Marketplace®
Every story is an economic story
  • Oct 20, 2007

    Financial education from soap operas?

    by Lisa Napoli

    Would it be easier to learn about personal finance if your teachers were your favorite daytime soap stars? Some U.S. officials want to make it happen. Lisa Napoli talks about it with U.S. Treasurer Anna Escobedo Cabral.

  • Oct 20, 2007

    Is marriage a good idea at your age?

    by Lisa Napoli

    If you're an older couple and both of you have considerable wealth, does getting hitched make financial sense? Lisa Napoli talks to Money Magazine editor Cybele Weisser.

  • Oct 20, 2007

    The 411 on dialing for information

    by Lisa Napoli

    What's the best way to find info over the phone? Lisa Napoli dials some numbers.

  • Oct 20, 2007

    Could you use a health-care advocate?

    by Lisa Napoli

    More and more companies are hiring independent health care advocates to walk employees through the maze of provider options, and to get them speedy care. Lisa Napoli talks to BusinessWeek's Lauren Young, who successfully lobbied her own company to provide this service.

  • Oct 20, 2007

    New job-seeking tool? It’s the network

    by Jeremy Hobson

    The business of online networking is growing, and part of the reason is that people are using their networks to recruit and job-seek. Jeremy Hobson found that, just like it is offline, it's less about what you know — it's who you know.

  • Oct 20, 2007

    Marketplace Money Mailbag

    by Chris Farrell

    Chris Farrell answers listener questions about advising a son on his mother's finances, investing in frontier markets, and what to do with a 401k after you've left a company.

  • Oct 20, 2007

    Straight Story: Mr. October

    by Chris Farrell

    Just in case you needed another reason to be spooked out this month, it's the 20-year anniversary of the market crash of 1987. Economics editor Chris Farrell looks back and tries to learn something.

  • Oct 20, 2007

    Buzzword: COLA

    by Marketplace Staff

    A big COLA can help rejuvenate the spirit and replenish a thirsty wallet. But this year, not everyone will find their Social Security COLA all that refreshing.

  • Of all the different ways to earn and invest money that we talk about, this is one method we don't necessarily advise. But that doesn't mean some folks aren't doing it. Reporter Sean Cole looked into "sugar daddies" and the "sugar babies" who want them.

  • Oct 20, 2007

    Day in the Work Life: Escalade love

    by Rico Gagliano

    Let's roll, spin, crush and destroy with Benjamin "Bo Bo" Winslow, crew chief of the monster truck "Escalade."

  • Oct 20, 2007

    A whole new dimension to Beowulf

    by Tess Vigeland
    A character from the movie "Beowulf"
    www.beowulfmovie.com

    Reading Beowulf has been dreaded by students for many years. Now the latest film adaptation is putting its own demands on theater owners. Stephen Shankland of C-Net talks with Tess Vigeland about the movie's 3-D dilemma.

  • Oct 20, 2007

    Screenwriters seek to craft online clause

    by Stacey Vanek Smith
    A studio worker cycles on the Paramount Studios lot in Los Angeles.
    Lucy Nicholson/AFP/Getty Images

    Members of the Writers Guild of America think they should be paid whenever someone views their work off the Web. But studios say they haven't even figured out how to make money online, let alone share it. A strike looms. Stacey Vanek-Smith reports.

  • Oct 20, 2007

    Economic forecast: Little reliability

    by Jeff Tyler

    You may remember about a month ago there was talk of more pain to come at the pumps. But it didn't quite work out that way. Jeff Tyler reports on the margin of error in economic forecasting.

  • Oct 20, 2007

    Week on Wall Street

    by Tess Vigeland
    Wall Street sign
    iStockPhoto

    Stockbroker and business analyst David Johnson chats with host Tess Vigeland about what happened on Wall Street this week and what may lie ahead.

  • Oct 20, 2007

    Black Monday exposed battle of old, new

    by Marketplace Staff

    Commentator Chuck Epstein was working for the New York Stock Exchange 20 years ago on Black Monday — when the Dow dropped 22%. He says that day highlighted a raging battle between the old guard and newer institutional traders.

