Latest from Steve Chiotakis

• Feb 5, 2011

  National Automobile Dealers Association meets in San Francisco

  Car dealers have hit some rough road during the past couple of years — GM and Chrysler filed for bankruptcy and took government bailouts, and hundreds of dealers closed. But things are looking up for the auto industry, and car dealers are gathering for a convention in San Francisco.

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• Feb 4, 2011

  Little job growth, falling unemployment rate: What does it mean?

  The nation's economy created 36,000 jobs last month — not even enough to keep up with population growth, let alone boost the economy. Meanwhile, the unemployment rate fell to 9 percent, the lowest level in nearly two years. Jill Schlesinger explains the Labor Department's mixed report.

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• Feb 4, 2011

  Mortgage-backed securities are making a comeback

  Analysts blame mortgage-backed securities for the 2008 financial crisis. So it's surprising that the bonds are making a comeback. Anusha Shrivastava, of Dow Jones Newswires, explains.

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• Feb 2, 2011

  It gets worse: Australia prepares for a powerful cyclone after record flooding

  Just weeks after northern Australia was covered by floodwaters, the same part of the country prepares for a massive cyclone. Flood-ravaged businesses and communities are ready, reluctantly, for yet another economic and natural disaster, as economist Brian Redican explains.

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• Feb 2, 2011

  Factory activities rose in January

  We got word today from the Institute for Supply Management, factory activity rose last month. Economists had predicted the numbers would be flat so the positive reading kinda caught some analysts off-guard.

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• Feb 1, 2011

  Egypt’s food subsidy program is a ‘strategic national security’

  Protests continue in Cairo over high unemployment and high food prices. Steve Chiotakis speaks with Abdolreza Abbassian, senior economist at the UN's Food and Agriculture Organization, about Egypt's high price of food, and the nation's food subsidy program.

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• Feb 1, 2011

  A new FAA bill could create jobs, reduce fuel use

  The Senate this week will likely bring up a bill that helps to fund the Federal Aviation Administration — the FAA. Similar bills in the past have been squashed because of political opposition. Seth Kaplan explains.

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• Jan 31, 2011

  Naguib Sawiris on the importance of democracy for business in Egypt

  Steve Chiotakis speaks with Naguib Sawiris, chairman of the Egyptian telecom company Orascom, about the events in Egypt, and how a democratic government will benefit Egyptian businesses.

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• Jan 31, 2011

  Egyptian protests concern major U.S. companies

  The protests continue in Egypt today. Steve Chiotakis speaks with John Hamilton, North African specialist at Cross Border Information, about how American companies are reacting to the political unrest.

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• Jan 28, 2011

  Egypt shuts off Internet and cell phone service

  In Egypt today, anti-government protests continue as riots in the streets clash with police. The Egyptian government has shut off the Internet and cell phone service as a means to control the violence. David Butters, head of the Intelligence Unit with the Economist magazine, explains how this will affect global economics.

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