nancy Marshall Genzer asks why.
Posted In: Economy, Retail

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