Beijing has lifted some subsidies on domestic fuel on the theory that such a move would cut demand and allow global prices to ease off. But you know what happens when you assume anything about oil prices. Jeremy Hobson reports.
After massive protests in South Korea over the quality of American beef, the nation's president has apologized for mishandling the issue and trade negotiators appear close to a new trade deal. Dan Grech reports.
Federal and state money for maintaining roads and bridges is getting harder to come by — especially in the current economy. So governments are selling such infrastructure — even to foreign firms. Jill Barshay reports.
A government study is predicting that floods, droughts and severe storms are likely to ravage North America more often. It blames emissions of planet-warming gases. Host Bob Moon talks with risk management expert Robert Hoyt about the findings.
Higher gasoline prices are making it tougher for gas stations, pinched between higher costs and tougher competition. They're also getting it harder by credit card fees. Stacey Vanek-Smith reports.
Are these rising gas prices a crisis, or are they really a blessing in disguise? Economist and commentator Justin Wolfers says we're being compensated for these higher gas prices — we just don't realize it.
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