Treasury Secretary Henry Paulson wants China to move faster on economic reforms and to try to move the process along, he'll lead an imposing delegation to China this week, Hillary Wicai reports.
The Republican-controlled 109th Congress begins its final session today. It's expected to leave the hard budget choices to the new Democratic Congress in '07 — and that could set up a showdown with the President. Hillary Wicai reports.
It seems U.S. investment bankers in Europe are wringing their hands over what the sliding value of the dollar will due to their annual bonus checks. Hillary Wicai reports.
An influential panel known as the Paulson Group issued a report today warning that U.S. markets are losing their competitive edge — but the pendulum may already be swinging the other way. Hillary Wicai explains.
The group of business leaders and academics released a report this morning. It says post-Enron regulations are hiking the cost of doing business in the U.S. and hurting American competitiveness. Hillary Wicai reports.
Declining home values aren't just bad for the families who need to sell. They also hurt cities and counties that rely on property taxes for their budgets. Hillary Wicai reports.
Automakers, insurers and MADD are set on changing laws to require breathalyzer ignition technology in the cars of all convicted drunk drivers — and everyone else while they're at it. Hillary Wicai reports.
President Bush was hoping to deliver news of a deal for permanent normal trade relations with Vietnam, but the measure didn't pass the House. Could be a sign of things to come in Washington, Hillary Wicai reports.
