Mid-day Update - Most Recent
Nov 21, 2013
The White House is throwing cold water on a private investment group’s proposal to recapitalize Fannie Mae and Freddie Mac. At auction tonight, the domain name mutualfunds.com won't break 2013's record unless it fetches more than$4.7 million. And, are high tech hiring systems keeping Americans out of work?
Nov 20, 2013
We will draw a line between gas prices and holiday consumption. Dropbox, the online storage firm, is reportedly seeking a new round of funding. And, Fortune Magazine's Allan Sloan's list of the year’s worst deals and financial flops.
Nov 19, 2013
The Justice Department will announce a record-setting settlement with J.P. Morgan Chase over mortgages and mortgage-backed bonds. Dow 16,000. S&P 1,800. What does it all mean? And, a byproduct of refining gasoline is clouding the skies of a South Side Chicago neighborhood.
Nov 18, 2013
At the Dubai Air Show, Boeing claims the largest product launch in the history of commercial aviation. And, a new analysis by ProPublica finds that many doctors in the U.S. prescribe brand-name drugs to Medicare patients when generics can be dramatically cheaper -- and it's costing taxpayers hundreds of millions a year.
Nov 15, 2013
Janet Yellen testified before the Senate Banking Committee yesterday. China said today it's easing its one-child policy, but economics could still stand in the way of more children. And, the new PlayStation comes out tomorrow, and the battle for the living room ramps up another notch.
Nov 14, 2013
Janet Yellen was the advocate for more transparency by the Fed. What will she do as chair? A JPMorgan Twitter Q&A quickly turned into a public relations disaster. And, there are still people who make a living selling typewriters to law offices.
Nov 13, 2013
The Supreme Court hears arguments Wednesday in a case that could weaken union-organizing efforts. Sports Authority stores in Chicago are getting hit by "flash robs," gangs of shoplifters who are triggered all at once. And, people around the world want to help the Philippines. But what’s the best way to donate after disaster strikes?
Nov 12, 2013
Chinese leaders emerged from a four-day policy meeting today.
Nov 11, 2013
The Philippines is reeling and thousands are presumed dead after a massive typhoon hit over the weekend. And, after last month’s government shutdown, the business community is making its dissatisfaction with how business gets done in Washington clear through a new pattern of political giving
Nov 8, 2013
The government just reported the labor market in October was much stronger than expected, but how reliable is the data for a month when the government was shut down for half of it? And, imagine finding a job after being unemployed for months, only to have to look for a second to pay off your newly acquired debts.