Federal Reserve Chairman Ben Bernanke said this morning that the Fed will introduce new mortgage lending rules, especially targeting to high-cost lending. Alisa Roth reports why the Fed wants more power.
The Olympics are exactly one month away, and Beijing is working hard to clear out its dirty skies for the games. One key is shutting down polluting factories in nearby areas. Scott Tong reports from one city with a factory-closing deadline.
Democratic presidential candidate Barack Obama is fundraising in London. While it's illegal for him to take money from foreign citizens, the city is home to many wealthy Americans. Geoff Brumfiel reports.
The earnings season begins today with aluminum maker Alcoa, and slow construction has made aluminum demand fall. Ashley Milne-Tyte reports Alcoa's second-quarter earnings are likely to be lower than last year.