The Commerce Department said spending was up 0.4% in August. And incomes rose half a percent. Both numbers are better than expected. Jill Schlesinger from CBS MoneyWatch talks with Steve Chiotakis about why she's optimistic about the latest consumer spending report and why people are saving more money.
The TARP, also known as the bank bailout, ends this weekend. Well, maybe "ends" is a strong word.
But the Treasury Department will stop spending and lending new money from the current $475 billion fund. It's about two years old. Jeremy Hobson reports the program become less popular than most screaming toddlers.
The United Nations' International Labor Organization says continued budget cuts will hit jobs in a lot of places. The BBC's Jon Bithrey talks with Steve Chiotakis about why it might take longer for the labor market to rebound and what the effects of long-term unemployed might be.
That's Nissan's new electric car, the Leaf, goes on sale in December. Twenty thousand people have pre-ordered one, and now there's a waiting list. But Eve Troeh reports, there's another way take one for spin.
The White House issues a report card on the $800 billion stimulus program. And yes, the administration gives itself an A, for implementation. Washington bureau chief John Dimsdale talks with Bill Radke about how the White House can justify the grade.