  • Oct 20, 2007

    UAW members hesitate on Chrysler pact

    by Alisa Roth

    Detroit heaved a sigh of relief when the news came that a deal had been reached between the United Auto Workers and Chrysler. But they may have been slightly premature. Alisa Roth reports.

  • The NFL's New England Patriots have won a lawsuit against StubHub.com for reselling Patriots game tickets. But some fans and civil libertarians complain that the team is guilty of interference. Dan Grech reports.

  • Oct 20, 2007

    Dollar’s decline tops G7 agenda

    by Steve Henn

    The dollar has fallen to a new record low against the euro. Steve Henn reports on how the dollar was one of the big issues staring G7 finance ministers in the face as they met in Washington today.

  • Oct 20, 2007

    Black Monday, Then and Now

    by Chris Farrell

    I did an hour-long broadcast on Minnesota Public Radio about Black Monday with host Gary Eichten and Ross Levin, a CFP and president of Accredited…

  • Oct 19, 2007

    Black Monday: A Stunning Number

    by Chris Farrell

    Here's a stunning number, thanks to Sam Stovall, chief investment strategist for Standard & Poor's Equity Research Services. A comparable drop…

  • Oct 19, 2007

    Pats fans may regret using StubHub

    by Dan Grech

    After winning a ruling against online ticket reseller StubHub, the New England Patriots might revoke tickets from 13,000 of the site's customers. Dan Grech explores whether they had fans in mind.

  • Oct 19, 2007

    European leaders tackle weak dollar

    by Marketplace Staff

    European finance leaders are more worried than ever that the weakening dollar will curb E.U. growth. The issue will take top priority at this weekend's G7 meeting in Washington. Megan Williams reports.

  • Oct 19, 2007

    Preserving the American Dream

    by Chris Farrell

    What should be done to protect the American Dream? That's the question being asked in an American Public Media initiative. You can share your…

  • Oct 19, 2007

    More Trouble Ahead for Banks? Yup

    by Chris Farrell

    Big banks are largely blaming their earnings woes on subprime mortgages and leveraged buyout loans gone bad. True enough. But it also appears that…

  • Oct 19, 2007

    Can’t cash in on Oscar attention

    by Marketplace Staff

    October is the mid-point in the Oscar season, but don't expect the nominated films to be big earners. Doug Krizner talks to Variety's Stuart Levine about why the best films make the worst money.

  • Oct 19, 2007

    FedEx drivers finally fed up

    by Marketplace Staff

    To save money, FedEx classifies its drivers as independent contractors, not employees. So they made a special delivery back to the company — a lawsuit.

  • Oct 19, 2007

    This country sponsored by corporate

    by John Dimsdale

    World Bank President Robert Zoellick is seeking help from private-sector companies to uplift nations out of poverty. But some critics say this could give more influence to special interests. John Dimsdale reports.

  • Oct 19, 2007

    Working bitter to make sweet

    by Scott Jagow

    Living in sub-human conditions, cane workers in the Dominican Republic labor to bring us the sugar we use in our morning coffee. Scott Jagow talks to Bill Haney, who covers their conditions in the new documentary "The Price of Sugar."

  • Oct 19, 2007

    Volkswagen tries driving up U.S. sales

    by Jill Barshay

    Even the cheapest Volkswagen model can't compete against Japanese cars in the U.S. So the auto maker is going to start revamping its design. Jill Barshay reports.

  • Oct 19, 2007

    States crack down on mortgage market

    by Amy Scott

    While Congress readies itself for a housing market bill next week, states like Massachusetts and Minnesota are passing their own measures against abusive lending practices. Amy Scott has more.

