New York City has long been considered the world's financial capital, but lately there's been talk that it's losing ground to London. So the city's hired consultants to compare financial services sectors. Ashley Milne-Tyte reports.
Southwest is expected to post healthy Q3 earnings today on the heels of rosy profits from American Airlines yesterday. Is this the long-awaited turnaround in the airline industry? Diantha Parker reports.
Wall Street workers were paid close to $300,000 last year on average, and securities firms like Goldman Sachs and Merrill Lynch are turning $3 billion quarterly profits. Amy Scott reports on the banking boom.
A major drought in Australia has driven wheat prices up here in the US. Prices hit a 10-year high yesterday and investors are scared that there may be wheat shortages for months to come. Mike Rhee reports.