The affluent town of Edina, Minn., has been slowly feeling the effects of layoffs and stretched budgets. Annie Baxter visits the town's biggest employer to see how it's coping with the economic stress.
As unemployment rates creep higher, banks are worried that more loans will have to be written off. Because if prime borrowers find themselves jobless, they may not be able to pay their mortgages. Ashley Milne-Tyte reports.
President Obama has ordered the EPA to reconsider whether states can set their own auto emissions standards. But if a waiver to states is granted, can the ailing auto industry meet the tougher requirements? Sam Eaton reports.
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