An audio tape on which Hungary's Prime Minister said he and his Socialist party lied about the economy for four years to get reelected was leaked to the media sparking violent protests there. Host Scott Jagow talks to reporter Stefan Bos in Budapest.
Hank Paulson has arrived in eastern China but he's warned against high expectations for his four-day visit. It's a tough time to try to even the huge trade imbalance between the U.S. and China, Jocelyn Ford reports.
New home construction fell six percent last month — the fifth drop in six months and double what was expected. Host Scott Jagow talks to FTN Financial chief economist Chris Lowe about the housing market slowdown.