Given the state of the housing market, it wasn't entirely surprising when luxury homebuilder Toll Bros. warned it won't meet its earnings target for the year. Amy Scott reports even the wealthy are feeling some pain.
The Labor Department says unemployment in April ticked up a tenth to 4.5 percent. At the same time the number of new jobs created last month grew at the slowest rate in more than two years. Jeff Tyler reports.
The U.S. government announced it no longer needs the three-year Treasury note, because the budget deficit has improved. But some market watchers are already talking about the note's resurrection. Jeff Tyler reports.
A survey this morning reported that April job growth was the weakest in four years. Downturns in the housing and sub-prime lending industries could be spreading, and the impact is being felt on the GDP.
America's investor class celebrates another record-high Dow average while grunts and jarheads bleed in Iraq. Commentator Ben Stein suggests that a universal draft might make us all more careful about future wars.
A report today from the Commerce Department showed prices rose 2.4% in March over last year, and that consumer spending was down in terms of what we got for our money. How will the Fed react? Bob Moon reports.