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GM, UAW may put faith in trust fund

Sep 19, 2007
General Motors and the United Auto Workers today got back to hammering out a new contract that could be a model for deals with Ford and Chrysler. Jeff Tyler reports the two sides are getting creative to solve the critical problem of healthcare costs.
Posted In: Auto, Jobs

Inflation turns on global economy

Sep 19, 2007
For the first time in almost a year the Consumer Price Index dropped in August. Roll that in with the reported drop in wholesale prices and it's a nifty economic shapshot, no? But Jill Barshay reports the picture's actually not so clear.
Posted In: Economy, Retail

Many consumers expect recession

Sep 19, 2007
A poll out today from Reuters shows one-third of Americans believe we're heading for a recession. But who's to blame? Steve Henn did his own poll this morning in D.C.
Posted In: Housing, Wall Street

Time to adjust the 'China Price'

Sep 18, 2007
Not too long ago, there was talk about the "China Price" -- multinational firms shifting production to countries with lax laws and few regulations, where costs were lower. Commentator and economist Arthur Kroeber says now there should be a real price to pay.
Posted In: Jobs

At these rates, what's next?

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

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

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

What did he say, exactly?

Sep 17, 2007
Former Fed chief Alan Greenspan is making the rounds plugging his new memoir and commenting on the economy. But when it comes to getting his views on the threat of recession? You still need to check and re-check.
Posted In: Economy, Wall Street

Size may not matter in Fed rate cut

Sep 17, 2007
Whatever the Federal Reserve annnounces for its expected interest-rate cut tomorrow, the housing meltdown and the credit crunch might have too big of a headstart for it to make much difference. Jeff Tyler reports.
Posted In: Economy, Wall Street

Ruling won't dethrone Microsoft

Sep 17, 2007
A European court found Microsoft guilty of breaking competition law and not ensuring software compatibility. But Stephen Beard reports that the ruling might not have a major effect on the company's market dominance.
Posted In: Retail

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