  • Marketplace Morning Report for Friday, October 19, 2007

  • Oct 19, 2007

    More than a daily dose of Jon Stewart

    by Kai Ryssdal

    How does a television company get around its clips being posted on YouTube? Viacom has a solution that even The Daily Show might not poke fun at. Well…

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  • Oct 19, 2007

    Dressing for minimum impact

    by Sam Eaton

    Los Angeles Fashion Week may play second fiddle to New York's extravaganza. But Tinsel Town's star-packed shows this week are breaking new ground in a fast-growing niche called eco-fashion that seeks to be environmentally friendly. Sam Eaton reports.

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  • Oct 19, 2007

    Ready for some football, rugby style?

    by Kai Ryssdal

    England and South Africa will scrum it up in the final of the Rugby World Cup this weekend. Marketplace business-of-sports analyst Ed Derse talks with Kai Ryssdal about what's in play.

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  • Oct 19, 2007

    Bashing trade pacts hurts U.S. stature

    by Marketplace Staff

    The leading Democratic presidential candidates are talking about what they'll do to restore America's place in the world. Commentator Dan Drezner says they should start by paying close attention to economic policy.

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  • For every share you own of a company's stock, you get one vote in company elections. So, it stands to reason that the more shares you own, the more interest you'll have in the company's financial success, right? Well, maybe not. Amy Scott explains.

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  • Oct 19, 2007

    Iraq wants Iran, China to turn power on

    by Marketplace Staff

    Many places in Iraq still get only a couple of hours of electricity a day. So the Iraqi government is turning to contractors from Iran and China for help. Not exactly what the Bush administration wanted. Dan Grech reports.

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  • Oct 19, 2007

    Heat turned up on Countrywide CEO

    by Alisa Roth

    Democratic Senator Charles Schumer is calling for a formal investigation by the Securities and Exchange Commission into questionable stock trades by Countrywide CEO Angelo Mozilo. Alisa Roth reports.

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  • Oct 19, 2007

    Congress steps into media debate

    by Steve Henn

    Federal rules about owning a newspaper and a TV or radio station in the same market have been around for decades. The FCC tried to relax those rules, but a federal appeals court tightened them up again. Now Congress wants to get involved. Steve Henn reports.

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  • Thanks to careful frugality and skyrocketing copper prices, Chile will have $20 billion saved up. But some Chileans want the government to spend more. Dan Grech reports.

  • Oct 18, 2007

    Kids’ cold medicine under scrutiny

    by Jeff Tyler

    The FDA is meeting with an advisory panel about problems with children's cold medicines. Some companies have pulled products off the shelves, but that only amounts to a small fraction of the market. Jeff Tyler reports.

  • Oct 18, 2007

    British Airways spreads its wings

    by Scott Jagow

    There's competition in the air at London's Heathrow airport, and British Airways is responding to new international partnerships with merger ideas of its own. Scott Jagow talks to David Robertson of the Times of London.

  • Oct 18, 2007

    Modernization doesn’t happen in a day

    by Marketplace Staff

    Rome's second film festival opens today and brings a bit of Hollywood glamour to the ancient city. Rome correspondent Megan Williams tells Doug Krizner the event is the first in decades to bring in modern culture.

  • Oct 18, 2007

    Homeowners brace for subprime leap

    by Marketplace Staff

    About 2 million subprime loans set up with teaser rates will expire over the next 18 months, leaving homeowners with much higher mortgage payments. But finding a better loan deal to prepare for the jump isn't easy. Mhari Saito reports.

  • Oct 18, 2007

    Mining law might go modern

    by Sam Eaton

    U.S. mining law has gone unchanged for more than a century, and large corporations have taken advantage of the free pass given to the original miners of the Western frontier. But Sam Eaton tells us that could soon change.

  • Oct 18, 2007

    Will Social Security explode?

    by Chris Farrell

    The first of 76 million baby boomers filed for Social Security this week. But economics correspondent Chris Farrell says there's no need to worry about a system overload. He talks to Scott Jagow.

  • Oct 18, 2007

    Wall Street wasn’t banking on profits

    by Jill Barshay

    Several banks are reporting profits this week, and despite analysts' grim expectations, they're not doing so badly. But that doesn't mean there may not be trouble ahead. Jill Barshay reports.

