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Subprime storm: A financial forecast

Aug 29, 2007
The nation's biggest banks are adjusting their strategies to deal with the supprime loan crisis, and the credit crunch could get worse for all of us. Penn State economics professor John Mason offers some perspective.
Posted In: Economy, Investing, Wall Street

An economy built on hopes and dreams

Aug 29, 2007
The lyrics to "Way Down Yonder in New Orleans" call the city the "land of dreamy dreams." But as many put their hearts into rebuilding, Melanie Peeples says those dreams are for sale -- now more than ever before...
Posted In: Entrepreneurship, Jobs

Bayou Belles change tides in N'awlins

Aug 29, 2007
New Orleans tourism is practically back in full swing and tax revenues are approaching 85 percent of pre-Katrina levels. But in its low-income neighborhoods, recovery is as potholed as the streets. Enter the Belles of Bayou Road. Sam Eaton has their story.
Posted In: Entrepreneurship

Low prices come with low wages

Aug 29, 2007
What'd you pay for that grill? As you enjoy a long weekend and Labor Day barbeques, Robert Reich suggests you think about how we as a nation traded in a unionized workforce with the bargaining clout to get higher wages for cheap goods and services.
Posted In: Jobs, Retail

Sleep easy in the bond market

Aug 29, 2007
Investors are flocking to the safety of bonds as subprime lending fallout continues to drag Wall Street on a wild ride. The returns are nothing special, but some folks just want to know their nest egg is protected. Stacey Vanek-Smith reports.
Posted In: Economy, Investing

More coal = more mining accidents

Aug 29, 2007
It's a simple equation, say some industry watchers. Mining companies from around the world are meeting to review safety technologies and practices, but the heightened demand for coal is stressing the structure of the mines. Janet Babin reports.
Posted In: Jobs

'Go' Gulf zones two years after Katrina

Aug 28, 2007
Two years after Hurricane Katrina, much of the Gulf Coast is still in ruins. Half of the $100 billion in aid is tied up in bureaucracy and funds are slow in getting to the hardest-hit areas. Sam Eaton reports.
Posted In: Economy

Thinking like an entrepreneur in college

Aug 28, 2007
Most new college students are preoccupied with dorms, books and classes. But Claremont McKenna College freshman Ben Casnocha has something else on his mind: How to think like an entrepreneur during his four years.
Posted In: Entrepreneurship

Will subprime mess hurt Web ad market?

Aug 28, 2007
The subprime mortgage market was a cash cow for all types of media, and some unlikely areas of that market are feeling the effect. Retail analyst Howard Davidowitz says the hit to Internet advertising could be huge.

Extra layer of protection for ultra-wealthy

Aug 28, 2007
A wildfire in Idaho is threatening billions of dollars worth of high-end real estate and that has inspired one insurance company to go to unusual measures to avoid getting burned. Elizabeth Wynne Johnson has details.
Posted In: Housing

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