Mid-day Update - Most Recent
May 20, 2013
Yahoo buys Tumblr. What will happen if the Federal Reserve backs off? And public pensions bounce back, but not enough for some.
May 17, 2013
With one in five Americans on food stamps, some in Congress want to cut back on the program. There's talk in high places about the Fed ratcheting back on policies it hoped would add pep to the wheels of commerce. It's no surprise farmers and home builders want more immigrant labor, but horse breeders? Texas lawmakers decide whether to allow craft beer sales at grocery stores and brewery tours. It could mean a big boost for craft breweries.
PODCAST: Weather to blame for low Walmart sales; Angelina Jolie surgery boosts film about breast cancer
May 16, 2013
Walmart sales are down and so are housing starts, but the weather could be to blame. Plus, a small film about breast cancer research gets an unexpected boost from Angelina Jolie's preventive mastectomy.
May 15, 2013
A look at how new retail figures impact the economy. After last month's collapse at a garment factory, retailers around the world are responding in different ways. The European Commission is investigating a potential price manipulation scheme among oil companies. A Senate committee on governmental affairs looks at 380 ways “to make Washington more efficient.”
May 14, 2013
A new report says North America will once again dominate fossil fuel production. Cell phone theft in this country is on the rise, but there’s not really any incentive for the industry to help curb the increase. Housing seems to be in recovery mode in places like Phoenix, Arizona. But it may be tough for homebuilders to lure back construction workers.
May 13, 2013
Retail sales inched up in April. Bloomberg News admits to allowing reporters to access private client data. And, the Air Force turns to rank-and-file members for cost-cutting ideas.
May 10, 2013
The federal government will post a surplus for April 2013. The CEO of online retail giant Alibaba says he's too old for the job at 48. And, Obamacare's PR push is gearing up for prime time.
May 9, 2013
Legalize it, but tax it! Colorado seeks to regulate marijuana sales. Paid sick leave is coming to New York City. And stocks are up above 15,000, when will they come down?
May 8, 2013
Out of work Europeans move to Germany. Hospital charges vary widely for the same procedure. And should the government limit the amount of tax-free retirement savings?