Mid-day Update - Most Recent
Jun 7, 2012
Spain's government raised its goal of $2 billion at a bond auction this morning, but banking woes still loom. Summer movie season means it’s time for big-budget, action-adventures, but summer can also spell success for movies that ignore the desires of teenage boys. President Obama will talk to students in Nevada today about his plan to defer federal loan repayments for low-income student borrowers. Although affluent devotees are willing to pay high prices for the up-market sportwear brand Lululemon, there may be a limit to the yoga market.
Jun 6, 2012
Organized labor reacts to Governor Scott Walker's victory in Wisconsin's recall elections yesterday. Federal bank regulators head to Capitol Hill this morning to update Senators on the progress of the Dodd-Frank financial industry reforms. Words like "austerity," "sequestration" and "equity" are commonly used in news stories everywhere these days, but do you know what they mean? The recession has boosted the number of Americans on food stamps to 44 million -- nearly double pre-recession levels.
Jun 5, 2012
The seven leading industrialized nations in the world are holding an emergency conference call today about the fate of the euro and the global slowdown. Voters in Wisconsin decide today whether to recall GOP Gov. Scott Walker. At the E3 video gaming conference this week all eyes are waiting to see how Nintendo, Microsoft and Sony will counter growing competition from mobile gaming. And why do the Obama and Romney campaigns both set $3 as the entry-level donation?
Jun 4, 2012
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report on Friday. New Mexico's largest ever wildfire is still growing and you can bet the bill to put it out will be high. Tomorrow, if you live near a 'Pizza Patron' and order in Spanish, you'll get your pizza for free. This Tuesday the nation will watch as Wisconsin voters head to the polls to decide whether recall their Republican Governor or not.
Jun 1, 2012
Today, the latest monthly job numbers come out and the Federal Reserve will be watching to determine their next move. Although, we hear a lot of data when it comes to the economy, everyone's story is unique. We visit a job center in Portland, Oregon to take the pulse of people who are just hitting the unemployment lines. Wal-Mart shareholders gather in Bentonville, Arkansas for the company's annual meeting. As hurricane season starts, stronger and more frequent storms have companies pulling out of parts of the Bahamas and Florida.
Jun 1, 2012
A new report from the New York Federal Reserve Bank shows that student debt is up nearly 8 percent in just the last year. David Weliver, publisher of financial advice blog, Money Under 30, tells us his story.
May 31, 2012
Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill. Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures. Madonna begins her sold out worldwide summer tour today in Israel. But what if you're not Madonna? How do you make money on tour?
May 31, 2012
For the past week and a half Mark Zuckerberg has been losing face a bit in the stock market, but this week his company is booking ahead with plans for a major expansion to their headquarters in the Silicon Valley suburb of Menlo Park.
May 30, 2012
The once high-flying maker of the BlackBerry handheld device is in deeper water than analysts feared. Research In Motion warned investors yesterday it could report a loss for its first quarter and has hired bankers for a “strategic review.” Computer networks across the Middle East are engulfed in flame, flame spying software that is. A hotdog joint called Felony Franks employs ex-convicts. After the BP spill, the multi-billion dollar Gulf Coast seafood industry was shut down. Now, two years later, things are looking up, at least for shrimpers.
May 30, 2012
In an effort to revive their brand image and win back market share from Coke, Pepsi is launching a new, hip partnership with Twitter that will include free songs for download and live-streaming music concerts.