New figures out today will show states like Arizona and Florida with the highest housing growth two years ago. Jeremy Hobson reports that now, these states suffer some of the highest foreclosure rates.
The Fed will meet Tuesday to decide whether to cut interest rates. But commentator Robert Reich says an interest rate cut won't help curb a recession — though a tax cut could.
With the Writer's Guild contract about to run out and fear of a strike looming, it's not the greatest time for the TV industry. Lisa Napoli tells us why this weekend's Emmy awards may feel a bit . . . sad.
Despite OPEC's decision yesterday to put more oil onto the world market, crude-oil prices are trading at near record levels. Stephen Beard reports OPEC's extra half a million barrels a day still isn't enough to make a difference.
A Chinese manufacturer of construction equipment is planning to move its operations to a plant in the U.S. in order to stay competitive. Jeff Tyler reports.
Copyright law says songwriters should be paid each time their work is used in a venue. But some bars and restaurants aren't paying, and that could mean heavy fines for the owners. Ashley Milne-Tyte reports.
A federal judge said it was unfair for some New York City restaurants to have to put calories on their menus while others were exempt. So they can all come down. Jill Barshay reports.
Not all world markets are suffering from the subprime crisis. According to the Bank for International Settlements, emerging economies like India and Brazil have largely been spared. Alisa Roth reports.
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