A lot of economists have been notably optimistic about the subprime crisis, saying it wouldn't lead to a recession anytime soon. But a poll out today from Reuters may indicate a change of heart. Alisa Roth reports.
Not all world markets are suffering from the subprime crisis. According to the Bank for International Settlements, emerging economies like India and Brazil have largely been spared. Alisa Roth reports.
Disney and Toys "R" Us are among the companies hiring engineers to test toys at random from off the shelves. This will add a layer of security — and most likely a layer of cost. Alisa Roth reports.
President Bush and Australia's prime minister took a break from the APEC summit today to reconfirm their position on Iraq. And perhaps not by coincidence, Bush is expected to announce a big defense deal with Australia. Alisa Roth reports.
Prospective employees have a right to know what they're worth in the job market. Alisa Roth shows us how salary websites can help your research and why you might also want to be careful about the numbers.
Most New York City restaurants depend on low-wage workers, often immigrants who are easier to mistreat. So the city council will consider a bill that would put labor law violations on par with health code infractions. Alisa Roth reports.
Despite today's conciliatory air at the start of negotiations between the United Auto Workers and big automakers, UAW President Ron Gettelfinger said he isn't interested in concessions. Alisa Roth reports on the big issues on the table.
Now that Bear Stearns has told investors in two of its high-profile hedge funds that their money's essentially gone down the subprime drain — all $1.5 billion — threats of lawsuits are flying. Alisa Roth reports.
The steam-pipe explosion in Midtown Manhattan reminded New Yorkers just how vulnerable their aging infrastructure is. We asked Alisa Roth to look at the cost of keeping it up.
