JP Morgan Chase, the second-largest U.S. bank and also one of its healthiest, slashed its dividend and knocked payments down to a nickel. CEO Jamie Dimon called the move a precaution. Dan Grech reports.
An annual federal report out today finds health coverage could nearly double within the next decade. By 2016, public payers could be doling out more than half of all health care funding. Ronni Radbill reports.
In the 1930's, burlesque shows were a popular, cheap escape for the downtrodden. Online Host Scott Jagow talks to actor George Wendt, who stars in a new musical about a burlesque house, about entertainment's power to lighten your load.
As the Federal Reserve continues to make emergency loans to help troubled financial systems, some analysts are gawking at its size. Steve Henn juxtaposes the institution with an old state bank from the Soviet Union.
Japanese Prime Minister Taro Aso is visiting the White House today, and Washington is hoping the country of good savers will turn around and start spending some of its rainy day fund. Scott Tong reports.
The recession of the 1970's hit New York City hard with rampant crime and a mass residential exodus. But today, the city is in a much better position to keep from a similar downward spiral. Jeremy Hobson reports.
AIG is rumored to report a $60 billion loss, and could turn to the U.S. government for additional bailout funds. Renita Jablonski talks to Breaking Views's Edward Hadas about whether it's a good idea to give AIG more money.
New Orleans tourism is still a multibillion-dollar business. This strong hospitality revenue is helping the city battle the current financial climate and boost up reconstruction funds. Kate Archer Kent reports.
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