  • Oct 18, 2007

    Unions unmoved by Sarkozy’s reforms

    by Eleanor Beardsley

    Only a small fraction of trains in France are running as workers strike against President Sarkozy's reforms. Eleanor Beardsley looks into whether Sarkozy will win his first battle with the unions.

  • Oct 18, 2007

    NBA scores a slam dunk in China

    by Scott Tong

    The NBA's offiicially gone global. NBA China has opened for business. China is the league's biggest market outside the United States. And don't think sneaker companies and sports marketers haven't noticed. Scott Tong reports.

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  • Oct 18, 2007

    Tabasco not such hot stuff anymore

    by Kai Ryssdal

    The spicy red sauce created by the McIlhenny family isn't as hot a market leader as it once was. Jeffrey Rothfeder, who has written a book about the product and the family, explains to Kai Ryssdal.

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  • Oct 18, 2007

    Party at the gas station!

    by Marketplace Staff

    While Big Oil is pumping big profits, independent gas stations selling non-branded fuel are seeing hard times. But reporter Kate Golden found one stubborn holdout in Northern California who's doing a brisk trade by offering tasty foods, good talk and impulse buys.

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  • The Fed says growth has slowed almost everywhere in the nation. And the Treasury Department says foreign investors are pulling their money out of U.S. markets at a record pace. What's this mean? Kai Ryssdal got the views of Alec Young of Standard & Poor's Equity Research.

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  • Oct 18, 2007

    Going green is only good business

    by Marketplace Staff

    Lots of companies are going green. And they can't wait to tell you about it in their ads and press releases. But commentator Robert Reich says, Big whoop!

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  • Oct 18, 2007

    It’s the BETTER Business Bureau

    by Steve Tripoli

    What could be a more straightforward brand than the Better Business Bureau? For some, though, the BBB's become the place to go to complain about business. So it's launched a nationwide campaign to let people know it does some other things, too. Steve Tripoli reports.

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  • Oct 18, 2007

    Poor people supporting poorer people

    by Steve Henn

    A new study offers compelling evidence the labor market has gone global. Roughly 150 million people have left their homes and taken jobs abroad, and they send billions of dollars back home. Steve Henn reports.

  • The latest version of a "cap and trade" plan for reducing carbon dioxide emissions is set to be introduced in the Senate. Big utility companies are petitioning the Senate for special relief. Sarah Gardner reports.

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  • Oct 17, 2007

    High taxes cause creative evasion

    by Dan Grech

    Brazilian authorities have raided Cisco offices and several homes on allegations the company evaded millions in taxes. Dan Grech reports the raids point to Brazil's bigger problem with high corporate taxes.

  • Oct 17, 2007

    New news group, old ethics debacle

    by Steve Tripoli

    Billionaires Herbert and Marion Sandler are starting a news organization dedicated entirely to investigative journalism. But Steve Tripoli reports where Pro Publica may already hit a conflict of interest.

  • Oct 17, 2007

    Supporters of apartheid might pay

    by Gretchen Wilson

    A decision by a New York court is allowing survivors of South African apartheid violence to seek damages from U.S. companies who supported the regime. Gretchen Wilson has more.

  • Oct 17, 2007

    Suffering an unhealthy business model

    by Marketplace Staff

    HCR ManorCare is deciding whether to sell the company to private-equity firm Carlyle Group. Karen Kasler reports the $6 billion deal could mean severe changes for the company's many nursing facilities.

  • Oct 17, 2007

    European airline venture takes off

    by Kyle James

    Air France and Delta Air Lines are teaming up to offer nonstop transatlantic routes from the U.S. to Europe. Kyle James explains why this is a good deal for passengers.

  • Oct 17, 2007

    U.S. should be wary of sovereign funds

    by Marketplace Staff

    Countries like Russia and China are using vast pools of government-controlled capital, or "sovereign funds," to purchase Western assets. Commentator David Frum says the U.S. should be mindful of the buyers.

