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A new way to define GDP

Mar 12, 2008
The government is considering whether the current Gross Domestic Product accurately measures U.S. economic progress. Some analysts feel the way GDP is defined can cause some big problems. Sam Eaton reports.
Posted In: Economy

India's forbidden rickshaws still run

Mar 11, 2008
The practice of pulling passengers by rickshaw is illegal in India, but that doesn't stop the pullers from working. Miranda Kennedy talks to a rickshaw worker who's still in the family business for $3 a day.
Posted In: Jobs

FBI in Countrywide investigation

Mar 10, 2008
The FBI and Justice Department are investigating Countrywide to see if it misrepresented its financial position and the quality of the loans it made. But Nancy Marshall Genzer reports Bank of America is still planning to take over.
Posted In: Housing

Beware of the 14 deadly sins

Mar 10, 2008
After 1,500 years, the Vatican has just updated the seven deadly sins by adding seven new ones. And many of them have something to do with money. Stephen Beard reports.
Posted In: Economy

Muslim mortgages

Mar 7, 2008
How do you buy a house when your religion bars you from paying interest? Tess Vigeland visited the Zerroug family to learn how they structured the purchase of their Pasadena, Calif., home.
Posted In: Housing

Outsiders don't make good CEOs

Mar 7, 2008
Commentator and management expert Joseph Bower says when it comes to hiring a new CEO, candidates within the corporation are usually better at the job than outsiders.
Posted In: Jobs

CEOs defend their prime-choice salaries

Mar 7, 2008
Chief executives from three top mortgage lenders hit by the subprime mortgage crisis went before a congressional panel to answer lawmakers' questions on how they were able to earn hundreds of millions of dollars while their companies were bleeding money. John Dimsdale reports.
Posted In: Housing

Week on Wall Street

Mar 7, 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

Lost jobs a cost of economic pay-back

Mar 7, 2008
Employers cut more than 63,000 jobs in February -- the largest number in five years, according to the Labor Department. How long might job losses continue? As long as it takes to settle up with years of overextended growth. Alisa Roth reports
Posted In: Economy, Jobs

Against Saudi odds, a woman CEO

Mar 7, 2008
When Nadia Al Dossary's husband fell into a coma, she ignored Saudi Arabia's laws and handled his affairs. Now, she runs his multimillion-dollar scrap metal company. Kelly McEvers has her story.
Posted In: Jobs

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