Ice is melting rapidly off the northern coast of Alaska, which is drawing the attention of the commercial fishing industry. But U.S. government is expected to step in and stop it before it starts. Sarah Gardner reports.
Today's financial crisis has driven economists to look back at what happened in the 1930's. Renita Jablonski talks to economics correspondent Chris Farrell about what's different today and what we got from the New Deal.
The Senate passed a new amendment granting a $15,000 tax credit on the purchase of a primary house. The perk would cost $19 billion, ballooning the total stimulus to $920 billion. Dan Grech reports.
Today lawmakers watered down the controversial "Buy America" provision, which America's foreign trade partners took as good news. Scott Tong explores the business opportunities this could provide for China.
The Bank of England has slashed its rates down to a new low of 1 percent. The bank says the British economy urgently needs the cheaper credit, but not everyone is cheering the reduction. Stephen Beard reports.
Stores are releasing January retail sales figures, and retailers are concerned about the impact huge bargains have had on consumer psyches. Ashley Milne-Tyte reports what other factors were also involved.
Students at Australian universities rely on the government to pay for their education, and alumni aren't rushing to donate. To up alumni support, one university is taking cues from Yale. Naomi Lewin reports.
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