Panama will begin a 12-nation summit tomorrow on trade in the hemisphere. Focusing on trade growth, the country is preparing to spend $5 billion to expand its canal to accommodate bigger ships. Dan Grech reports.
With an economy in peril, it seems like everything is on sale. But when consumers hold out for record low prices, the market suffers from deflation. Stacey Vanek-Smith explains why in our latest Marketplace Decoder.
Demand for video games has stayed strong through a tumultuous economy, with new consoles selling at record high numbers. But many game makers are still laying off workers and closing studios. Janet Babin reports.
Mumbai has been famous for resilience against destructive events, weathering everything from riots to monsoons. But the latest terrorist attack on the city has been taking its toll. Raymond Thibodeaux reports.
Former Federal Reserve Chairman Paul Volcker will play a pivotal role on President-elect Obama's economic team. But some think his trademark frugality may not help the recession. Nancy Marshall Genzer reports.
Projections for the airlines next year are rosier than the present, thanks largely to the sharp fall in oil prices. But despite doing better, the industry is not out of the dark yet. Stephen Beard reports.
Congress could vote on a $15 billion loan to automakers tomorrow, but the deal still has opposition. Scott Jagow talks to Marketplace's Dan Grech about the sticking points between Republicans and Democrats.