The battling for control of English football's most successful soccer club -- Liverpool FC -- has taken an interesting twist. A Texas court has called time out on the deal after complaints by the current owners.
Federal Reserve Chairman Ben Bernanke is a student of Japan's infamous lost decade of economic stagnation. Can the U.S. can avoid a repeat? Economist Diane Swonk of Mesirow Financial talks with Bill Radke about what lessons Bernanke has learned from Japan's lost decade he can apply now.
The Labor Department reports that first-time unemployment claims rose last week by 13,000 to top 462,000. But the number of jobless workers continuing to collect benefits fell last week. Lance Pan at Capital Advisors Group talks with Steve Chiotakis about what's going on in the labor market.
President Obama will participate in a youth town hall meeting on the MTV and BET networks. The president will take questions from an audience of about 250 young people and from young viewers. That's a demographic hit hard by the sour economy, and some are doubtful anyone can help. Nancy Marshall Genzer reports.
OPEC oil ministers are meeting to set production targets for the winter. OPEC controls 40% of the world's oil supply and the ministers know their commodity is vital to the economy's recovery, so few analysts expect the ministers to tinker with their output. But John Dimsdale reports they are looking closely at another idea.
British investors are protesting political donations in the U.S. by Rupert Murdoch's News Corp. Those investors object to payments that will help Republican candidates in the mid-term elections. Stephen Beard reports.
In the 1940s, lots of men wore formal headgear. But two decades later, men's hats fell dramatically out of fashion. In recent years there's been a revival of sorts, much to the relief of one offbeat little shop in the southern English town of Bridport. Europe correspondent Stephen Beard paid a visit.
Some of the country's top CEOs are heading to Chicago. They're meeting as part of what's called The Business Council. Tony Arnold reports on what happens when you get 150 of the country's top CEOs in the same room.
Word is that a few private equity firms are mulling over a deal to buy out Yahoo, the number two search engine. Reporter Janet Babin talks with Bill Radke about who might buy Yahoo and why takeover talk is surfacing now.