Latest Stories

Latest Stories

Freddie and Fannie back in the news

Aug 18, 2008
One report says Treasury officials are worried the mortgage giants won't survive without government help. Their true value of assets on their books is questoned too. Steve Henn reports.

What happens now in Pakistan?

Aug 18, 2008
Pakistan is very important to American efforts to bring stability to Middle East economies, and President Pervez Musharraf's departure raises many concerns. Kai Ryssdal talks to an expert on Pakistan's economy.

U.S. news misses economic story

Aug 18, 2008
A study out today from the Pew Center's Project for on Excellence in Journalism says the news isn't covering economics as much as Americans might like. Steve Henn reports it may be more complicated to do than we think.

Fay not moving in on oil production

Aug 18, 2008
Tropical Storm Fay has encouraged Shell to remove hundreds of workers from oil platforms in the Gulf of Mexico. But Dan Grech reports that oil production has not been affected so far, according to energy firms.

Why oil prices continue to fluctuate

Aug 18, 2008
The idea of drilling domestically for oil has long been circulating, but can it be a reality? Stacey Vanek-Smith talks with Mark Bernstein, director of USC's energy institute, about why that won't really help oil prices.
Small business are experiencing the ripple effects of higher fuel costs.
Justin Sullivan/Getty Images

Is Elvis still the King of profit?

Aug 18, 2008
It's Elvis week in Memphis, and The King still manages to have a royal presence by pulling million of profits for the city every year. But with a younger generation taking over, how long can he cash in? Rico Gagliano reports.

For public good, not for profit.

Technology is the new retail therapy

Aug 18, 2008
Americans love technology, and the stats are proving it. Consumer electronic sales 4.8 in July, according to U.S. government estimates. The...

The road to a BHP, Rio Tinto deal

Aug 18, 2008
BHP Billiton reported record earnings, today, but there are questions about the company's $130 billion all-share bid for its rival, Rio Tinto. Stephen Beard reports given BHP's strong earnings, Rio can demand a much better offer.

Midwest oil damages more than land

Aug 18, 2008
Oil drillers have been descending on farms in the Midwest to sink new wells, and that's making some farmers rich. But it's also damaging the environment and wrecking other farmers' lives. Peter O'Dowd reports.