The wireless spectrum is up for auction today, and mobile phone and Internet companies are lining up to bid. Lisa Napoli reports whoever wins the bidding war will have a direct impact on the American consumer.
To help profits, Ford might trim down its work force. But what will help the automaker after that? Ashley Milne-Tyte reports the company needs to rely on new product development in order to progress.
Right after the Fed rate cut was announced, economics correspondent Chris Farrell started getting e-mails from people asking whether they should refinance their homes. Chris answers that question with Scott Jagow.
Some Ivy League schools are doing so well they're offering free tuition to students from less-wealthy families. Lisa Napoli looks into a recent report for how the richest universities are managing to pull funds in a slow economy.
A subscription art club in San Francisco locally mass-produces and delivers a new piece every few months. And despite varying costs each time, the business model is holding up pretty well. Julie Caine has more.
Societe Generale is chalking up the loss of $7 billion to an "inept employee." Stephen Beard reports analysts see the losses as the latest chapter in the saga of shady banking practices.
Traders are betting the Fed will cut its target interest rate by at least a half a percentage point next week. Jill Barshay reports the predictions from the futures market.
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