  • Oct 17, 2007

    Redefining the online video world

    by Jill Barshay

    Video website Vimeo may not match YouTube in users, but it's promising viewers something its rival doesn't have on the menu: high-definition content. Jill Barshay reports.

  • Oct 17, 2007

    Congress stirs over chemical protection

    by Stacey Vanek Smith
    U.S. House of Representatives
    Brendan Smialowski/AFP/Getty Images

    The House and Senate want to continue the terrorism insurance program established after 9/11, but each has its own version of what should be covered. Stacey Vanek-Smith reports on where they differ and why some insurers are concerned.

  • Oct 17, 2007

    Guinness popularity yet to reach a head

    by Kai Ryssdal

    What makes Guinness beer such an integral part of pubs worldwide? Writer Bill Yenne talked to everyone from its master brewer to pubgoers and put their thoughts into a new book. He shared some of them with Kai Ryssdal.

  • Oct 17, 2007

    Teens are growing into luxury market

    by Andrea Gardner

    The high end of the retail market has been immune to the queasy economy. Adults with disposable income have kept brand-name retailers feeling no pain. But Andrea Gardner tells us the average luxury consumer is getting younger — much younger.

  • Oct 17, 2007

    Our listeners talk back

    by Kai Ryssdal

    Kai Ryssdal reviews listeners' concerns about NHL hockey, poker, logging, "supremely ugly" clothing, scuba diving and — oy! — is it Yiddish or Hebrew?

  • Oct 17, 2007

    Let’s applaud Europe’s antitrust stand

    by Marketplace Staff

    The European Commission won a landmark case against Microsoft last month, in which it charged the company with maintaining a monopoly on computer operating systems and media players. Commentator Barry Lynn says Washington ought to think like the Europeans.

  • Oct 17, 2007

    Scripps splits media into old and new

    by Jeff Tyler

    Remember in grade school when you had the cool kids and the losers? The Scripps media company has taken a page from the 5th grade handbook. Broadcast darlings like HGTV and the Food Network on one side, old-media slackers like newspapers on the other. Jeff Tyler reports.

  • Oct 17, 2007

    Telecoms are caught between branches

    by Kai Ryssdal

    Democratic lawmakers on Capitol Hill want companies such as Verizon and MCI to detail how they've participated in federal eavedropping. But the companies say the executive branch won't let them tell. Evan Perez of the Wall Street Journal explains with Kai Ryssdal.

  • Oct 17, 2007

    Changing their subprime tune

    by Steve Henn

    Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke have modified their public statements on the state of the U.S. housing market. Each now says they see a significant risk to the economy. Steve Henn reports.

  • Oct 17, 2007

    $100 a barrel for oil? Then what?

    by John Dimsdale

    Oil closed on the NYMEX market today at $87.61 a barrel. What happens if, or maybe when, it hits triple digits — at $100 a barrel? John Dimsdale reports.

  • Oct 16, 2007

    Glossies display troubled market

    by Jill Barshay

    House and Garden magazine is attempting to win readers by posing editor Dominique Browning in the window of a Crate and Barrel. Jill Barshay reports stunts like these are becoming more common for glossies.

  • Oct 16, 2007

    Candidates’ motto: Spend to earn

    by Dan Grech

    The numbers are in for what presidential candidates pulled from fundraisers over the summer, and the Democrats raised twice the amount as the Republicans. But candidates from both parties are spending more than they're raising. Dan Grech reports.

  • Oct 16, 2007

    No money for us, no money for you

    by Jeff Tyler

    Public pension fund CalPERS is considering a plan to pay fund managers only if they perform well. If they don't beat certain benchmarks, they'll make nothing. Jeff Tyler reports.

  • Oct 16, 2007

    Citigroup profits are even worse

    by Chris Farrell

    Citigroup earnings are down by more than half in the third quarter, its biggest decline in three years. And billions more in losses could be on the way for other financial institutions as well. Chris Farrell takes an in-depth look.

  • Oct 16, 2007

    Ericsson profits are way down

    by Kyle James

    Cell-phone maker Ericsson profits are down more than 25 percent. Kyle James looks into what's behind the company's weak sales — and why they may actually be ahead of the mobile phone industry's earnings curve.

