Sub-Saharan economies have been growing between 5-7 percent a year, benefits which the IMF and World Bank believe will have a lingering effect. Gretchen Wilson reports how a focus on business can help.
Three members of the Federal Reserve committee that sets interest rates have said another rate cut isn't necessary. That news was a bit of a surprise for Wall Streeters. And, as John Dimsdale reports, some economists are still expecting rate reductions in the near future.
Finance leaders from industrialized and major emerging economies are converging on Cape Town, South Africa for meetings of the Group of Twenty, or G-20. Gretchen Wilson reports that Africa is getting more notice thanks to a strain on global resources.
European bank Barclays announced it's written off another $1.64 billion, bringing its new write-down total to around $2.64 billion. But Stephen Beard tells Scott Jagow why, compared to other banks, that's not that much.
The northern Washington town of Bellingham may be the epicenter of a new economic model for a post-consumerist economy: Locally produced goods and services focused on what surrounding communities need and can sustain.