The Labor Department released job numbers today that were better than expected. If companies are creating jobs when the economy's supposed to be stalling, are we better off than we thought? John Dimsdale reports.
Because people are unpredictable and people drive markets, physicists and economists are getting together this week in Lisbon. They're talking econophysics, a field that tries to understand markets through the laws of physics. Geoff Brumfiel explains.
Some of life's little mysteries have simple economic explanations behind them. Econ professor Robert Frank shares a few, and the philosophy behind his book and the assignment that gets everyone thinking about everyday life in cost-benefit terms.
Because people are writing fewer checks, the Federal Reserve says it's going to close almost all of its 22 check-processing centers. ThPat Barron, head of the Fed's check processing operations, explains what's happening.
A report out today says that about a third of the world's 9.5 million millionaires live in the U.S. Robert Frank, who writes the Wealth Report column for the Wall Street Journal, discusses the report with Scott Jagow.
Britain has enjoyed huge economic gains lately, but a new survey says overall rates of illiteracy and poor math skills are dragging down how productive the nation's workforce can be. Stephen Beard reports.