New York bureau chief Heidi Moore discusses what Standard & Poor's downgrade of America's credit rating will mean for consumers and whether it's time to panic.
There seems no end in sight for the debt crisis that has dogged Europe for more than a year and a half, and which helped spark this week's turmoil in financial markets
This week's little piggy will be going to a woman who's determined to pay off her mortgage. There's also another sweet reason why she won a piggy, too.
Wouldn't it be great if your workplace gave you free rein on how much vacation you can take? Some workers are enjoying the freedom, but some industrious Americans are wary of the offer.
A personal finance expert dispels the myth that you need thousands of dollars to start investing. She shares tips on how to build your investments starting with only $50.
The volatility in the stock markets isn't just spooking traders. It's making employers think twice about hiring, consumers think twice about spending, and affecting our entire economic outlook.
Europe's debt, anemic unemployment claims and general economic malaise all took the fall for the Dow's 500 point drop. But in reality, we'll never know the real culprit.
Vasant Dhar of NYU's Stern School of Business says investors shouldn't be worried by computerized trading. In fact, yesterday's sell off may have been exaggerated by people – and muted by computers.
July's job report saw the addition of 117,000 new jobs. But, in the wake of last week's debt crisis and today's report, markets still aren't convinced.
CBS MoneyWatch editor-at-large Jill Schlesinger explains how your personal finance is affected by the hopeful jobs numbers and depressing market conditions
During this week's rout, $2.5 trillion in value has evaporated from global balance sheets. And economists say the panic was prompted by politics — not economics.
The U.S. unemployment rate remains above 9 percent, and now President Obama says he has a few ideas to create new jobs, including free trade deals with Panama and South Korea.
Arab countries who were supposed to contribute to Palestinian Authority salaries say they need the money at home. It's estimated about a million people depend on that income
Author Don Peck examines how the Great Recession has affected individual Americans financially and psychologically, and discusses what impact those changes will have on American society overall.
Hackers are doing some good this week — meeting at a conference in Las Vegas to talk about security problems in the tech world and about how to fix them
General Motors today reported its profit nearly doubled in the 2nd quarter thanks to higher prices on its cars and trucks. Analysts believe GM
may have made a permanent turn from its unprofitable days of the past.
Initial claims for unemployment insurance declined in the last week of July, the U.S. Labor Department said. Economists like Mesirow Financial's Diane Swonk say this puts the onus on central banks to juice the economy.
Jobs For America, a call center collation, said today it's hoping to create up to 100,000 jobs in the next two years in the call center industry — jobs coming back from being outsourced to places like India and the Philippines.
The annual Black Hat hacker convention is underway in Las Vegas. On the schedule: a lecture outlining how easy it would be to hack high-frequency trading operations on Wall Street.
Shares of Japanese companies Hitachi and Mitsubishi Heavy Industries surged today after reports surfaced that the two companies were planning to merge. The union would create one of the world's largest companies.
As the global economy slows, and government's are reducing their own spending, investors are increasingly looking at monetary policy as the way to stimulate the market
The clothing retailer tries to re-brand itself by getting into the taco truck business. Will it convince young shoppers that its new line of jeans is gritty and hip?
After a high-speed train crash last month — and the government's reactions afterward — some Chinese are beginning to publicly show anger and resistance
Going over listener's responses to past broadcasts. This week: the credit ratings agencies versus the U.S.; investors and entitlements; paying for TV; and being number two in the world.
