A lot of people see the Standard & Poors index as the most accurate snapshot of the market. But it's a very different index and market than the last time it reached record numbers. Alisa Roth reports.
Starting Monday, China will allow its currency to rise or fall 0.5% a day. The limit used to be 0.3%. The action comes amid pressure from the U.S. and Europe to remove such controls. Alisa Roth reports.
Toyota reported another year of record profits. But those profits weren't quite as much as everybody had expected. And the company says things are going to be even slower next year. Alisa Roth reports.
Critics of a deal that gives 20 NYC private schools dibs on the best practice times at Randall's Island ball fields say it's shutting out low-income kids who would most benefit from the space. Alisa Roth has the story.
Venezuelan President Hugo Chavez has already taken control of his country's oil production. Now he's threatening to nationalize the banking industry. It's not the first time, reports Alisa Roth, but this time he may be serious.
Once a household name in the photographic film industry, Eastman Kodak has so far missed out on the digital camera boom and is shedding thousands more jobs. Alisa Roth reports.
News Corp, which already controls some big English and Australian papers, made a play today for Dow Jones, the parent company of the Wall Street Journal. Alisa Roth reports.
Protestors will rally in cities across the country today. But whether they match last year's massive marches or not, with so many lawmakers already in '08 campaign mode, it may be too late for meaningful reform, Alisa Roth reports.
Flight attendants at Northwest Airlines tentatively agreed today to paycuts that should clear the way for the troubled airline to emerge from bankruptcy by June. Alisa Roth reports.
New York mayor Michael Bloomberg wants to replicate a program being used in Mexico that offers cash incentives to poor families who meet certain goals, like keeping their children in school. Alisa Roth reports.