Goldman Sachs had a hand in creating the financial crisis, but now the company is reporting a $3.3 billion profit for the last quarter. Seems there's money to be made in repairing the damage. Bob Moon reports.
Oil prices dipped below $60 a barrel today, and some forecasters predict that gasoline prices will likely fall below $2.50 a gallon by the end of July. Bob Moon reports.
Oil is down from last week, but still a lot higher than it's been in recent months. That jump in price has had a lot to do with speculators. Bob Moon examines the role speculators plays in influencing oil prices.
Today kicks off a new earnings season for U.S. companies, and Wall Street investors are working to manage their expectations during the recession. Bob Moon explores where and why analysts have set their sights low.
Goldman Sachs has made a lot of money using specially-crafted computer programs to give them an edge in stock trading. But its secret formula may have been compromised. Bob Moon reports.
Americans have socked away money at its highest rate in more than 15 years. But if consumers are saving more, and banks are being stingy too, how do we get money flowing through the economy? Bob Moon reports.
With the way things are going in the housing market, some wonder how homebuilders manage to keep from filing bankruptcy. Bob Moon explores how it's been possible so far for no major U.S. homebuilders to have closed shop.
Microsoft is giving away new computer security software that attempts to fix glitches in Windows. The real challenge for the software maker will be improving its image on security issues. Bob Moon reports.
Retail analysts are seeing a slight shift in consumer confidence. Shoppers are a little more likely to spend their extra pocket money right now. The only problem is finding any extra money. Bob Moon reports.
The U.S. has had to do a lot of borrowing to pay for its programs, and IOUs are stacking up. But so much government borrowing is pushing interest rates up higher. Bob Moon explores where borrowing and lending could become unbalanced.
