Bethlehem has seen a growth in tourism recently with the West Bank in relative calm. But as Sam Eaton reports, Palestinian businesses are hoping that more tourists will venture beyond Bethlehem to their neck of the woods.
A general consensus among analysts seems to favor a grinding, slow recession. But economics correspondent Chris Farrell believes we'll get out of this slump rather quickly next year. He tells Scott Jagow why.
Banks around the world have lost a total of $1 trillion in assets, according to a new study. The losses were almost balanced out by $920 billion in new investment, although a third of that came from governments. Nancy Marshall Genzer reports.
Today, the Federal Reserve is expected to approve credit card reforms that will end universal penalty hikes if you're late on one card. But Janet Babin reports we may have to wait awhile until we see them.
President-elect Obama is nominating Mary Schapiro to head the Securities and Exchange Commission. Alisa Roth has more about Schapiro, who could be the first woman to hold the SEC chair position permanently.
Tata, the Indian company that owns Jaguar Land Rover, is in talks with the British government about a possible bailout. But even though Britain is home to three Jaguar plants, is it willing to aid a foreign-owned company? Stephen Beard reports.
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