With loans harder to come by, more Americans have resorted to raiding their 401(k)s, but as Josephine Bennett reports, borrowing early can have big consequences.
In Israel there are traditional restrictions on the availability of bread during Passover. But this year, both the pious and the secular have reason to celebrate. Daniel Estrin reports.
The Oakland Athletics once rode an innovative strategy called sabermetrics to success in Major League Baseball. The team is now struggling, but commentator Dan Drezner says it's not because the strategy has failed. Rather, most of the other teams are using it too.
Closing time for New York City bars is 4 a.m. Some New Yorkers upset over noisy patrons want bars to close at 2 a.m. so they can get some sleep. Ashley Milne-Tyte reports
A decade after Apartheid, whites still control 90% of businesses in South Africa. To turn that around, the government has launched a program to force whites to share the wealth — requiring a new type of racial auditing in the workplace. Terry FitzPatrick reports.
Presumptive Republican presidential nominee Sen. John McCain wants to suspend the federal gas tax for the summer travel season. Truckers say they like the idea. But commentator and tax expert Len Burman says McCain's proposal won't get us where he wants to go.
Merrill Lynch reported $6 billion new write-offs for the first quarter, and the brokerage says it will have to cut 4,000 jobs. Analyst Tanya Azarch talks about the bigger picture for investment and commercial banks.
Oil prices have topped another record. U.S. crude was fetching well over $115 a barrel in London this morning. As Stephen Beard reports, speculation and uncertainty about supply lines have hedge funds placing bets.
College education costs continue to soar at the same time studies show college graduates getting paid less. Commentator David Frum says Americans should re-examine the real value of a college degree in today's economy.
