Mid-day Update - Most Commented
Oct 18, 2012
No more Newsweek on the newsstand. Is China is deliberately slowing its own economy. U.S. students are carrying record student loan debt, and the risks and promises of Nissan routing your cars steering wheel through its computer.
Oct 17, 2012
Lance Armstrong hits the end of the road at Nike. The new "Suddenly CEO" at Citigroup. Gallup's take on last night's debate. The biggest for-profit college in the country, the University of Phoenix, is about to close half of its locations.
Oct 16, 2012
A sudden withdrawal from Citigroup -- CEO Vikram Pandit is stepping down. Later this week China puts out its GDP growth for the latest quarter. It now looks like growth in China will be even slower than officials expected. What would it be like if Medicare went in for a check-up?
Oct 15, 2012
This year's Nobel Memorial Prize in Economics goes to Americans Alvin Roth and Lloyd Shapley. US retail sales rose 1.1 percent last month. We were spending more on cars, gas and iPhones. Japan's third-largest wireless company, Softbank, has reached a deal to buy Sprint Nextel here in the U.S.
Oct 12, 2012
This latest earnings season continues today with profits from two of the country's largest banks. Martin Luther King, Elie Weisel, Aung San Suu Kyi -- to these Nobel Peace Prize winners today we add the European Union. A couple weeks into the fall TV season, viewership is down 11 percent across the major broadcast networks.
Oct 11, 2012
The head of the International Monetary Fund today sends a conflicting message to spend and stop cutting. New weekly claims for unemployment fell last week to the lowest level in four and a half years. The U.S. Anti-Doping Agency has released a report on alleged doping by retired cyclist and cancer survivor Lance Armstrong, but support for Armstrong's charitable organization Livestrong may be immune.
Oct 10, 2012
Global markets are digesting the fact that the head of China's central bank will be a no-show at this week's meeting of the IMF. Toyota is recalling 7.4 million cars around the world. The Red Cross is getting involved in the European Debt Crisis -- the organization is asking for donations to help the poor in Spain.
Oct 9, 2012
Fed Chairman Ben Bernanke and Treasury Secretary Tim Geithner are in India today talking about ways to improve economic ties with the U.S. The Cheesecake Factory is expanding to the Middle East. The IMF is forecasting slower global growth ahead. German Chancellor Angela Merkel is met with protests in Greece today.
Oct 8, 2012
The U.S. house intelligence committee says China's largest telecommunications companies should be banned from doing business here. The percent of U.S. households owning stock is at one of its lowest points in the last couple decades. In Venezuela, President Hugo Chavez has been reelected to a new six-year term.
Oct 5, 2012
U.S. employers added 114,000 jobs in September and the unemployment rate fell to 7.8 percent. The online game maker Zynga is facing an ugly stock price this morning. From closed-down steel mills to the sprawling modern Cleveland Clinic, Ohio's economic past, present, and future is a window into the state of our nation.