Latest Stories

The global market story has been about the bleak U.S. economy for awhile now. But today, the E.U. said Germany, France and Italy had terrible second quarters. Scott Jagow talks about the European markets with Stephen Beard.

It's hard to go anywhere in Beijing without seeing the face of hurdler Liu Xiang on billboards, which some fear could eventually lead to the risk of overexposure. But Jamila Trindle reports that might not matter to fans.

Legend has it that politicians interviewed on The Colbert Report see a significant bump in fundraising after they appear on the show. Rico Gagliano did a little research and found the numbers backed up the theory.

Increasing energy costs have made geothermal heat pumps an attractive solution to heating buildings. The New York Times reports business is booming...

Money might not grow on trees, but it's apparently all over the streets. Sally Herships reports on a New York family that's building a nest egg with small change they find just lying around.

The lower-than-expected turnout at the Olympics is disappointing for corporate sponsors and companies that wanted to do business in China during the Games. But they're hanging in there, Scott Tong reports.

The Fed has bailed out banks, advised them on capital assets and now is issuing regulations for the credit-card industry. But who, asks commentator Robert Reich, is minding the Fed?

As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. Is a global settlement in the works? Bob Moon reports.

Arianna Huffington debuts the first local franchise of her popular news Web site The Huffington Post, aka "HuffPo," on Thursday. Is this a move on the local news turf? Renita Jablonski reports.

A group of Senate moderates are in agreement about a proposal that would allow some offshore drilling. John Dimsdale has details on the compromise plan and talked with a few experts about it.