Economy - Most Recent


Product-safety chief rejects extra funds

Oct 30, 2007
The U.S. Consumer Product Safety Commission is half the size it once was, which means it's been busy dealing with this year's record number of recalls. Yet, its acting head Nancy Nord says she doesn't want extra money that Congress is offering. John Dimsdale explains what's going on.
Posted In: Retail

No more for product safety, please

Oct 30, 2007
Congress is considering a bill that would give the Consumer Product Safety Commission more money, staff and power. But the head of the agency says she doesn't want the bill to pass. Steve Henn reports.
Posted In: Retail

U.S.-Mexico illegal immigration down

Oct 29, 2007
Homeland Security is projecting much smaller numbers of illegal Mexican immigrants than last year. Alisa Roth reports the decrease might not just be due to a harder-working border patrol.
Posted In: Immigration, Mexico

Rangel offers massive tax-reform bill

Oct 25, 2007
The Democratic chairman of the House Ways and Means Committee, Charles Rangel, has introduced a tax-reform bill that would lower taxes for 91 million families and overhaul the entire tax code to the tune of almost a trillion dollars. Steve Henn reports.
Posted In: Taxes

Farm bill feeds legislative battle

Oct 24, 2007
The five-year renewal of the farm bill is before a Senate committee, loaded with almost $300 billion in subsidies and programs. And once again it's stirring debate over the government's role in putting food on the table. John Dimsdale reports.

Closing the 'Enron loophole'

Oct 24, 2007
Congress wants to prevent inflated natural gas prices from investment manipulation, along the lines of what happened with hedge-fund Amaranth. But some say the government shouldn't have to look so closely over investors' shoulders. Amy Scott reports.

New standards for mortgage lenders

Oct 24, 2007
The House is considering a bill that would set new standards for lending practices in hopes of eradicating issues that caused mortgage crisis. Jeremy Hobson has more.

Blue Card: Don't leave home without it?

Oct 23, 2007
In an effort to attract highly skilled immigrant workers, the European Union is proposing its version of the U.S. "green card" visa. It would offer faster approval and employment guarantees. And it has U.S. businesses worried. Dan Grech reports.
Posted In: Immigration, Jobs, Science

Blue is the new Green card

Oct 23, 2007
The E.U. is unveiling a "Blue Card" program in an effort to better retain its pool of skilled foreign workers. Kyle James juxtaposes Europe's new work visa with the U.S. Green Card.
Posted In: Immigration, Jobs

EPA makes California fume

Oct 22, 2007
California state officials are getting impatient with the Environmental Protection Agency over regulating greenhouse gas rules. So Governor Schwarzenegger has threated to sue if a decision isn't made by midnight. Sarah Gardner has more.