Retail sales dropped for the first time in five months, according to the monthly numbers for July. One thing Americans aren't buying much this summer is big cars. Alisa Roth reports.
Detroit's doing all it can about drooping car sales, including plans for new fuel-efficient and smaller models. We ask an industry analyst what happens if consumer preferences swing back to big.
A group of Senate moderates are in agreement about a proposal that would allow some offshore drilling. John Dimsdale has details on the compromise plan and talked with a few experts about it.
Arianna Huffington debuts the first local franchise of her popular news Web site The Huffington Post, aka "HuffPo," on Thursday. Is this a move on the local news turf? Renita Jablonski reports.
As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. Is a global settlement in the works? Bob Moon reports.
The Fed has bailed out banks, advised them on capital assets and now is issuing regulations for the credit-card industry. But who, asks commentator Robert Reich, is minding the Fed?
The lower-than-expected turnout at the Olympics is disappointing for corporate sponsors and companies that wanted to do business in China during the Games. But they're hanging in there, Scott Tong reports.
Money might not grow on trees, but it's apparently all over the streets. Sally Herships reports on a New York family that's building a nest egg with small change they find just lying around.
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