California is on the brink of financial disaster. The Golden State is $42 billion in debt and lawmakers still haven't agreed on a budget. If they don't come up with a plan, California might be facing bankruptcy. Stacey Vanek-Smith reports.
As Chrysler and GM prepare their recovery plans, President Obama is setting up a task force to take charge of restructuring the crippled auto industry instead of appointing a "car czar." John Dimsdale reports on the president's plan.
Secretary of State Hillary Clinton has kicked off her first foreign trip to Asia as the nation's top diplomat, a sign of the region's increasing economic power. Scott Tong reports.
To cope with the recession, many companies are considering layoffs or pay cuts. But is it better for companies to cut pay or let employees go? Jeremy Hobson reports.
What's the first thing you do when you lose your job? Blog about it or update your status? More laid-off workers are using social networking sites to make connections — and get hired. Curt Nickisch reports.
If your investment portfolio took a big hit in 2008, you'd be forgiven for wondering if the markets aren't just a big Ponzi scheme. Roger Lowenstein explored that sentiment recently in The New York Times. He talks with Tess Vigeland.
Have you noticed there's less peanut butter in your jar? Some packaged goods companies have been reducing the weight of certain products and selling them for the same price. Sean Cole asks: Is it deceptive?
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