The Federal Open Market Committee is wrapping up its meeting, and the Fed is expected to keep its key interest right where it is. Tamara Keith talks with Steve Chiotakis about how this all affects us.
Nestle, the world's largest food and drink company, is reporting a more than 2 percent drop in profit, its first decline in six years. Why? Christopher Werth reports.
The U.S. June trade deficit rose 4% in June to $27 billion, and the cost of what we imported increased for the first time in almost a year. Alisa Roth explains why.
Bernard Madoff's former chief financial officer pleaded guilty to federal charges after months of secretly working with the FBI. Tamara Keith reports on what he revealed.
Four employees of global mining giant Rio Tinto have been arrested and taken into custody for stealing commercial secrets and bribery. Reporter Scott Tong talks with Steve Chiotakis about who was arrested, and how big a deal it is.
One in 10 Americans took a second job last year, and that number is expected to double this year as moonlighting becomes a way of life in this economy. Lenora Chu reports.
The economy lost 247,000 jobs last month, and that's a substantial improvement over earlier this year. But before we declare the recession over, commentator Justin Wolfers warns not to overlook the problem of long-term unemployment.
North Dakota has the healthiest labor market in the U.S. Thanks to a $700 million budget surplus and a big tax cut, the state has 9,000 job openings — which it's hoping to fill with laid-off workers from the rest of the Midwest. Dan Bobkoff reports.
The Fed is looking to hire traders to help manage its investments, including roughly half-a-trillion dollars worth of mortgage-backed securities. But they won't make the same millions as Wall Streeters. Amy Scott reports.
