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Not the usual retail Gap

Apr 12, 2007
While some retailers aren't expecting to report great numbers, Gap had none of that negativity — which is a pretty big change. Amy Scott reports the company may be recovering some of its lost luster.
Posted In: Retail

Our very own vending-machine price index

Apr 12, 2007
Here are the latest economic indicators from our office vending machine: corn chips, up 10%; soda, up a dime; tiny donuts, up 30 cents! So we called economist Dan Basse to find out what's going on.
Posted In: Retail

This time, black money's doing the talking

Apr 12, 2007
CBS fired radio host Don Imus today over his racial slur against Rutgers' women's basketball team. As always, money talked. Advertisers were bailing out. Commentator Marcellus Andrews points out that in this case, it's black money.

$1 billion subprime bailout of sorts

Apr 12, 2007
Foreclosures are on the rise as more and more homeowners find themselves unable to refinance, stuck with mortgages they can't afford. But now a nonprofit is teaming up with two major banks to offer thousands a second chance.
Posted In: Housing

Rethink those summer driving plans

Apr 11, 2007
Gas futures jumped 3 cents a gallon today after the government reported a sharp drop in the nation's gasoline inventories. Still, our John Dimsdale found some good news in the report.
Posted In: Economy, Retail

Columbia U. gets some big financial aid

Apr 11, 2007
Broadcast industry mogul John Kluge has given $400 million to Columbia University — just for student financial aid. Ashley Milne-Tyte reports on what kind of aid that amount will come to.
Posted In: New York

Lower earnings? No problem

Apr 10, 2007
Corporate America has posted 14 quarters of double-digit earnings growth. But in this earnings season analysts predict S&P 500 companies will report only about 3.5% growth. And analysts say that's OK. Amy Scott reports.
Posted In: Economy, Investing, Wall Street

Vermont emissions trial revs up

Apr 10, 2007
A federal trial is underway involving car companies and Vermont over the state's regulation of CO2. Dan Esty, who teaches environmental law at Yale University, lays out the issues with Kai Ryssdal.
Posted In: Auto

AMT for all!

Apr 10, 2007
Economist and commentator Susan Lee says dumping the Alternative Minimum Tax is a mistake. She argues we'd be much better off embracing the tax everyone loves to hate and making it universal.
Posted In: Taxes

Wall Street's prognosis: negative

Apr 10, 2007
Earnings season kicks off today on Wall Street and it's looking a little sickly. Some analysts are saying the three-and-a-half-year corporate profit streak may be nearing an end.
Posted In: Wall Street

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