  • Oct 16, 2007

    Weak dollar, sky-high oil

    by Marketplace Staff

    Oil is close to $88 a barrel this morning. Doug Krizner talks to Javier Blas of the Financial Times about what's causing the record high.

  • Oct 16, 2007

    Tapping into more protection

    by Steve Henn

    Telecoms want Congress to give them sweeping immunity from penalties for privacy violation. But Steve Henn reports the phone companies already have immunity.

  • Oct 16, 2007

    Italian TV viewers avoid reality

    by Scott Jagow

    In response to poor ratings, television networks in Italy are no longer buying reality TV shows. Scott Jagow talks to Megan Williams in Rome about what made Italians lose interest.

  • Oct 16, 2007

    The Washington Cesspool

    by Chris Farrell

    This is ridiculous. Lawmakers and lobbyists are pigs at the trough, as this Washington Post story makes clear: Getting Around Rules on Lobbying,…

  • Oct 16, 2007

    Halloween’s getting too tricked out

    by Marketplace Staff

    The National Retail Federation estimates that we'll spend more than $5 billion this year on candy, costumes, decorations, and other assorted paraphernalia for Halloween. Commentator Sandra Tsing Loh says she finds the whole experience ghoulish.

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  • Oct 16, 2007

    China’s economy speaks for itself

    by Scott Tong

    In Beijing the Communist Party Congress has begun. Delegates heard a two-and-a-half hour opening speech from President Hu Jintao, in which he talked lots of politics, but not much economics. Marketplace's Scott Tong talked with Kai Ryssdal from Shanghai to right that wrong.

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  • Oct 16, 2007

    Doctors let drug maker in on their talks

    by Stacey Vanek Smith
    Screen grab from Sermo.com
    www.sermo.com

    Various groups have created their own special networking sites online. One that's popular with thousands of physicians is called Sermo. Today the site decided to let the drug maker Pfizer in on the conversation. And that's causing some indigestion. Stacey Vanek Smith reports.

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  • Oct 16, 2007

    Nobel winners are right on the market

    by John Dimsdale

    The Nobel Memorial Prize in Economics announced today goes to three American economists whose work fits right in with what's been happening in the markets. John Dimsdale reports.

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  • Oct 16, 2007

    A rainy-day fund for liquidity squeeze?

    by Jill Barshay

    The nation's biggest banks have been chatting amongst themselves about how to make sure the liquidity squeeze doesn't get worse. They've decided it's time to put up or shut up — and Treasury is involved. Jill Barshay explains.

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  • Over the past 20 years Alaskan oil entrepreneur Bill Allen and people who work for him gave more than $1 million to candidates running for Congress. But his connections gave him another way to gain influence in Washington — fishing. Steve Henn reports.

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  • Oct 15, 2007

    Working in Italy is war

    by Marketplace Staff

    In Italy, almost four workers die each day due to workplace-related accidents. Megan Williams reports on what — or who — is doing the killing.

  • Oct 15, 2007

    The basics of Mechanism Design

    by Dan Grech

    Three Americans won the Nobel Prize in Economics this morning for Mechanism Design Theory, which economists can use as a market tool. Dan Grech explains how it works.

  • Oct 15, 2007

    Homeowners: Be more concerned

    by Steve Tripoli

    A nationwide survey of homeowners with adjustable-rate mortgages shows only a small percentage are worried about impending trouble. Steve Tripoli reports there may be a dangerous knowledge gap at work.

  • Oct 15, 2007

    The Taxman cometh for real this time

    by Alisa Roth

    Today is the deadline for people who filed for a tax extension in April. But Alisa Roth reports that many of them have yet to pay up — and thanks to the current economy, it may take them even longer.

  • Oct 15, 2007

    Up for a little corruption tonight?

    by Scott Tong

    The word "corruption" is popular slang used among Chinese youth to invite someone out to eat. But some cultural critics think the word is too close to the truth. Scott Tong has more.