Mid-day Update - Most Recent
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.
Oct 4, 2012
Voters in the swing state of Ohio weigh in on what issues matter most for the middle class this election and who won the debate. In last night's debate Romney drew on his strengths with voters -- the economy, the deficit, and the role of the federal government. How will Romney's performance affect the trajectory of the race?
Oct 3, 2012
The Iranian rial has lost 25 percent of its value against the dollar in just the past week, and there is lots of blame to go around -- including some directed at the U.S. T-Mobile, America's struggling fourth-place wireless company, says it has finally reached a merger deal -- but not with one of the big guys.
Oct 2, 2012
New York's attorney general is suing JPMorgan for fraud over mortgage-backed securities. Goldman Sachs CEO Lloyd Blankfein sits down with us for an exclusive interview. Whispers and nameless sources this morning are signaling Spain is preparing to ask the European Central Bank and its creditors elsewhere in Europe for a sovereign bailout.
Oct 1, 2012
Today the Greek government is expected to unveil its 2013 budget. Some argue it's time for Greece to leave the eurzone. Manufacturing in China and Japan looks gloomy, and things aren't much better in Europe. A European index showed manufacturing activity shrank for the 14th straight month. Plus, we look at the strategy behind the U.S. Strategic Petroleum Reserve, the new store at Dallas Cowboys Stadium, and why looking at cute puppies and kitties at work could help you concentrate.
PODCAST: Bank of America shells out, Nickelodeon half-shells out and there are no clams for the junk-store Renoir
Sep 28, 2012
Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning, but isn't admitting any wrongdoing. It's time for 80's kids to "wax" nostalgic at the revival of Teenage Mutant Ninja Turtles -- and time for Apple Ping-ers to mourn the loss of the fledgling social network. American Airlines is threatening to take its pilots' union to court, accusing the pilots of disrupting flights by calling in sick and calling for unnecessary maintenance. And for the second straight year, fewer students enrolled in U.S. graduate schools.
Sep 27, 2012
The NFL has reached an agreement to end a lockout of referees. The league will give existing referees much of what they want for the next few years -- including a defined pension plan and a pay raise. In Spain, an ambitious new budget plan calls for more austerity. U.S. jobless claims fell last week to its lowest level in more than nine months. A report from the Pew Research Center says U.S. student loan debt is rising sharply. And how much does a voter's income determine his or her vote?
Sep 26, 2012
More protests are expected in Spain today after some big demonstrations last night. There's outrage over a new round of budget cuts as Spain tries to avoid becoming the next Greece. New home sales in the U.S. fell in August. A new study finds that total knee replacements have more than doubled in the past two decades. What does that mean for health care costs? Plus, stories on wind farms in Oregon, 3-D printing retailers, and the controversial NFL call that led to a loss for the Green Bay Packers.
Sep 25, 2012
Health care spending grew more than 4 percent last year. Workers at Yahoo! are expecting to hear from the company's new CEO today on her plans to jump-start growth. A dispute between China and Japan over a chain of islands could have a real impact on the U.S. economy because Japan is expected to switch focus from a free-trade pact with China to a new one with the United States. And if you're trying to get ahead in this economy, there's some age-old wisdom that would seem to apply -- play up your accomplishments. Seems obvious, but maybe that's in fact not your best plan of attack.
Sep 24, 2012
The company that makes Apple's iPhones and iPads in China has shut down one of its factories following a riot by workers. Thousands of people were involved in a fight at a Foxconn factory in Northern China last night. A new survey from Bankrate.com finds that it'll now cost you an average of $4 to withdraw money from an ATM that is not associated with your bank. And we all know dogs have a great sense of smell. Some dogs also have an uncanny ability to detect drops in blood sugar, even before their diabetic owners pick up on it. These Diabetic Alert Dogs are going for as much $20,000.