Companies cut 254,000 jobs this month, according to private employment service ADP. The Gross Domestic Product also fell in the last quarter. Steve Chiotakis explores how this impacts us with Diane Swonk from Mesirow Financial.
General Motors began an experiment in July that had ealers posting new cars for sale on eBay. The project ends today, and although cars didn't fly off the lot as a result, the move piqued plenty of interest. Rico Gagliano reports.
Yesterday, Starbucks launched an instant coffee product called Via and tapped into a $20 billion global market. But the move wasn't a response to the economic downturn. Bill Radke talks to Starbucks CEO Howard Schultz.
The Senate's climate change bill proposes slashing 20 percent of emissions by 2020 with the help of carbon allowances, or permission slips to pollute. Money generated from allowances will largely go to local utilities. Ashley Milne-Tyte reports.
When the price of a stock goes down, a short-seller who bet against that stock will make money. But even though the practice is legal, regulators worry about abuses. The SEC will take a closer look at short-selling today. Amy Scott reports.
If you're not into fantasy football, you might think it's silly to drop $150 on insurance for one of your most valuable players. But in an $800 million a year industry, a policy is a small price to pay for protection. Sally Herships reports.
At a summit in Istanbul, the International Monetary Fund cut its forecasts for likely losses from the global financial crisis. But the Fund says despite a swiftly-recovering economy, the crisis is far from over. Stephen Beard reports.