Fine wine prices have shot up dramatically in recent years. But wine collectors aren't the only ones seeing dollar signs. So are wine counterfeiters. An estimated 5% of wines sold in secondary markets could be fakes. Krissy Clark reports.
Presidential candidates Barack Obama and John McCain say they'll reform the federal government's $150 billion student financial aid program. Commentator Kim Clark says that's great, but it's going to come with political costs.
With unemployment up, community colleges' enrollments are rising too. Many schools are short on funds and are having trouble handling the spike, especially in California where politicians are late in approving the state budget. Julie Small reports.
The death of one baby in China and hospitalization of dozens of others has been linked to tainted baby formula. The formula isn't approved for sale here, but the FDA warns of illegal imports. Scott Tong has more.
Ever wanted to go straight to voicemail when you called someone, without their phone ringing at all? Clever entrepreneurs are making that and other services available. Rebecca Sheir dials in.
Fundraising or even asking for money at all is just not something the Brits are comfortable with. From London, Christopher Werth reports that many organizations hire Americans to do the dirty work.
New York's Fashion Week was bigger than ever. American designers are doing well in general because overseas customers are taking advantage of exchange rates and shopping here. Sally Herships reports.
Commentator Dan Drezner says economic modernization is considered to be a good buffer against war for most countries. But in Russia's case, standard ways of thinking may not apply.
Are we there yet? The U.S. financial sector took yet another beating this morning. And things are worse in Europe. You wonder how much more it can take. Bob Moon talks to stock trader Ted Weisberg of Seaport Securities.
The report from the Senate Permanent Subcommittee on Investigations says the U.S. loses $100 billion a year in tax revenue to tax havens arranged by Wall Street banks for foreign investors. Janet Babin has more.
