Stocks have been down this week, in part, because of fears of a euro contagion. But economics correspondent Chris Farrell tells Bill Radke that he's not that worried.
Senate Majority Leader Harry Reid plans to ask for a new vote today on ending debate over the financial regulatory reform bill. Two Democrat holdouts seeking tougher regulations kept the bill — which would be the most sweeping overhaul of the financial regulatory system since the aftermath of the Great Depression — from moving forward.
Like a lot of states, revenue in Arizona is down, and huge cuts are on the table, but voters there have chosen a remedy: raising taxes. Jeff Horwich reports.
"Delta Divers" is a two-part special airing on the National Geographic Channel tonight that chronicles the lives of commercial divers. Tess Vigeland talks with producer Scott B, along with John Mosier, who for 20 years worked as a commercial diver.
When it comes to imported goods, the weakening value of the euro means European consumers don't have as much spending power as they did four months ago. That effect reverberates all over the world,
even affecting U.S. relations with China! Bill Marcus explains.
The violence in downtown Bangkok has gotten worse over the last 48 hours. Demonstrators have been protesting the prime minister there, arguing the ruling government came to power illegitimately. But leaders of the anti-government protesters have surrendered to authorities — a move that is sparking even more violence in the streets.
The SEC and other regulators say they still don't know what happened earlier this month when stocks crashed almost a thousand points in just a few minutes. Before bouncing back almost as fast. But regulators have come up with a new set of trading rules that they hope will prevent another flash crash.
There are lots of things we can learn from reality TV stars: How to sulk, preen, and milk every last bit from your 15 minutes. The producers of "Top Chef" are hoping you might want to learn something real — like how to roast a chicken. And maybe even pay for the privilege. Jeff Horwich reports.
