The congressional panel monitoring the Troubled Asset Relief Program said today that smaller banks are more likely to be hurt by troubles in the commercial real-estate market. Jeremy Hobson gives us more details from the report.
Hundreds gathered at an old basketball arena in LA this morning to receive free medical care. Doctors from the Remote Area Medical Volunteer Corps were set to see 1,500 patients. They reached that limit by 5 a.m. Stacey Vanek-Smith reports.
The economy lost 247,000 jobs last month, and that's a substantial improvement over earlier this year. But before we declare the recession over, commentator Justin Wolfers warns not to overlook the problem of long-term unemployment.
North Dakota has the healthiest labor market in the U.S. Thanks to a $700 million budget surplus and a big tax cut, the state has 9,000 job openings -- which it's hoping to fill with laid-off workers from the rest of the Midwest. Dan Bobkoff reports.
U.S. Secretary of State Hillary Clinton visited the Democratic Republic of Congo this morning. Clinton promised to send a team of U.S. experts to help the resource-rich country with fiscal management. Dan Grech reports.
It's time for General Motors to get back to the business of making cars, and we got to preview its newest offering: the Buick LaCrosse 2010. Kai Ryssdal talks to L.A. Times car critic Dan Neil about why GM chose to relaunch with such an old brand.
The Fed is looking to hire traders to help manage its investments, including roughly half-a-trillion dollars worth of mortgage-backed securities. But they won't make the same millions as Wall Streeters. Amy Scott reports.
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