Fed chairman Ben Bernanke had a pretty rosy outlook on the economy — except that the core rate of inflation remains "uncomfortably high" and the housing and auto sectors are dragging. Critics say it's a mistake to downplay those factors.
The dollar fell to a new low against the euro today on worries that China will sell some of its dollar holdings. Meanwhile, the yuan continues to strengthen against the greenback. Bob Moon reports.
Thousands of Americans will have items confiscated from their carry-on luggage this holiday weekend. Bob Moon checks into how the TSA identifies which items it considers a threat.
Citigroup will pay over $3 billion for a majority share in the flailing Guangdong Development Bank. It's hoping to gain a toehold in China's banking industry — but is it worth the risk? Bob Moon reports.
The NYSE recently raised fees for feeding market data to Internet companies. They're so high that sites like Google and Yahoo have had to drop the service, so today they asked the SEC to roll back the hike. Bob Moon reports.
Nevermind all the trouble facing U.S. automakers lately: Some hedge funds and private-equity firms are banking on growing profits in the auto-parts industry. Bob Moon reports.
Despite falling crude prices and cheaper gas at the pump, oil companies are still expected to rake in enormous profits in the fourth quarter. How's that? Bob Moon explains.
Federal investigators got their first guilty plea in the stock options backdating scandal. The outcome could give executives at the other 140 companies involved even more to worry about. Bob Moon reports.
