Sep 28, 2012 You've heard warnings about the economic disaster that could happen if Congress fails to avoid a fiscal cliff. But what is the fiscal cliff anyway? Sr. Producer Paddy Hirsch enlists the support of his friends Thelma and Louise in this three-minute explanation.
Sep 28, 2012 Contractors say 'fiscal cliff' could force layoffs; legal deadline for pink slips looms
Sep 25, 2012 In an exclusive broadcast interview, the International Monetary Fund chief urged U.S. leaders to take swift action on the so-called fiscal cliff, and called for European leaders to continue vetting the region's debt crisis.
Sep 12, 2012 Bob Woodward has been writing about politics and power since the '70s when he and Carl Bernstein broke the Watergate story. His latest book takes the reader inside the Obama White House during last summer's debt ceiling crisis.
Aug 16, 2012 Today starts with some more tepid economic news. The number of people applying for unemployment benefits ticked up slightly to 366,000 last week.
Aug 9, 2012 We've talked about the possible effects of the fiscal cliff on the economy, but there will be immediate and duplicate consequences for individuals too.
Aug 6, 2012 Lawmakers have left Washington for the August recess without taking action on the so-called fiscal cliff. Businesses and investors are trying to prepare as best they can, but what can the rest of us do?
Jul 13, 2012 JPMorgan Chase CEO Jamie Dimon spoke this morning about the company's solid quarterly earnings, but all the attention is on the massive $4.4 billion trading loss -- twice what they first thought -- and how the company will sort out the implications.
Jul 9, 2012 Today the aluminum company Alcoa kicks off America's quarterly corporate earnings season. Markets are bracing for disappointing numbers which may last through the Summer and Fall.
Jun 28, 2012 Although originally estimated at about $2 billion, the total losses from JPMorgan's botched trade in derivatives could -- in a worst case scenario -- reach upwards of $9 billion, according to the New York Times.