The Obama administration has been counting on big revenues from its climate change plans from selling permits for carbon emissions. But commentator David Frum says the way Congress works, the money will end up in utility companies' coffers.
The E.U. hit chip-maker Intel with a $1.5 billion antitrust fine for alleged illegal sales tactics, which was good news to competitor AMD. But Intel denies the practices were illegal, and says it will appeal. Janet Babin reports.
Retail is preparing for the upcoming back to school season with smaller inventories and more style for the thrifty buyer. Stacey Vanek-Smith explores what new shopping data reveals about how shoppers have changed in a new economic reality.
A growing number of young families are rethinking the traditional American Dream of owning a home in the suburbs. They're now considering the advantages of renting a place in the city. Sam Eaton reports.
The Africa Development Bank says millions of Africans are at risk of a substantial income drop. The collapse in the price of commodities could deprive every African of $250 a year. Stephen Beard delves further into the potential crisis.
Home developers are morphing designs to match the needs of homeowners in a new economy. Kai Ryssdal talks to Elizabeth Moule, an architect in Pasadena, Calif., who's using the subprime crisis as an opportunity to re-think how homes are built.
Consumer spending accounts for 70 percent of the American economy, so news of falling retail sales isn't exactly good. Ashley Milne-Tyte explores how economic indicators are affecting the way we shop.
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