It's official: London is now home to the most expensive residential real estate in the world, according to the newly-released 2007 Wealth Report, beating out Monaco, New York, Hong Kong and Tokyo. Pat Loeb reports.
All eyes are on the Fed today. Most expect short-term interest rates to hold steady, but analysts are divided over what's ahead. Some are talking about the possibility of a rate cut as early as next month, Amy Scott reports.
China's market continues its rapid march upward, hurtling over the 4,000 mark today. The euphoric buying spree has some government officials advising caution, but investors won't be swayed, Scott Tong reports.
The former president has worked out a deal to lower the cost of top-of-the-line AIDS treatment to less than $1 a day in developing nations. That's 50 to 70 percent less, but some say it's still too much. Helen Palmer reports.
More and more Filipinos living abroad are saying goodbye market vendors, so long Western Union — hello Web. A new crop of businesses is springing up to make sending gifts to loved ones back home easier than ever, reports Lenora Chu.
More Americans than ever before are eating from an international table. But revelations about tainted fish food in Canada have some worried that lax oversight of food imports could lead to even bigger problems.